Kerry John Mangano of Irvine California a stockbroker formerly registered with Wells Fargo Clearing Services LLC is referenced in a customer initiated investment related written complaint on July 8, 2016 where the customer sought damages estimated to exceed $5,000.00 founded on allegations that Mangano failed to execute the customer’s over-the-counter equities trades according to the customer’s instructions.

Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Mangano has been identified in three additional customer initiated investment related disputes containing accusations of his misconduct while employed with A.G. Edwards & Sons, Inc. and Wells Fargo Advisors, LLC. Specifically, on June 28, 2000, a customer filed an investment related complaint concerning Mangano’s conduct in which the customer requested $28,125.00 in damages supported by allegations that while Mangano was associated with A.G. Edwards & Sons, Inc., unauthorized over-the-counter equities trades were executed in the customer’s account.

Then, Mangano was subject of a customer initiated investment related arbitration claim where the customer was awarded $263,225.00 in damages based upon Mangano and A.G. Edwards & Sons, Inc. being found jointly liable on the customer’s claims of them having negligently transacted in the customer’s account, breached fiduciary duties to the customer, placed transactions in the customer’s account that were not suitable for the customer, and committing fraud in regard to the securities placed in the customer’s portfolio. National Association of Securities Dealers (NASD) Arbitration No. 98-04960 (Aug. 18, 2000).

Moreover, a customer initiated investment related arbitration claim concerning Mangano’s activities was settled for $12,000.00 in damages based upon accusations that while Mangano was associated with Wells Fargo Advisors, LLC, equity trades were effected in the customer’s account on an excessive basis. FINRA Arbitration No. 12-03513 (Mar. 7, 2014).

Mangano, who has been in the securities industry since August 30, 1982 and registered at nine brokerage firms in New York and California, was terminated from Wells Fargo Clearing Services, LLC on July 6, 2018. Mangano has been employed by Stifel, Nicolaus & Company, Incorporated since July 16, 2018.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

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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

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

Stockbroker Fraud. Securities Arbitration and Investment Fraud Lawyers.  
National Practice. Contingent Fee. Confidential Free Consultation. (877) SEC-ATTY

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