FINRA Arbitration Filed Against Wells Fargo Advisors, LLC

Oct. 7, 2011 - PRLog -- The White Law Group announces that it has filed a Financial Industry Regulatory Authority (FINRA) arbitration statement of claim against Wells Fargo Advisors.  The claim seeks to recover losses of over $55,000.

The claim, filed by The White Law Group, was submitted to FINRA Dispute Resolution on behalf of an individual investor from Los Angeles, California for violation of common law fraud, breach of fiduciary duty, negligence, and negligent supervision. The claim further alleges that Wells Fargo Advisors unsuitably invested the individual’s entire account in one investment – a Barclays Bank PLC 6 month reverse convertible note.

FINRA Dispute Resolution is an arbitration venue for investors with claims against their brokerage firm or financial professional.  It provides investors with an opportunity to attempt to recoup their investment losses and is an alternative to filing such claims in court.

For more information on the claim filed by The White Law Group, please contact the firm's Chicago office at 312-238-9650.

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The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm.

For more information on The White Law Group, please visit the firm's website at http://www.whitesecuritieslaw.com