Last Updated: July 2025 – Los Angeles, CA
Here’s what you need to know about Los Angeles, CA, stockbroker Steven Tann:
- Name: Steven Alan Tann
- CRD Number:1589757
- Current Employer: Wells Fargo Advisors / Wells Fargo Clearing Services, LLC
- Function: Stockbroker / Financial Advisor
- Primary Location: Los Angeles, CA
- Prior Employers: P. Morgan Securities LLC, Morgan Stanley Smith Barney, Oppenheimer & Co., E.F. Hutton & Company, Bear Stearns
- Can Steven Tann be sued in FINRA arbitration? Yes
- Sanctioned by FINRA or other regulators? No
- Pending Customer Dispute Seeks Damages of:$1,000,000
If you’ve sustained damages from Mr. Tann, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Steven Tann As Your Stockbroker?
Steven Tann is the subject of a pending FINRA arbitration case (Docket No. 25-00868) filed in April 2025. The customer alleges that Steven Tann recommended unsuitable investments in listed equities while employed at J.P. Morgan Securities LLC between July 2021 and December 2022 and is seeking $1 million in damages. The nature of the allegations raises concerns that the broker failed to assess or honor the client’s risk profile, financial objectives, or investment time horizon.
Allegations of Broker Misconduct Against Steven Tann
Unsuitable Investment Recommendations
These allegations may represent a violation of FINRA Rule 2111 (Suitability Rule), which requires financial professionals to ensure that each investment recommendation is suitable based on a client’s financial status, tax status, investment objectives, and risk tolerance.
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
Recover Your Investment Losses Now With Rex Securities Law
Our Investigations of other J.P. Morgan Brokers
Investigations involving other Wells Fargo brokers
If you have suffered investment losses in an account handled by Steven Tann, 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.