Cynthia Day Laroche of Park City Utah a stockbroker currently employed by Wells Fargo Clearing Services LLC is the subject of a customer initiated investment related written complaint which was resolved for $40,000.00 in damages on August 17, 2017 founded on allegations that Laroche churned the customer’s investment portfolio and engaged in manipulative activities with regard to the customer’s equity investments.

This is not the first time that Laroche has been accused of churning an investment account. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Laroche was subject of a customer initiated investment related arbitration claim in which the customer was awarded $30,000.00 in damages based on Laroche being found liable on the customer’s claims of Laroche breaching a fiduciary duty to the customer; placing the customer in unsuitable, speculative equities; and churning the customer’s account. NASD Arbitration No. 92-00458. PaineWebber was also found liable for failing to supervise Laroche’s activities within the customer’s investment account.

Laroche has been registered with Wells Fargo Clearing Services LLC since July 1, 2003.

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Guiliano Law Group, P.C.

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

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