David A. Noyes Investors have come forward with complaints about securities broker Scott Thomas Wolfrum [CRD #: 2187550, Indianapolis, IN]. Wolfrum worked for (1) Huntleigh Securities Corporation from 2018-2019; (2) David Noyes & Company from 2013-2018; and Wells Fargo Advisors from 2011-2013. Here’s more on the investor disputes reported on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Keep in mind, however, that the securities broker denies all allegations against him.
Evidently, on June 8, 2022, a David A. Noyes & Company client filed FINRA Arbitration #: 22-01243 about Scott Wolfrum. Specifically, the client alleged that Wolfrum failed to conduct due diligence. Because of this, the client claims that they sustained damages pertaining to investments in business development companies. Therefore, the client requested $50,000 in compensation from David A. Noyes & Company or Wolfrum. Evidently, this arbitration is pending a resolution.
Also, on December 21, 2021, a David A. Noyes & Company client filed FINRA Arbitration #: 21-03047 about Scott Wolfrum. Specifically, the client alleged that Wolfrum made unsuitable transactions. For this reason, the client purportedly experienced damages relating to investments in alternative investments. Therefore, the client requested $11,000,000 in compensation from David A. Noyes & Company or Wolfrum. Evidently, this arbitration is pending a resolution.
Evidently, a client of David A. Noyes & Company contested Scott Wolfrum's sales practices by filing FINRA Arbitration #: 21-01658 on July 7, 2021. Supposedly, Wolfrum made unsuitable recommendations. Allegedly, the real estate investment trusts transactions involving this securities broker caused the client to sustain damages. Therefore, the client seeks compensatory relief from David A. Noyes & Company or Wolfrum in the amount of $250,000 in this ongoing matter.
Have you experienced damages through any sales practice violations by Scott Wolfrum? If so, get in touch with Soreide Law Group at (888) 760-6552 to speak with a securities lawyer regarding a possible recovery of your investment damages. Notably, Soreide Law Group has successfully recovered money for hundreds of investors in all 50 states. The firm represents clients through a contingency fee arrangement and advances all costs. Wolfrum and brokerage firms Wolfrum associated with deny all allegations against them.
Soreide Law Group is investigating potential investor claims involving Infinity Financial Services after FINRA sanctioned the firm for supervisory failures involving deferred variable annuity exchanges and recommendations. Investors who incurred surrender charges or other losses in connection with variable annuity transactions recommended through Infinity should review the allegations that led to FINRA's disciplinary action against […]
Soreide Law Group is investigating potential investor claims involving losses in NextGenTech Investments LLC, a private fund managed by Sestante Capital LLC that purported to provide investors with economic exposure to shares of private companies, including Anduril Industries. Recent criminal proceedings involving Sestante Capital's manager have raised significant concerns regarding the offering, the representations made […]
Soreide Law Group is investigating potential investor claims involving losses sustained in Special Purpose Acquisition Companies (SPACs), particularly those sold during the 2020-2021 SPAC boom. During that period, hundreds of SPACs raised approximately $145 billion from investors and were promoted as an alternative path for private companies to enter the public markets. However, many companies […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com