FAIRFIELD, NEW JERSEY
Have you lost money with financial advisor Kenneth Welsh, formerly with Wells Fargo in Fairfield, New Jersey? We are looking into allegations made against Kenneth A. Welsh. Welsh was recently charged with wire fraud by the U.S. Attorney’s Office in New Jersey for stealing money from clients. He is alleged to have taken more than $2.8 million and used the funds for personal use.
Kenneth Welsh was with Wells Fargo from 2012 to July 2021. He has worked at branch offices in Fairfield, New Jersey. Welsh was also the subject of four customer complaints.
Brokerage firms like Wells Fargo have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New Jersey. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Wells Fargo.
View K. Welsh BrokerCheck Report