Wells Fargo Clearing Services, LLC Broker Jordan Samelson Unsuitable Investment Recommendations

Wells Fargo

Did you lose money investing with Wells Fargo Clearing Services, LLC broker Jordan Samelson (CRD# 2984356)? He has been registered with Wells Fargo Clearing Services, LLC in New York, New York, since 2016.

Jordan Samelson Customer Complaints

He has been the subject of six customer complaints between 2005 and 2024, four of which were denied, according to his CRD report:

April 2024. “Claimant alleges in 2018 an unsuitable recommendation was made that resulted in alleged losses.” The case is currently pending. The complaint was regarding variable annuity investment losses.

March 2020. “Claimant alleges that on or about December 2019, unauthorized trades were placed. 04/01/2020 DRP Jordan Samelson (CRD 2984356): Claimant alleges that on or about December 2019, unauthorized trades were placed.” The case was settled for $200,000.

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Wells Fargo Clearing Services, LLC may be liable for investment or other losses suffered by Jordan Samelson’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.

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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.