Advisor Alert: Our Attorneys Are Investigating Andrew Matthew Polis For Investment Fraud
Did You Lose Money Because of Andrew Polis?
Filed: February 9, 2024
Andrew Polis currently has one (1) pending customer complaint. Overall, he has been the subject of three (3) 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 Andrew Matthew Polis.
Who Is Andrew Matthew Polis of Wells Fargo Clearing Services, LLC?
- Advisor Name: Andrew Matthew Polis
- Aliases: Andrew Polis
- CRD: 1257552
- Location: Philadelphia, Pennsylvania
- Current Employer: Wells Fargo Clearing Services, LLC
- Previous Firms: Prudential Securities Incorporated and Drexel Burnham Lambert Incorporated
- Number of Known Customer Complaints: 3
- Can Andrew Polis Be Sued: Yes, in Private Arbitration
- Can Andrew Polis’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $85,000
- Highest Settlement: $60,486.72
If you have suffered investment losses by Andrew Polis, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise 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 Andrew Polis For Broker Misconduct
As of this publication date, Andrew Polis has been the subject of 3 customer disputes. Let’s review them below.
In November 2023, a FINRA arbitration was filed against or in reference to Andrew Polis by a customer of Wells Fargo Advisors, LLC alleging that Mr. Polis made unauthorized purchases in the claimant’s account. The customer further complained that Mr. Polis placed him in CDs that were longer term than instructed. Per the customer, he lost over $85,000 because of Mr. Polis’s actions. As of this publication date, this claim remains pending.
In November 2022, a complaint was filed against or in reference to Andrew Polis by a customer of Wells Fargo Clearing Services, LLC alleging that the CDs financial advisor invested in were longer term than he had instructed. On March 15, 2023, Mr. Polis settled the claim for $60,486.72, and some or all of this amount may have been paid by Mr. Polis’s employer and/or insurance carrier.
In January 2002, a complaint was filed against or in reference to Andrew Polis by a customer of Prudential Securities Incorporated alleging that claim of unsuitable investments in AOL and Intel and over concentration.
How To File A Claim Against Andrew Polis of Wells Fargo Clearing Services, LLC (previously with Prudential Securities Incorporated and Drexel Burnham Lambert Incorporated) To Get Your Money Back
If you have questions about Andrew Polis, Wells Fargo Clearing Services, LLC, Prudential Securities Incorporated, Drexel Burnham Lambert Incorporated, 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.