Advisor Alert: Our Attorneys Are Investigating Douglas Yale Frank For Investment Fraud
Did You Lose Money Because of Douglas Frank?
Filed: February 27, 2024
Douglas Frank 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 Douglas Yale Frank.
Who Is Douglas Yale Frank of Wells Fargo Advisors Financial Network, LLC?
- Advisor Name: Douglas Yale Frank
- Aliases: Douglas Y Frank, Douglas Frank
- CRD: 723283
- Location: Westlake Village, California
- Current Employer: Wells Fargo Advisors Financial Network, LLC
- Previous Firms: Merrill Lynch, Pierce, Fenner & Smith Incorporated and Banc of America Investment Services, Inc.
- Number of Known Customer Complaints: 2
- Can Douglas Frank Be Sued: Yes, in Private Arbitration
- Can Douglas Frank’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $75,557
- Highest Settlement: Unknown
If you have suffered investment losses by Douglas Frank, 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 Douglas Frank For Broker Misconduct
As of this publication date, Douglas Frank has been the subject of 2 customer disputes. Let’s review them below.
In August 2023, a FINRA arbitration was filed against or in reference to Douglas Frank by a customer of Merrill Lynch, Pierce, Fenner & Smith Incorporated alleging misrepresentation in connection with the sale of securities in March 2023. As of this publication date, this claim remains pending.
In June 2002, a complaint was filed against or in reference to Douglas Frank by a customer of Banc of America Investment Services, Inc. alleging that the client was solicited for mutual funds and Mr. Frank misrepresented risks associated with them. Per the customer, he lost over $75,557 because of Mr. Frank’s actions.
How To File A Claim Against Douglas Frank of Wells Fargo Advisors Financial Network, LLC (previously with Merrill Lynch, Pierce, Fenner & Smith Incorporated and Banc of America Investment Services, Inc.) To Get Your Money Back
If you have questions about Douglas Frank, Wells Fargo Advisors Financial Network, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Banc of America Investment Services, 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.