Pamela McGee Adams of Irvine, California, a stockbroker formerly registered with Wells Fargo Clearing Services, LLC, is the subject of a customer initiated investment related arbitration claim on September 5, 2017, in which the customer sought $53,510.85 in damages supported by allegations that from February 17, 2016 to April 11, 2017, Adams made unsuitable investment recommendations to the customer. The customer’s investment portfolio was apparently over-concentrated in high-yield, sub-investment grade municipal investments.

Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Adams has been subject of two additional customer initiated investment related disputes pertaining to allegations of Adams’ misconduct during the time he was associated with Wachovia Securities, LLC. In particular, on June 19, 2008, a customer filed an investment related written complaint involving Adams’ conduct, in which the customer sought $225,000.00 in damages supported by allegations that Adams misled the customer and made misrepresentations concerning auction rate securities.

Then, on March 24, 2010, a customer filed an investment related written complaint regarding Adams’ activities, in which the customer sought $40,000.00 in damages supported by allegations that Adams failed to sell the customer’s mutual fund holdings when instructed to do so; Adams instead made mutual fund recommendations that were not appropriate for the customer.

Guiliano Law Firm

Our practice is limited to the representation of investors. We accept representation 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 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

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