FINRA Arbitration Panel Orders Wells Fargo And Financial Advisor Stephen L. Smith To Pay Estate Of Deceased Investor $3.4 Million For Failing To Safeguard Against Elder Financial Exploitation And Abuse
On December 26, 2024, a public FINRA Arbitration Panel awarded an estate of a deceased investor close to $3.4 million for Wells Fargo’s failure to identify and respond to elder financial exploitation and abuse. According to the filings, the deceased investor’s nieces improperly convinced the investor to transfer...
FINRA Arbitration Panel Orders Wells Fargo And Financial Advisor Stephen L. Smith To Pay Estate Of Deceased Investor $3.4 Million For Failing To Safeguard Against Elder Financial Exploitation And Abuse Continue reading…