Advisor Alert: Our Attorneys Are Investigating Forrest Addington Wester For Investment Fraud
Did You Lose Money Because of Forrest Wester?
Filed: January 30, 2024
Forrest Wester currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) regulatory event, one (1) termination event, and 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 Forrest Addington Wester.
Who Is Forrest Addington Wester?
- Advisor Name: Forrest Addington Wester
- Aliases: Forrest A Wester
- CRD: 2559502
- Location: Midland, Texas
- Current Employer: No Longer Allowed to Practice in the Securities Industry
- Previous Firms: Wells Fargo Clearing Services, LLC and A.G. Edwards & Sons, Inc.
- Number of Known Customer Complaints: 2
- Number of Known Regulatory Events: 1
- Number of Known Termination Events: 1
- Can Forrest Wester Be Sued: Yes, in Private Arbitration
- Can Forrest Wester’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $49,999
- Highest Settlement: Unknown
If you have suffered investment losses by Forrest Wester, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment 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 Forrest Wester For Broker Misconduct
As of this publication date, Forrest Wester has been the subject of 1 regulatory event, 1 termination event, and 2 customer disputes. Let’s review them below.
In November 2023, FINRA initiated a regulatory action against or in reference to Forrest Wester for refusing to produce information and documents requested by FINRA in connection with its investigation into Wester over concerns about potential misappropriation of client funds.
In November 2023, a complaint was filed against or in reference to Forrest Wester by a customer of Wells Fargo Clearing Services, LLC alleging that Mr. Wester stole money from her account. Per the customer, she lost over $49,999 because of Mr. Wester’s actions. As of this publication date, this claim remains pending.
In November 2023, Wells Fargo Clearing Services, LLC terminated Forrest Wester after admitting to transferring customer funds to an account he controlled elsewhere.
In September 2008, a complaint was filed against or in reference to Forrest Wester by a customer of Wachovia Securities LLC alleging unauthorized trades.
How To File A Claim Against Forrest Wester (previously with Wells Fargo Clearing Services, LLC and A.G. Edwards & Sons, Inc.) To Get Your Money Back
If you have questions about Forrest Wester, Wells Fargo Clearing Services, LLC, A.G. Edwards & Sons, 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.