Advisor Alert: Our Attorneys Are Investigating Shannon Marie Powers For Investment Fraud
Did You Lose Money Because of Shannon Powers?
Filed: February 2, 2024
Shannon Powers (also known as Shannon Catuogno and Shannon Powers-Solomon) currently has one (1) pending customer complaint. Overall, she has been the subject of three (3) 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 Shannon Marie Powers.
Who Is Shannon Marie Powers of Innovation Partners LLC and IP Financial Advisory Services LLC?
- Advisor Name: Shannon Marie Powers
- Aliases: Shannon Marie Catuogno, Shannon M. Powers, Shannon M. Powers-Solomon, Shannon Marie Powers-Solomon
- CRD: 2367198
- Location: Ridgefield, Washington
- Current Employer: Innovation Partners LLC and IP Financial Advisory Services LLC
- Previous Firms: Western International Securities, Inc. and Wells Fargo Advisors, LLC
- Number of Known Customer Complaints: 3
- Can Shannon Powers Be Sued: Yes, in Private Arbitration
- Can Shannon Powers’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $210,000
- Highest Settlement: $45,897.67
If you have suffered investment losses by Shannon Powers, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a churning 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 Shannon Powers For Broker Misconduct
As of this publication date, Shannon Powers has been the subject of 3 customer disputes. Let’s review them below.
In August 2023, a FINRA arbitration was filed against or in reference to Shannon Powers by a customer of Western International Securities, Inc. alleging breach of fiduciary duty and negligence for investment that occurred in 2018. Per the customer, he lost over $100,000 because of Ms. Powers’s actions. As of this publication date, this claim remains pending.
In October 2022, a FINRA arbitration was filed against or in reference to Shannon Powers by a customer of Western International Securities, Inc. alleging unsuitable recommendations and misrepresentations. Per the customer, he/she lost over $210,000 because of Ms. Powers’s actions. On October 1, 2023, Ms. Powers settled the claim for $45,897.67, and some or all of this amount may have been paid by Ms. Powers’s employer and/or insurance carrier.
In September 2006, a complaint was filed against or in reference to Shannon Powers by a customer of Wells Fargo Advisors, LLC alleging misrepresentation of annuity purchases in April and May 2005.
How To File A Claim Against Shannon Powers of Innovation Partners LLC and IP Financial Advisory Services LLC (previously with Western International Securities, Inc. and Wells Fargo Advisors, LLC) To Get Your Money Back
If you have questions about Shannon Powers, Innovation Partners LLC, IP Financial Advisory Services LLC, Western International Securities, Inc., Wells Fargo Advisors, LLC, 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.