Wells Fargo Broker David Jay Homan Guilty Of Misappropriation David Jay Homan (CRD#: 1516973, Bay City, Michigan) is a prior financial advisor of Wells Fargo Advisors, LLC who entered a guilty plea to felony embezzlement. Homan pleaded guilty on November 21, 2018 in a Bay County, Michigan Court, and now faces 15 years behind bars. […]

Wells Fargo’s Francisco Ortiz Suspended For Falsifying Wire Request Francisco Jose Ortiz (CRD #4677135, Miami, Florida), who was a registered representative of Wells Fargo Advisors, LLC between June 5, 2013 and June 16, 2015, was required by the Financial Industry Regulatory Authority (“FINRA”) to pay a $5,000.00 fine and suspend acting as a broker or […]

Félix “Tito” Trinidad, a Puerto Rican boxing legend, is being pursued by creditors while he files a claim against the financial advisor who invested more than $60 million of his money in Puerto Rican government bonds. Felix Trinidad has filed with the Financial Industry Regulatory Authority (FINRA) claiming that his financial advisor, José “Pepe” Ramos, […]

In a June 4, 2013, article from the Navajo-Hopi Observer, it was reported that the Hopi Tribe is suing Wachovia Bank Companies and two of its financial advisors for nearly $190 million in losses and penalties for what the tribe claims is investment fraud. The tribe claims that Wachovia Bank financial advisors, David Boling and […]

Lars K. Soreide of the Soreide Law Group,  recently won an award of $61,040.00, plus statutory interest from July 11, 2008, amounting to approximately $15,000 in interest payments, and, additionally being reimbursed for all forum fees and costs.   This award stems from the sale of Fannie Mae and Freddie Mac preferred securities by former Wells […]