Ft. Lauderdale, Fl., January 23, 2018 – A widow who filed claim against Wells Fargo [NYSE: WFC], has been awarded compensatory damages, interest, attorney’s fees, and filing fee reimbursement by a FINRA Arbitrator.
The claim was filed with FINRA by the Mark A. Tepper law firm, which represented the widow’s fight for recovery of losses that she suffered.
The claims relate to the broker’s unsuitable recommendations in oil and gas securities including LINN Energy, LLC, [OTC: LNGG], BreitBurn Energy Partners, LP, [OTC: BBEPQ] and Sandridge Energy, Inc.;[NYSE:SD] real estate Investment trusts (“REITS) including Armour Residential REIT, Inc. and Resource Capital Corp., common and preferred shares; and junk bonds including Swift Energy Co. and Erickson, Inc.
Five companies recommended in the stockbroker’s high-risk strategy declared bankruptcy, the Claim had contended.
Among the allegations, was that Wells Fargo Advisors failed to supervise its broker, Jefferey M. Grayson, CRD # 728985.
Investors who recovered losses in recent months after Brokers recommended Linn or BreitBurn have praised the Mark Tepper Law firm for its work in representing their claims. The law firm is continuing its investigation of alleged claims against brokerage firms for recommending LINN Energy LLC, LinnCo LLC, and/or BreitBurn Energy Partners LP. For a free case evaluation from the Mark A. Tepper law firm, email attorney Mark Tepper at askmark@marktepper.com or call 954-961-0096.
About Mark A. Tepper, P.A. (www.MarkTepper.com)
Attorney Mark A. Tepper is the former Chief Trial Counsel at the New York Attorney General’s Bureau of Investor Protection and Securities. He has earned the reputation of “Investor Advocate” while practicing law for over 35 years representing individual investors. FINRA arbitrators have upheld stockbroker fraud claims filed by Mr. Tepper against many brokerage firms. A member of the Florida, New York and California Bars, Mr. Tepper is peer-reviewed for 17 consecutive years as AV PREEMINENT® for ethical standards and legal ability. It’s the highest rating of lawyers in the Martindale-Hubbell Law Directory.
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