Terrence Puricelli, formerly with Wells Fargo, Barred from Securities Industry
Have you lost money with financial advisor Terrence Puricelli from Chesterfield, Missouri? We are looking into allegations made by FINRA (the Financial Industry Regulatory Authority) against Terrence R. Puricelli. FINRA barred Puricelli from the securities industry after he failed to respond to an investigation. Puricelli was being investigated after he was terminated by Wells Fargo for allegations that he used time and price discretion, and concerns related to accuracy of notes on Wells Fargo’s system.
Terrence Puricelli was a registered representative and financial advisor with Wells Fargo from December 2011 to September 2016. He worked out of a branch office in Chesterfield, Missouri. Puricelli has also been the subject of at least three customer complaints.
Broker-dealers like Wells Fargo have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives. Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations. When broker-dealers fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Our firm represents investors throughout the country who are victims of financial advisors’ negligence and fraud in FINRA arbitration. Our firm has offices in Seattle and Denver, and we continue to represent investors throughout the U.S., including in Missouri, such as victims of the Paul Creager Ponzi scheme.
Click to view: Puricelli, Terrence FINRA AWC
Click to view: Puricelli, Terrence BrokerCheck 11.16.18
If you have lost money with Terrence Puricelli and Wells Fargo, and want to hear about ALL legal options, please visit CONTACT ISRAELS & NEUMAN at 720-599-3505.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.