WEST PALM BEACH, Fla., Oct. 16, 2014 (GLOBE NEWSWIRE) -- Nationally recognized securities arbitration law firm Dimond Kaplan & Rothstein, P.A. (http://www.dkrpa.com) announced today that it is pursuing FINRA arbitration claims against Wells Fargo Advisors, LLC on behalf of clients who did business with brokers Nancy Eckler and Kevin Wolf, who worked out of Wells Fargo's Naples, Florida branch office. Wells Fargo Advisors is the securities brokerage division of Wells Fargo bank (NYSE:WFC). The claims involve Eckler's and Wolf's alleged unsuitable recommendations that investors purchase speculative stock options and Wells Fargo Advisor's failure to adequately supervise Eckler and Wolf.
"Brokers are not permitted to recommend securities that are unsuitably risky for the investor, and industry and internal rules require brokerage firms to supervise their brokers to make sure that brokers do not abuse clients. We believe that the brokers here abused the trust of their clients and that Wells Fargo Advisors failed in its supervisory function," said Dimond Kaplan & Rothstein, P.A. attorney Jared Levy.
The sole purpose of this press release is to investigate, on behalf of our clients, the sales practices of brokers Nancy Eckler and Kevin Wolf and Wells Fargo Advisor's supervision over these brokers. Current and former Wells Fargo Advisors customers of Nancy Eckler and Kevin Wolf are encouraged to contact Dimond Kaplan & Rothstein, P.A. attorney Jared A. Levy for a free case evaluation at jlevy@dkrpa.com or (561) 671-1920. You also may visit Dimond Kaplan & Rothstein, P.A. on the web at www.dkrpa.com.