David Allen Claggett (David Claggett) Fired by Wells Fargo Advisors, LLC f/k/a Wachovia Securities, LLC – Goodman & Nekvasil P.A., May Recover Losses on Fannie Mae – Freddie Mac Preferred Stock and/or Other Investments

Goodman & Nekvasil P.A., May Recover Losses on Fannie Mae – Freddie Mac Preferred Stock and/or Other Investment – David Allen Claggett (David Claggett) Fired by Wells Fargo Advisors, LLC f/k/a Wachovia Securities, LLC

From 2008 until David Claggett’s firing in 2012, David Claggett was licensed with Wells Fargo Advisors, LLC. David Claggett is now licensed with Benjamin F. Edwards & Company, Inc. According to FINRA’s records, David Claggett was fired by Wells Fargo Advisors, LLC on February 13, 2012. Wells Fargo Advisors, LLC reported to FINRA that David Claggett was accused of failing to report customer complaints to Wells Fargo Advisors, LLC.

FINRA reports that seven complaints and/or arbitration claims involving David Claggett’s conduct with Wells Fargo Advisors, LLC f/k/a Wachovia Securities, LLC were filed, alleging misrepresentation of Fannie Mae – Freddie Mac preferred stock and/or other investments. These complaints and/or arbitration claims all settled, with the largest settling for $156,412.15.

If you lost any money on Fannie Mae – Freddie Mac preferred stock and/or other investments with David Claggett, you may be able to recover your losses from Wells Fargo Advisors, LLC and/or Benjamin F. Edwards & Company, Inc. This is because Wells Fargo Advisors, LLC and Benjamin F. Edwards & Company, Inc. had a duty to supervise David Claggett.

If you lost money on investments with David Claggett, and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Wells Fargo Advisors, LLC and/or Benjamin F. Edwards & Company, Inc. concerning David Claggett’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $300 million on behalf of victimized investors. If you lost money on investments with David Claggett and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.

 

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