Published On: April 20, 2016

Did you lose money with Apostolos Nicholas Papadea, formerly of Wells Fargo Advisors? If so, the attorneys at Stoltmann Law Offices may be able to help you recover your losses in the Financial Industry Regulatory Authority (FINRA) arbitration forum by calling 312-332-4200. The call is free to an attorney and there is no obligation. Please call today as time is of the essence with these cases, that we take on a contingency fee basis only. You may be able to sue his firm, Wells Fargo Advisors, for losses, as they may be responsible for them.

According to his Letter of Acceptance, Waiver and Consent (AWC) with FINRA, Papadea was accused of exercising discretion in a customer’s account without written authorization from the customer. Allegedly, the misconduct took place between September 2015 and October 2015. Papadea effected 27 transactions in two customer accounts. For this, he was fined $5,000 and suspended from associating with any FINRA member firm for 20 business days in all capacities.

Papdea was registered with The Robinson-Humphrey Company in Atlanta, Georgia from June 1969 until November 2001 and Wells Fargo in Columbia, South Carolina from November 2001 until November 2015. He has three customer disputes against him.

Disclaimer

The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.

Chicago Investment Fraud Attorneys Offering Nationwide Representation to Investors

If you have suffered financial losses because of the negligence or fraud of your financial advisor or broker through unsuitable investment recommendations, over-concentration, churning, misrepresenting risks, conversion or selling away, you have legal rights and options to pursue recovery of those losses.

Stoltman Law Securities and Investment Fraud Attorneys