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Did You Lose Money Because of Robert McLane?

Filed: March 6, 2024

Robert McLane 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 Robert Joseph McLane.

Who Is Robert Joseph McLane of Wells Fargo Clearing Services, LLC?

  • Advisor Name: Robert Joseph McLane
  • Aliases: Robert McLane
  • CRD: 4007812
  • Location: Oak Brook, Illinois
  • Current Employer: Wells Fargo Clearing Services, LLC
  • Previous Firms: Merrill Lynch, Pierce, Fenner & Smith Incorporated
  • Number of Known Customer Complaints: 2
  • Can Robert McLane Be Sued: Yes, in Private Arbitration
  • Can Robert McLane’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: Unknown
  • Highest Settlement: Unknown

If you have suffered investment losses by Robert McLane, 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 Robert McLane For Broker Misconduct

As of this publication date, Robert McLane has been the subject of 2 customer disputes. Let’s review them below.

In November 2023, a complaint was filed against or in reference to Robert McLane by multiple customers of Wells Fargo Advisors, LLC alleging that collateralizing the investment account with a loan, as recommended by the financial advisor was not in their best interest and restricted the growth potential in the account, resulting in gains failing to meet or exceed the rate of inflation.

In September 2008, a complaint was filed against or in reference to Robert McLane by multiple customers of Merrill Lynch, Pierce, Fenner & Smith Incorporated alleging misrepresentation regarding risk and unsuitable investment recommendation.

How To File A Claim Against Robert McLane of Wells Fargo Clearing Services, LLC (previously with Merrill Lynch, Pierce, Fenner & Smith Incorporated) To Get Your Money Back

If you have questions about Robert McLane, Wells Fargo Clearing Services, LLC, Merrill Lynch, Pierce, Fenner & Smith 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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