Advisor Alert: Our Attorneys Are Investigating Daniel Gerard Sebastian For Investment Fraud
Did You Lose Money Because of Dan Sebastian?
Filed: February 9, 2024
Daniel Sebastian (also known as Dan Sebastian) has been the subject of one (1) customer complaint and one (1) termination event. 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 Daniel Gerard Sebastian.
Who Is Daniel Gerard Sebastian?
- Advisor Name: Daniel Gerard Sebastian
- Aliases: Dan Gerard Sebastian, Dan Sebastian
- CRD: 4501705
- Location: Palmdale, California
- Current Employer: Currently Not Registered
- Previous Firms: Wells Fargo Clearing Services, LLC, J.P. Morgan Securities LLC, and Chase Investment Services Corp.
- Number of Known Customer Complaints: 1
- Number of Known Termination Events: 1
- Can Daniel Sebastian Be Sued: Yes, in Private Arbitration
- Can Daniel Sebastian’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: Unknown
- Highest Settlement: $35,836
If you have suffered investment losses by Daniel Sebastian, 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 Dan Sebastian For Broker Misconduct
As of this publication date, Daniel Sebastian has been the subject of 1 customer dispute and 1 termination event. Let’s review them below.
In July 2019, a complaint was filed against or in reference to Daniel Sebastian by a customer of Wells Fargo Advisors alleging that instead of diversifying within the same family of mutual funds, Mr. Sebastian made purchases in various fund companies which resulted in excess front-end load fees. On January 8, 2020, Mr. Sebastian settled the claim for $35,836, and some or all of this amount may have been paid by Mr. Sebastian’s employer and/or insurance carrier.
In June 2019, Wells Fargo Clearing Services, LLC terminated Daniel Sebastian after investigation revealed that he recommended the purchase of mutual funds within multiple fund families without disclosing to customers that if the purchases were made within a single fund family the upfront fees incurred by the customer would have been reduced or entirely eliminated.
How To File A Claim Against Dan Sebastian (previously with Wells Fargo Clearing Services, LLC, J.P. Morgan Securities LLC, and Chase Investment Services Corp.) To Get Your Money Back
If you have questions about Daniel Sebastian, Wells Fargo Clearing Services, LLC, J.P. Morgan Securities LLC, Chase Investment Services Corp., 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.