Mikhail Filshtinskiy of Brooklyn New York a stockbroker formerly employed by Wells Fargo Advisors Financial Networks is the subject of a customer initiated investment related arbitration claim in which the customer requested $8,674,063.93 in damages founded on accusations that the customers were victim to a fraudulent scheme involving Filshtinskiy and a hedge fund manager. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-01773 (Aug. 14, 2017).

FINRA Public Disclosure additionally reveals that Filshtinskiy has been suspended from associating with any FINRA member in any capacity based upon allegations that Filshtinskiy failed to comply with FINRA’s inquiry into his activities. Case No. 2015048323901 (July 5, 2016). According to FINRA, Filshtinskiy was asked to provide information to the regulator but failed to do so. Consequently, FINRA issued Filshtinskiy a Suspension from Association letter dated July 5, 2016.

Filshtinskiy was discharged by Wells Fargo Advisors Financial Network because of the firm’s lack of confidence in Filshtinskiy based on his suspicious job-related activities.

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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.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

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