Wayne Wagner: $60,000 Alternative Investment Complaint Against Ex-LPL Rep
Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on June 18, 2019 indicate that Delaware-based Securities America broker/adviser Wayne Wagner has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Wagner (CRD# 2736605).
Wayne Wagner has spent 23 years in the securities industry and has been registered with Securities America in Wilmington, Delaware since January 2018. Previous registrations include LPL Financial in Wilmington, Delaware (2000-2018) and Ascend Financial Services in St. Paul, Minnesota (1996-2000). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on November 7, 1996; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 19, 1996; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on April 24, 2000; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on April 19, 1996; and Series 24 (General Securities Principal Examination), which he obtained on September 2, 2005. He is a registered broker and investment adviser with 21 US states and territories: California, Colorado, Connecticut, Delaware, Florida, Indiana, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Washington.
According to his BrokerCheck report, he has received one customer complaint and one pending customer complaint.
In April 2019 a customer alleged Wayne Wagner, while employed at LPL Financial, executed unauthorized trades, acted negligently, breached his fiduciary duty, breached contract, misrepresented material facts related to an alternative investment, and violated FINRA conduct rules. The customer is seeking $60,000 in damages in the pending complaint.
In 2009 a customer alleged Wayne Wagner, while employed at LPL Financial, recommended unsuitable investments, breached contract, breached his fiduciary duty, and acted negligently. The complaint settled for $90,000.
In 2000 Wayne Wagner was terminated from his position at Ascend Financial Services in connection to allegations he improperly used company documents by leaving the branch office with client files.
If you have lost money investing with Wayne Wagner, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited by law, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.