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Andrew Egber, Wells Fargo, Barred by FINRA

Andrew Egber, Wells Fargo, Barred by FINRA featured by top securities fraud attorneys, the White Law Group

FINRA Bars ex-Wells Fargo Advisors Broker Andrew Egber after Allegations of Theft 

According to public records, FINRA, the self-regulator, has reportedly barred financial advisor Andrew Egber (CRD#: 1894585) from working in the securities industry. 

FINRA has reportedly barred Egber, a former Wells Fargo Advisor broker after his alleged refusal to produce requested information and documents.  

Egber was reportedly accused of theft by his former employer, Wells Fargo, according to an article in Investment News this week.  

The firm reportedly initiated an internal review in March regarding the possible theft of client funds. Egber, who currently works at Egber-Lopez Investment Group, accepted FINRA’s findings without admitting or denying them, according to FINRA.

Egber reportedly has one pending customer dispute filed against him, along with other financial matters from previous years. The client issue related to allegations of outside investments made through Egber dates to May 2017, predating his move to Steward Partners.

FINRA BrokerCheck Report – Andrew Egber  

According to this FINRA BrokerCheck report, Andrew Egber was affiliated with the following fir ms during his career, among others: 

B, 01/12/2018 – 05/27/2022, RAYMOND JAMES FINANCIAL SERVICES, INC. (CRD#:6694), BETHESDA, MD
B, 02/27/2009 – 01/19/2018, WELLS FARGO CLEARING SERVICES, LLC (CRD#:19616), ROCKVILLE, MD  

The FINRA BrokerCheck tool is a free online tool that allows investors to research and verify the background and credentials of financial brokers, brokerage firms, and investment advisors registered with FINRA.        

FINRA BrokerCheck provides investors with detailed information about the professional history, qualifications, and regulatory actions of brokers and brokerage firms. You can use the tool to verify if a broker or brokerage firm is registered with FINRA, review their employment history, licensing status, and any regulatory actions or complaints filed against them.     

Filing a Complaint against your Brokerage Firm    

When brokers abuse client accounts and conduct transactions that violate securities laws, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.    

If you have suffered investment losses with Andrew Egber and Wells Fargo Advisors, the securities attorneys at the White Law Group may be able to help you. For a free consultation with a securities attorney, please call (888) 637-5510.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to helping investors in claims in all 50 states against their financial professional or brokerage firm. Since the firm launched in 2010, it has handled over 700 FINRA arbitration cases.   

Our firm represents investors in all types of securities related claims, including claims involving stock fraud, broker misrepresentation, churning, unsuitable investments, selling away, and unauthorized trading, among many others.           

With over 30 years of securities law experience, The White Law Group has the expertise to help investors to recover their securities fraud loss


Tags: , , Last modified: April 29, 2024