Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker James Roy Paige [CRD: 1726609, Vero Beach, Florida].
James Paige worked in the securities industry for 36 years, spanning four firms. Since October 31, 2008, he has been employed by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors in Vero Beach, Florida. Recent disclosures raise concerns about Paige’s professional conduct, including allegations of unsuitable investment recommendations, unauthorized trading, and other sales practice violations.
On February 6, 2024, a client of Wells Fargo Clearing Services, LLC alleged that in 2021, James Paige made financial recommendations that were unsuitable for their investment knowledge and needs. The claim also accuses Paige of engaging in unauthorized trading. The products in question included debt-asset-backed securities. The client seeks over $11,000,000 in compensatory damages. This arbitration (FINRA Arbitration No. 24-00270) remains pending.
On May 1, 2023, another client of Wells Fargo Clearing Services, LLC filed a FINRA arbitration (FINRA Arbitration No. 23-01182), alleging that Paige failed to diversify their portfolio and made unsuitable investment recommendations without adequately disclosing associated risks. The client sought between $1,000,000 and $2,000,000 in damages. The case settled on August 12, 2024, with Wells Fargo paying $95,000.
Several complaints filed by clients of Wells Fargo Advisors, LLC accused Paige of unauthorized activity. Specifically, a client alleged unauthorized trading involving managed/wrap accounts between December 5, 2019, and December 20, 2022. The matter was closed with no additional action taken by the customer.
Another client alleged unauthorized trading in listed equity stocks between August 17, 2020, and December 20, 2022. This matter was also closed with no further action taken. Evidently, a third client alleged unauthorized activity in managed/wrap accounts during the same December 5, 2019, to December 20, 2022, timeframe. This case was similarly closed without a resolution.
Looking for more information about James Paige? If so, reach out to Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney. With experience representing investors across the U.S., Soreide Law Group works on contingency, covers costs, and helps clients recover losses from sales practice violations when possible. Paige and Wells Fargo Clearing Services, LLC deny accusations of sales practice violations.
Cowen and Company, LLC (CRD 7616), now part of TD Securities (USA) LLC, is a brokerage firm based in New York, New York. FINRA censured and fined the firm a total of $80,000, of which $40,000 is payable to FINRA, according to an AWC issued August 19, 2026.
Webull Financial LLC (CRD 289063) is a brokerage firm based in New York, New York. FINRA censured and fined the firm $115,000 after finding it maintained inaccurate books and records of options order origin codes, according to an AWC issued August 17, 2026.
Marc Miller (CRD 1133692) is a registered representative with Western International Securities. According to BrokerCheck, a customer filed a claim against him on March 3, 2025 that remains pending.
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