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Charles Frieda Faces Ten Pending Complaints

Charles FriedaAccording to public records provided by the Financial Industry Regulatory Authority (FINRA) on February 16, 2016, California-based Wells Fargo Advisors broker/adviser Charles Frieda is the subject of a dozen settled or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Frieda (CRED# 5502319).

Charles Frieda has spent seven 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) and Citigroup Global Markets in Brea, California (2008-2009). He is a registered broker and investment adviser with ten US states and territories: Arizona, California, Colorado, Delaware, Hawaii, Illinois, Nebraska, North Carolina, Tennessee, and Texas.

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

  • In January 2016 a customer alleged Charles Frieda, while employed by Wells Fargo Advisors, wasn’t supposed to aggressively invest funds. The customer is seeking unspecified damages in the pending complaint.
  • In January 2016 a customer alleged Charles Frieda, while employed by Wells Fargo Advisors, recommended unsuitable investments. The customer is seeking $200,000 in damages in the pending complaint.
  • In November 2015 a customer alleged Charles Frieda, while employed by Wells Fargo Advisors, made unsuitable investments. The customer is seeking unspecified damages in the pending complaint.
  • In November 2015 a customer filed a complaint against Frieda, while employed by Wells Fargo Advisors, alleging she was “not happy with energy stocks she has been invested in given her financial state, and cannot continue to take a loss.” The customer is seeking unspecified damages in the pending complaint.
  • In November 2015 a customer alleged Charles Frieda, while employed by Wells Fargo Advisors, increased her exposure to speculative investments. The customer is seeking unspecified damages in the pending complaint.
  • In October 2015 a customer alleged Charles Frieda, while employed by Wells Fargo Advisors, recommended unsuitable investments in high risk small cap energy stocks. The customer is seeking $122,000 in damages in the pending complaint.
  • In August 2015 a customer alleged Frieda, while employed by Wells Fargo Advisors, recommended investments in energy stocks against their wishes to invest conservatively. The customer is seeking unspecified damages in the pending complaint.
  • In 2014 a customer alleged Charles Frieda, while employed by Wells Fargo Advisors, recommended unsuitable investments. The complaint settled in June 2015 for $334,000.
  • In 2012 a customer alleged Charles Frieda, while employed at Morgan Stanley, recommended unsuitable investments. The complaint settled for more than $14,800.

If you or someone you know has a complaint regarding Charles Frieda, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup losses. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free