Matthew Nemar; Wells Fargo

The Financial Industry Regulatory Authority (FINRA) has filed charges against former Wells Fargo broker Matthew Nemar. He allegedly published four research reports about a retail furnishing company. He was also seeking employment at the company in 2015 and 2016 when he was conducting the research reports. He did not disclose this to his member firm and this is against securities rules. Nemar then accepted an employment offer from the company in February 2016. The company later rescinded the job offer.

If you suffered losses with Matthew Nemar, you may be able to sue his former firm, Wells Fargo, for losses. The firm had a duty to reasonably supervise him while he was employed there. Because it did not, the firm can be sued in the FINRA arbitration forum on a contingency fee basis. Please call our Chicago-based law firm at 312-332-4200 for a free consultation. There is no obligation.

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