Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 12, 2019 indicate that former North Carolina-based Wells Fargo Clearing Services broker/adviser Stephen Klinger was recently terminated from a former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Klinger (CRD# 1294139).
Stephen Klinger has spent 34 years in the securities industry and was most recently registered with Wells Fargo Clearing Services in Asheville, North Carolina (2002-2019). Previous registrations include Wachovia Securities in Charlotte, North Carolina (1994-2002); Fortis Investors in Oakdale, Minnesota (1994); Merrill Lynch in New York, New York (1988-1994); the Robinson-Humphrey Company (1985-1988); Edward D. Jones & Company (1984-1985); and Shearson Lehman Brothers (1985). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on October 11, 1990; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 14, 1984; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on August 18, 1984. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one pending customer complaint and was discharged from a former employer in connection to alleged rule violations.
In February 2019 he was terminated from his position at Wells Fargo Clearing Services in connection that he failed to report to the firm that he was named in and settled a lawsuit by a customer alleging he deposited the customer’s funds to his account to trade options, resulting in the loss of the customer’s funds.
In March 2019 a customer alleged Stephen Klinger, while employed at Wells Fargo Advisors, assured him he would receive positive returns on an investment. The customer is seeking unspecified damages in the pending complaint.
If you have complaints regarding investments in Stephen Klinger, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.