Investors apparently complained about securities broker Joel Dale Farnsworth [CRD: 1980052, Henderson, Nevada], given the publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Joel Farnsworth worked for Wedbush Securities Inc. from January 2, 2009, to March 11, 2026. See below to find out more about the disclosures involving this securities broker.
Wedbush Securities Investor Accused Farnsworth Of Negligence And Breach Of Fiduciary Duty
Notably, a Wedbush Securities Inc. client filed FINRA Arbitration No. 23-02027 about Joel Farnsworth. Primarily, the client alleged that Farnsworth breached his fiduciary duty and was negligent. For this reason, the client allegedly experienced damages tied to government bonds. Consequently, on May 17, 2024, Wedbush Securities Inc. settled this matter by paying the client $742,500. Farnsworth reportedly contributed $10,000 toward the settlement.
Joel Farnsworth Disclosed Sales Practice Violation Allegations By Wedbush Securities Inc. Client
Also, a client of Wedbush Securities Inc. contested Joel Farnsworth’s sales practices, according to a complaint. Allegedly, Farnsworth received a benefit from the execution of a Transfer on Death form. Therefore, Wedbush Securities Inc. agreed to settle the matter on April 29, 2020, by compensating the client in the amount of $26,000. Farnsworth did not contribute to the settlement payment.
Did You Sustain Losses Because Of Securities Broker / Financial Advisor Farnsworth?
Are you worried about investments you made through Joel Farnsworth? You should contact Soreide Law Group at (888) 760-6552 or online and speak to a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the country. Also, our securities lawyers handle cases on a contingency fee basis and advance all costs. Farnsworth and brokerage firms Farnsworth worked for deny allegations of sales practice violations.
