Published On: January 30, 2017

Stoltmann Law Offices is investigating Ane Plate, a former Wells Fargo registered representative out of the firm’s Deltona, Florida office. Plate was recently barred from the securities industry for the alleged and unauthorized sale of securities from elderly clients’ investment accounts, according to a settlement order with the Securities and Exchange Commission (SEC). Plate was also sentenced to 27 months in federal prison earlier this month. She allegedly used the money from 15 unauthorized trades to pay her mortgage. These are all against securities rules and regulations. If you invested money with Ane Plate, please call our Chicago-based securities law firm at 312-332-4200 to speak to one of our attorneys. We may be able to help you recover your losses on a contingency fee basis by bringing a claim against her former firm, Wells Fargo, in the Financial Industry Regulatory Authority (FINRA) arbitration forum.

Plate was registered with Morgan Stanley in Purchase, New York from March 1999 until July 2001, Prudential Securities in New York, New York from July 2001 until July 2003, Wachovia Securities in St. Louis, Missouri from July 2003 until May 2005 and Wells Fargo in Orlando, Florida from May 2005 until June 2014. She has one customer dispute against her and one criminal final disposition. She has been permanently barred from the industry.

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