Advisor Alert: Our Attorneys Are Investigating Adam Carl Elgert For Investment Fraud
Did You Lose Money Because of Adam Elgert?
Filed: February 9, 2024
Adam Elgert 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 Adam Carl Elgert.
Who Is Adam Carl Elgert of Wells Fargo Clearing Services, LLC?
- Advisor Name: Adam Carl Elgert
- Aliases: Adam Carl Elgert
- CRD: 4488125
- Location: New Canaan, Connecticut
- Current Employer: Wells Fargo Clearing Services, LLC
- Previous Firms: BNY Investment Center Inc.
- Number of Known Customer Complaints: 2
- Can Adam Elgert Be Sued: Yes, in Private Arbitration
- Can Adam Elgert’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $7,586.32
- Highest Settlement: Unknown
If you have suffered investment losses by Adam Elgert, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud 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 Adam Elgert For Broker Misconduct
As of this publication date, Adam Elgert has been the subject of 2 customer disputes. Let’s review them below.
In July 2019, a complaint was filed against or in reference to Adam Elgert by a customer of Wells Fargo Advisors alleging that Mr. Elgert did not explain certain terms of an investment in a limited partnership.
In September 2007, a complaint was filed against or in reference to Adam Elgert by multiple customers of Wachovia Securities, LLC alleging that a New York client purchased 21,240.209 Class C shares of the Oppenheimer senior floating rate fund at a price of 9.50 for a net cost of $201,789.49 on trade date July 5, 2007 for her joint account through Mr. Elgert. The client claimed that she and her husband live on disability, social security and interest on their cds and money market accounts. The client further claimed that she and her husband would never make investments that were not safe-insured-guaranteed and secure. The client verbally complained about their investment in the fund on July 16, 2007. Per the customer, she lost over $7,586.32 because of Mr. Elgert’s actions.
How To File A Claim Against Adam Elgert of Wells Fargo Clearing Services, LLC (previously with BNY Investment Center Inc.) To Get Your Money Back
If you have questions about Adam Elgert, Wells Fargo Clearing Services, LLC, BNY Investment Center 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.