Did You Lose Money Because of David Wells?
Filed: March 12, 2024
David Wells currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on David Allen Wells.
Who Is David Allen Wells of B.B. Graham & Company, Inc.?
- Advisor Name: David Allen Wells
- Aliases: David Wells
- CRD: 1006555
- Location: Orange, California
- Current Employer: B.B. Graham & Company, Inc.
- Previous Firms: Kingswood Capital Partners, LLC, Accelerated Capital Group, and Newport Coast Securities, Inc.
- Number of Known Customer Complaints: 2
- Can David Wells Be Sued: Yes, in Private Arbitration
- Can David Wells’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $215,000
- Highest Settlement: $70,000
If you have suffered investment losses by David Wells, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against David Wells For Broker Misconduct
As of this publication date, David Wells has been the subject of 2 customer disputes. Let’s review them below.
In February 2023, a FINRA arbitration was filed against or in reference to David Wells by a customer of B.B. Graham & Company, Inc. alleging that a product is not appropriate. Per the customer, he/she lost over $215,000 because of Mr. Wells’s actions. As of this publication date, this claim remains pending.
In July 1993, a NASD arbitration was filed against or in reference to David Wells by a customer of Olde Discount Inc. alleging various securities violations, breach of fiduciary duty, and alleged fraud damages. Per the customer, he/she lost over $200,000 because of Mr. Wells’s actions. On October 14, 1994, Mr. Wells settled the claim for $70,000, and some or all of this amount may have been paid by Mr. Wells’s employer and/or insurance carrier.
How To File A Claim Against David Wells of B.B. Graham & Company, Inc. (previously with Kingswood Capital Partners, LLC, Accelerated Capital Group, and Newport Coast Securities, Inc.) To Get Your Money Back
If you have questions about David Wells, B.B. Graham & Company, Inc., Kingswood Capital Partners, LLC, Accelerated Capital Group, Newport Coast Securities, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.
