Stoltmann Law Offices is investigating Jeffrey Grayson, a registered broker with Wells Fargo Advisors in Florham Park, New Jersey. Allegedly, Grayson misrepresented and recommended an unsuitable unit investment trust (UIT), recommended an unsuitable limited partnership investment, breached fiduciary duty, acted negligently, breached contract and made unsuitable recommendations. These securities are not suitable for all investors, and a broker must take into account a customer’s net worth, age, investment objectives and investment sophistication before recommending or selling a security. If he does not, his brokerage firm, Wells Fargo, may be responsible for money losses. Please call us today for your free consultation with one of our attorneys to discuss how we might be able to help you bring a claim against Wells Fargo for Grayson’s transgressions. The call is free, so please call today. There is no obligation.
Grayson was registered with Gibraltar Securities in Florham Park, New Jersey from April 1981 until September 1999, Tucker Anthony Inc. in Boston, Massachusetts from September 1999 until March 2002, RBC Dain Rauscher in New York, New York from March 2002 until October 2002, JB Hannauer in Parsippany, New Jersey from September 2002 until October 2009 and RBC Capital Markets in Parsippany, New Jersey from October 2009 until April 2011. He is currently registered with Wells Fargo in Florham Park and has been since April 2011. He has five customer disputes against him, one of which is currently pending.