Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on February 28, 2019 indicate that Montana-based Wells Fargo Clearing Services broker/adviser John Ross has received several customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Ross (CRD# 4396022).
John Ross has spent 17 years in the securities industry and has been registered with Wells Fargo Clearing Services in Bozeman, Sidney, Glasgow, Livingston, and Dillon, Montana since April 2018. Previous registrations include US Bancorp Investments in Missoula, Montana (2016-2018); UBS Financial Services in Albuquerque, New Mexico (2016); Wells Fargo Advisors in Albuquerque, New Mexico (2011-2016); Wells Fargo Investments in Texarkana, Texas (2009-2011); Morgan Stanley Smith Barney in Lubbock, Texas (2009); Morgan Stanley & Company in Lubbock, Texas (2007-2009); Morgan Stanley DW in Lubbock, Texas (2006-2007); Invest Financial Corporation in Appleton, Wisconsin (2001-2006); and Edward Jones in St. Louis, Missouri (2001). He has passed six securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on April 25, 2002; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 5, 2001; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 31 (Futures Managed Funds Examination), which he obtained on July 31, 2006; Series 7 (General Securities Representative Examination), which he obtained on July 2, 2001; and Series 24 (General Securities Principal Examination), which he obtained on December 6, 2002. He is a registered broker and investment adviser with six US states: Arkansas, Montana, New Mexico, Oklahoma, Texas, and Wyoming. He is registered with five self-regulatory organizations (SROs): FINRA, NYSE American LLC, Nasdaq PHLX LLC, the Nasdaq Stock Market, and the New York Stock Exchange.
According to his BrokerCheck report, he has received three customer complaints and one denied customer complaint.
In December 2018 a customer alleged John Ross, while employed at Wells Fargo Advisors, took instructions to buy investments from an unauthorized individual. The complaint settled in January 2019 for more than $127,200.
In 2016 a customer alleged John Ross, while employed at Wells Fargo Advisors, misrepresented material facts regarding the terms of a variable annuity product sold in October 2015. The complaint settled for more than $2,600.
In 2011 a customer alleged John Ross, while employed at Wells Fargo Advisors, misrepresented material facts related to investments in unit investment trust products. The complaint settled for $7,500.
In 2009 he was discharged from his position at Morgan Stanley following the “review of [a] customer complaint” which alleged he sold investments away from the firm.
If you or someone you know has lost money investing with John Ross, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.