What Did Your Brokerage Firm or Investment Adviser Do Wrong With GWG
Published On: July 15, 2016

Did you or someone you know lose money with Jaime Jassid Menahern, a former broker with Wells Fargo Advisors? If so, please call our law offices in Chicago to speak to an attorney about your options of suing the firm. Because of their inability to reasonably supervise Menahern, Wells Fargo may be responsible for investment losses. The call to us is free with no obligation. We sue firms such as Wells Fargo in the Financial Industry Regulatory Authority (FINRA) arbitration forum for investors on a contingency fee basis, which means we do not get paid unless you recover money.

Menahern recently entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) after allegedly falsely representing on a wire transfer request form and to a firm investigator that he had personally confirmed a wire request with a customer over the telephone, which is in violation of FINRA rules. This caused Wells Fargo to maintain inaccurate books and records. For this, Jaime Menahern was suspended from the industry for 30 calendar days and fined $5,000.

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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.

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