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Did You Lose Money Because of Jordan Samelson?

Filed: February 9, 2024

Jordan Samelson has been the subject of five (5) 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 Jordan David Samelson.

Who Is Jordan David Samelson of Wells Fargo Clearing Services, LLC?

  • Advisor Name: Jordan David Samelson
  • Aliases: Jordan Samelson
  • CRD: 2984356
  • Location: New York, New York
  • Current Employer: Wells Fargo Clearing Services, LLC
  • Previous Firms: Morgan Stanley and Morgan Stanley & Co. Incorporated
  • Number of Known Customer Complaints: 5
  • Can Jordan Samelson Be Sued: Yes, in Private Arbitration
  • Can Jordan Samelson’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $75,000
  • Highest Settlement: $200,000

If you have suffered investment losses by Jordan Samelson, 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 Jordan Samelson For Broker Misconduct

As of this publication date, Jordan Samelson has been the subject of 5 customer disputes. Let’s review them below.

In March 2020, a FINRA arbitration was filed against or in reference to Jordan Samelson by a customer of Wells Fargo Clearing Services, LLC alleging that on or about December 2019, unauthorized trades were placed. On December 15, 2020, Mr. Samelson settled the claim for $200,000, and some or all of this amount may have been paid by Mr. Samelson’s employer and/or insurance carrier.

In November 2008, a complaint was filed against or in reference to Jordan Samelson by a customer of Banc of America Investment Services, Inc. alleging that in October of 2008, Mr. Samelson misrepresented the terms of a variable annuity and improperly handled investments in mutual funds, allegedly causing damages. Per the customer, he/she lost over $75,000 because of Mr. Samelson’s actions.

In June 2008, a complaint was filed against or in reference to Jordan Samelson by a customer of Banc of America Investment Services, Inc. alleging that Mr. Samelson misappropriated income distributions during the time period of September 2007 to December 2007.

In January 2006, a complaint was filed against or in reference to Jordan Samelson by a customer of Banc of America Investment Services, Inc. alleging that Mr. Samelson made representations that three new mutual funds (purchased in August and September 2005) would pay 9% dividends of which one has not paid any dividends. The client further alleges that the representative misrepresented the speculative nature of his investments.

In April 2005, a complaint was filed against or in reference to Jordan Samelson by a customer of Quick & Reilly, Inc. alleging that the purchase of a closed end fund in June of 2004 was not suitable.

How To File A Claim Against Jordan Samelson of Wells Fargo Clearing Services, LLC (previously with Morgan Stanley and Morgan Stanley  & Co. Incorporated) To Get Your Money Back

If you have questions about Jordan Samelson, Wells Fargo Clearing Services, LLC, Morgan Stanley, Morgan Stanley  & Co. 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.

Author Photo

Chetan Patil

Chetan Patil is the founder and Managing Partner of the Patil Law. He brings over 15 years of extensive experience in diverse complex disputes and transactions, across the country. Mr. Patil specializes in litigations, trials, arbitrations, and appeals of complex securities, FINRA, financial and business disputes, with an emphasis in securities, financial services, and financial regulatory law.
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