Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on February 20, 2019 indicate that Pennsylvania-based Wells Fargo Clearing Services broker/adviser Paul Porter has received several customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Porter (CRD# 4327476).
Paul Porter has spent 18 years in the securities industry and has been registered with Wells Fargo Clearing Services in West Chester, Pennsylvania since 2006. He was previously registered with Citigroup Global Markets in West Conshohocken, Pennsylvania (2001-2006). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on April 10, 2001; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 30, 2001; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on January 24, 2001. He is a registered broker and investment adviser with 14 US states and territories: California, Delaware, Florida, Indiana, Maryland, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Vermont, Virginia, and West Virginia. 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 two customer complaints and two customer complaints that were denied.
In January 2019 a customer alleged Paul Porter, while employed at Wells Fargo Advisors, did not follow her request to move investments to cash. The customer sought unspecified damages in the complaint, which was denied.
In March 2018 a customer alleged Paul Porter, while employed at Wells Fargo Advisors, sold stock without her knowledge despite her instructions not to sell it without her consent. The complaint settled for more than $61,700.
In 2012 a customer alleged Paul Porter, while employed at Wells Fargo Advisors, made an unauthorized purchase. The customer sought unspecified damages in the complaint, which was denied.
In 2008 a customer alleged he, while employed at Wachovia Securities, misrepresented material facts, recommended unsuitable investments, acted negligently, breached his fiduciary duty, and committed fraud. The complaint settled in 2010 for $30,000.
If you have lost money investing with Paul Porter, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited by law, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.