What Did Your Brokerage Firm or Investment Adviser Do Wrong With GWG
Published On: July 27, 2015

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.

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