INVESTORS: Former lawyer for Wendy Williams, LaShawn Thomas, claimed that Williams’ former financial advisor at Wells Fargo Advisors refused to grant Williams access to her own accounts.
LaShawn Thomas, who previously represented Williams, alleged that former Wells Fargo financial advisor Lori Schiller refused to grant Willaims access to her own accounts, including the right to check her account balance.
“No bank should have the authority to do that. No one attempted to gain access to any of Wendy’s accounts. The Wells Fargo adviser and [former manager Bernie Young] were the only people with access. … They left Wendy to die,” said Thomas in a statement to Page Six.
As a result of Schiller’s actions, Williams was forced to use her American Express cards for all of her living expenses, including flights to and from New York, among other costs. Later, a report surfaced claiming that Williams’ son, Kevin Hunter Jr., charged $100,000 to his mother’s credit card without authorization and “demanded” that Schiller pay the balance. This report was published by an anonymous source. Hunter denied the allegations and stated that it was a false narrative being used to freeze his mother’s accounts.
Wells Fargo claimed that Williams suffered from exploitation, dementia, or undue influence, causing Williams’ accounts to be frozen and placed under the control of a financial guardian.
If you have any information about Wells Fargo Advisors or Lori Schiller that you would like to share or discuss, please call our firm for a confidential consultation. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.