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Broker Charles Lynch Faces Eight Pending Complaints

Charles Lynch The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding California-based Wells Fargo Advisors broker/adviser Charles Lynch (CRD# 3004877).

Charles Lynch has spent sixteen years in the securities industry and has been registered with Wells Fargo Advisors in Irvine, California since 2012. Previous registrations include Morgan Stanley in Brea, California (2009-2012); Citigroup Global Markets in Brea, California (2005-2009); and Morgan Stanley DW in Purchase, New York (1999-2005). He is a registered broker and investment adviser with eleven US states and territories.

According to his BrokerCheck report, Charles Lynch is the subject of two customer complaints and eight pending customer complaints.

In November 2015 a customer filed a complaint against Charles Lynch, while he was employed at Wells Fargo Advisors, alleging she was “not happy with the energy heavy stocks she has been invested in.” The customer is seeking unspecified damages in the pending complaint.

In November 2015 a customer alleged Charles Lynch, while employed at Wells Fargo Advisors,  recommended unsuitable investments. The customer is seeking $279,425 in damages in the pending complaint.

In November 2015 a customer filed a complaint against Charles Lynch, while he was employed at Wells Fargo Advisors, alleging “exposure to speculative energy investments grew to 70% after portfolio moved to firm, and should have been reduced when the market value of securities declined.” The customer is seeking unspecified damages in the pending complaint.

In October 2015 a customer alleged Charles Lynch, while employed at Wells Fargo Advisors, recommended high risk small cap energy stocks “although he is not a high risk investor.” The customer is seeking $122,000 in damages in the pending complaint.

In August 2015 a customer alleged Charles Lynch, while employed at Wells Fargo Advisors, recommended holding energy stocks through a year-long decline “although they wanted their savings conservatively invested.” The customer is seeking unspecified damages in the pending complaint.

In 2014 a customer alleged Charles Lynch, while employed at Wells Fargo Advisors, recommended unsuitable investments. The complaint settled in June 2015 for $334,000.

In 2012 a customer alleged Charles Lynch, while employed at Morgan Stanley, recommended unsuitable investments. The complaint settled for more than $14,800.

If you or someone you know has lost money investing with Charles Lynch, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: Fitapelli Kurta only receives payment if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.