Rex Securities Law Investment Fraud Attorney Investigates Wells Fargo Clearing Services Broker Peter Waldron

Rex Securities Law Investment Fraud Attorney Investigates Wells Fargo Clearing Services Broker Peter Waldron

Rex Securities Law Investment Fraud Attorney Investigates Wells Fargo Clearing Services Broker Peter Waldron 150 150 Robert Rex, Esq.

Last Updated: January 2025 (Irvine, CA)

Peter Waldron Investigation Summary

Here’s what you need to know about Irvine, CA Stockbroker Peter L. Waldron:

  • Name: Peter Lee Waldron
  • Current Employer: Wells Fargo Clearing Services, LLC
  • Prior Employers:
    • UBS Financial Services Inc. (2011–2022)
    • Morgan Stanley Smith Barney LLC (2009–2011)
    • Merrill Lynch, Pierce, Fenner & Smith Inc. (2005–2009)
  • Function: Stockbroker / Financial Advisor
  • Alias: Peter Waldron
  • Primary Location: Irvine, CA
  • CRD Number: 4230510
  • Can Peter Waldron Be Sued in FINRA Arbitration: Yes
  • Sanctioned by FINRA: No
  • Pending Customer Dispute: Yes, seeks damages exceeding $1 million

If you’ve sustained damages from Mr. Waldron, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.

Did You Lose Money With Peter Waldron as Your Stockbroker?

Peter Waldron is currently involved in a pending customer dispute related to allegations of unsuitable investment recommendations. Details include:

  1. Customer Dispute – Pending
    • Date of Filing: November 14, 2024
    • Allegations: The plaintiff alleges that beginning in April 2022, Mr. Waldron made unsuitable investment recommendations, which led to financial losses.
    • Product Type: Miscellaneous investments
    • FINRA Case Number: 24-02450
    • Damages Sought: Compensatory damages in excess of $1 million

Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)

Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.

FINRA Rule 2111- suitability -Regulation Best Interest

Allegations of Broker Misconduct Against Peter Waldron

Customers and regulatory filings have alleged the following misconduct against Peter Waldron:

  • Unsuitable Investment Recommendations: Claims that Mr. Waldron recommended investments that did not align with the client’s risk tolerance, potentially violating FINRA Rule 2111 (Suitability).
  • Failure to Act in Client’s Best Interests: Allegations suggest Mr. Waldron failed to properly consider the financial objectives of his clients, which may breach FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade).

Recover Your Investment Losses Now With Rex Securities Law

Investigations involving other Wells Fargo brokers

If you have suffered investment losses in an account handled by Peter L. Waldron, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.

With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.

If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.

Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.

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