Losses in Structured CDs with Steven Hill of Wells Fargo

 ATWATER, CALIFORNIA

 Did you lose money with stockbroker Steven Hill in Atwater, California? Israels & Neuman is looking into claims made against Steven Hill, with Wells Fargo.  FINRA’s BrokerCheck shows that Hill has been the subject of nine customer complaints, two of which have been made in 2023.

The two complaints made in 2023 raise allegations about sales of structured CDs and UITs (or Unit Investment Trusts), respectively.  The customer who made allegations about structured CDs alleges about $150,000 in losses from these CDs.

Mr. Hill has been with Wells Fargo in an Atwater, California office since 2011.  Additionally, he was discharged by another firm in 2008, and he was also the subject of two tax liens.

Financial advisors must make suitable investment recommendations for the customer considering their age, risk tolerance, investment objectives, and other factors.  Failures to abide by FINRA’s suitability rules can subject the broker and his/her firm to liability for losses.

Our law firm has previously sued Wells Fargo, and we have previously represented investors in California.

View Hill, S. BrokerCheck 7.30.23

If you lost money with Steven Hill or Wells Fargo, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.