On November 2, 2021, JAMES ALAN SEIJAS (JAMES A SEIJAS) CRD#: 2392901, was barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm. Seijas was registered from November of 2013 until March of 2019 with WELLS FARGO CLEARING SERVICES, LLC of Short Hills, New Jersey.
According to the FINRA report, without admitting or denying FINRA’s findings, JAMES A SEIJAS consented to the sanction and to the entry of findings that he refused to appear for on-the-record testimony requested by FINRA in connection with its investigation concerning the Form U5 amendment filed by his former member firm.
FINRA’s findings stated that the firm filed the amendment to Seijas’ Form U5 disclosing for the first time that he had been named as a defendant in a lawsuit alleging that he had misrepresented investments as part of a Ponzi scheme.
In an article from Financial Advisor IQ, it states that JAMES A SEIJAS voluntarily resigned from Wells Fargo in March of 2019 and has not registered with another firm.
According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JAMES ALAN SEIJAS has been in the securities industry for 21 years and was listed with 7 firms. Seijas has 3 disclosures on his FINRA CRD report, 2 are “Customer Disputes” both pending.
In May of 2020, there was a dispute filed against JAMES A SEIJAS alleging, “Claimant alleges that in or about January 2019, FA recommended investments in a fraudulent hedge fund.”
In March of 2020, a customer dispute was filed against Seijas alleging, “Plaintiff alleges that from August 2017 to December 2019, FA misrepresented investments as part of a Ponzi scheme.”
If you have suffered investment losses due to the actions or recommendations of former WELLS FARGO CLEARING SERVICES, LLC of Short Hills, New Jersey, broker/financial advisor, JAMES A SEIJAS, contact Soreide Law Group and speak to an experienced securities lawyer at no cost regarding the possible recovery of your financial losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group works on a contingency fee basis, no fee to you if no recovery, and represents clients nationwide before FINRA.
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