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Broker Charles Lynch: Eleven Pending Complaints with FINRA

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

Charles Lynch has spent 16 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 eleven pending customer complaints.

  • In January 2016 a customer alleged Charles Lynch, while employed at Wells Fargo Advisors, recommended unsuitable Halcon, Magnum Hunter, and other energy sector investments. The customer is seeking $317,656 in damages in the pending complaint.
  • In January 2016 a customer filed a complaint against Charles Lynch, while he was employed at Wells Fargo Advisors, alleging “funds were not supposed to be invested aggressively.” The customer is seeking unspecified damages in the pending complaint.
  • In January 2016 a customer alleged Charles Lynch, while employed at Wells Fargo Advisors, made unsuitable recommendations. The customer is seeking $200,000 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 she was “not happy with the energy heavy stocks she has been invested in.” The customer is seeking unspecified damages in the pending complaint.
  • Also in November 2015, a customer alleged Charles Lynch, while employed at Wells Fargo Advisors, made unsuitable investment recommendations. The customer is seeking $279,425 in damages in the pending complaint.
  • Additionally 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 Lynch, while employed at Wells Fargo Advisors, recommended unsuitable high risk small cap energy stocks. 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, made an unsuitable recommendation in connection to energy stocks. The customer is seeking unspecified damages in the pending complaint.
  • In 2014 a customer alleged Charles Lynch, while employed at Wells Fargo Advisors, made unsuitable investment recommendations . 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 have complaints regarding Charles Lynch, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.