Network 1 Financial Advisor Wesley Clinton Faces Several Customer Complaints Claiming Unsuitable Investment Recommendations

Network 1 Financial Advisor Wesley Clinton Faces Several Customer Complaints Claiming Unsuitable Investment RecommendationsWesley Clinton (CRD#: 4628274) is an actively registered broker based in Seaford, New York. Since 2012, Mr. Clinton has been a representative of Network 1 Financial Securities (CRD#: 13577). Previously, he was employed at Obsidian Financial Group —  a brokerage firm that has since been expelled by FINRA.

While at Network 1 Financial Securities, three investors have filed complaints against Wesley Clinton alleging losses related to unsuitable investment recommendations.

Investor Complaints: Network 1 Broker Wesley Clinton

In 2015, an investor filed a complaint against Wesley Clinton alleging losses caused by unsuitable investment recommendations, breach of contract, and excessive trading (churning). Eventually, this claim was settled for $30,000 in financial compensation.

In 2017, a Network 1 Financial Securities customer filed a complaint against Mr. Clinton alleging violations of the suitability rule (FINRA Rule 2111). The investor is seeking $50,000 in damages. As of February of 2019, this complaint is still listed as ‘pending’.

In 2018, an investor filed a complaint against Mr. Clinton based on alleged losses caused by unsuitable investment recommendations and failure to adequately supervise a broker. This investor is seeking $145,000 in compensation. As of February of 2019, FINRA listed this dispute as ‘pending’.

Get Help From an Unsuitable Investments Lawyer

At Sonn Law Group, our securities fraud attorneys have the skills and experience to handle all types of unsuitable investment claims. If you lost money in unsuitable investments, please do not hesitate to reach out to us for your free case evaluation.

Disclaimer: This article contains opinions and NOT statements of fact in any way whatsoever. The information here is general information that should not be taken as legal advice. NO attorney-client relationship is established between you and our attorneys by reading this article. This article is attorney advertising and should not be used as a substitute for legal advice from a qualified securities lawyer.

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