Stoltmann Law Offices is investigating former Wells Fargo broker Joseph DiRago, who entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). DiRago was fined $5,000 and suspended from associating with any FINRA member firm for 15 business days. According to his AWC, DiRago effected transactions while exercising discretion in a customer account without the customer’s prior written authorization and without his firm’s permission. This is a violation of FINRA rules and regulations.
DiRago was associated with Merrill Lynch, Prudential Securities, Investment Professionals, Citigroup Global, and Morgan Stanley in San Antonio, Texas from June 2009 until December 2012. He is currently registered with Wells Fargo Advisors in San Antonio, and has been since December 2012. He has five customer disputes against him. If you lost money with Joseph DiRago, please call our law firm in Chicago at 312-332-4200 to speak with an attorney about your options. His firm, Wells Fargo, may be held liable for not reasonably supervising him. We take cases on a contingency fee basis.
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.