Thomas Davis, formerly of Wells Fargo, Barred from Securities Industry
Have you lost money with financial advisor, Thomas Davis of Hilton Head Island, South Carolina? We are investigating into allegations made against Thomas Davis by FINRA (the Financial Industry Regulatory Authority). FINRA barred him from the securities industry after he failed to respond to an investigation. FINRA was investigation Davis regarding allegations that he converted funds.
Thomas A. Davis was a financial advisor and registered representative of Wells Fargo from November 2012 to July 2016. He worked at a branch office in Hilton Head Island, South Carolina. Davis was terminated by Wells Fargo.
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; Ann Arbor, Michigan; and Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in South Carolina. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Wells Fargo.
Click to view: Davis, Thomas FINRA Order
Click to view: Davis, Thomas BrokerCheck 10.11.18
If you lost money with Thomas Davis or Wells Fargo, please CONTACT US at 720-599-3505 for a free evaluation of your case.
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.