Marvin Egorin of Los Angeles California a stockbroker formerly registered with Wells Fargo Clearing Services LLC has been terminated by the firm on January 18, 2018 during the time that Egorin was subject of an internal investigation into allegation that Egorin deliberately permitted liquidations and trades to be placed in a customer’s account after the customer died.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Egorin is also the subject of a customer initiated investment related complaint where the customer sought $160,000.00 in damages based upon accusations that while Egorin was associated with A.G. Edwards & Sons, Inc., an unsuitable investment had been executed in the customer’s account; and the customer’s investment account had been handled in a negligent manner.
Egorin became employed by Wedbush Securities Inc. on January 18, 2019; however, his registration was terminated by March 6, 2019.
