Public records provided by the Financial Industry Regulatory Authority (FINRA) on June 16, 2016 indicate that former New Jersey-based Wells Fargo Advisors broker/advisor Donald Rasweiler has been the subject of customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Rasweiler (CRD# 1142752).
Donald Rasweiler has spent 29 years in the securities industry and has been registered with Wells Fargo Advisors in Short Hills, New Jersey since 2012. Previous registrations include Morgan Stanley Smith Barney in Short Hills, New Jersey; Morgan Stanley & Company in Short Hills, New Jersey; Bear Stearns & Company in Whippany, New Jersey; AG Edwards & Sons in St. Louis, Missouri; Prudential Securities in New York, New York; Merrill Lynch in New York, New York; Smith Barney in New York, New York; Lehman Brothers in New York, New York; and Merrill Lynch in New York, New York. He is a registered broker and investment adviser with 13 US states and territories: Arizona, California, Connecticut, Delaware, Florida, Georgia, Louisiana, Maine, Maryland, Massachusetts, New Jersey, New York, and Pennsylvania.
According to his BrokerCheck report, Donald Rasweiler has received two customer complaints and filed for bankruptcy.
In 2002, a customer alleged Donald Rasweiler, while employed at Prudential Securities, purchased inappropriate investments and excessively used margin. The complaint settled in 2003 for $13,000.
In 2002, a customer alleged Donald Rasweiler, while employed at Prudential Securities, recommended unsuitable investments, churned the account, and inappropriately used margin. The complaint settled in 2003 for $137,500.
If you or someone you know has complaints regarding Donald Rasweiler, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.