Darrell Brian Hesford of Escondido California a stockbroker currently registered with Wells Fargo Clearing Services LLC is referenced in a customer initiated investment related written complaint on April 23, 2018 where the customer requested damages estimated to exceed $5,000.00 supported by allegations that exchange traded funds were placed in the customer’s account without the customer’s consent in an effort to charge the customer fees for advisory services.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Hesford has been identified in two more customer initiated investment related disputes containing accusations of his misconduct while employed with Wells Fargo Advisors. Specifically, on June 4, 2003, a customer filed an investment related complaint regarding Hesford’s activities in which the customer sought $5,134.91 in damages based upon allegations that unsuitable mutual fund transactions had been placed in the customer’s account.
On May 2, 2012, another customer initiated investment related complaint involving Hesford’s conduct was resolved for $66,600.00 in damages founded on accusations that fiduciary duties owed to the customer had been breached, equity transactions were executed in the customer’s account that were not suitable for the customer, misrepresentations had been made to the customer, and activities in the customer’s account failed to be supervised.
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