{"id":10312,"date":"2021-12-03T16:29:42","date_gmt":"2021-12-03T21:29:42","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=10312"},"modified":"2021-12-03T16:31:40","modified_gmt":"2021-12-03T21:31:40","slug":"securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/","title":{"rendered":"Securities Fraud Attorneys Highlights Stockbroker Elder Financial Abuse"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-8413 size-medium\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/Senior-300x200.jpg\" alt=\"FINRA recently barred four brokers after they were individually found to have engaged in elder financial abuse. All four have been barred indefinitely after separate FINRA disciplinary actions. All four have signed Acceptance, Waiver &amp; Consent (AWC) letters after the hearings to settle the claims. They are no longer working for or affiliated with a FINRA broker dealer, by order of the hearing officers in each case. Misappropriation of Client Funds - David Wells, CRD#: 6774493 This broker has two additional names listed in Brokercheck: David Sheldon Wells David Wells He has been in the industry since 2017 and has worked for two broker dealers: Fifth Third Securities, Inc. (CRD#:628) Of Chicago, IL Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated (CRD#:7691) of Chicago, IL On 06\/03\/2021, Fifth Third Securities allowed Wells to resign after allegations surfaced that he misappropriated client funds from three of his clients.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/Senior.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/Senior-180x120.jpg 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>FINRA recently barred four brokers after they were individually found to have engaged in elder financial abuse. All four have been barred indefinitely after separate FINRA disciplinary actions. All four have signed Acceptance, Waiver &amp; Consent (AWC) letters after the hearings to settle the claims. They are no longer working for or affiliated with a FINRA broker dealer, by order of the hearing officers in each case. <a href=\"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/#more-10312\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FINRA recently barred four brokers after they were individually found to have engaged in elder financial abuse. All four have been barred indefinitely after separate FINRA disciplinary actions. All four have signed Acceptance, Waiver &amp; Consent (AWC) letters after the hearings to settle the claims. They are no longer working for or affiliated with a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[582,580],"tags":[],"class_list":["post-10312","post","type-post","status-publish","format-standard","hentry","category-elder-fraud","category-stockbroker-misconduct"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Securities Fraud Attorneys Highlights Stockbroker Elder Financial Abuse &#8212;<\/title>\n<meta name=\"description\" content=\"FINRA recently barred four brokers after they were individually found to have engaged in elder financial abuse.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Securities Fraud Attorneys Highlights Stockbroker Elder Financial Abuse &#8212;\" \/>\n<meta name=\"twitter:description\" content=\"FINRA recently barred four brokers after they were individually found to have engaged in elder financial abuse.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/Senior-300x200.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Securities Fraud Attorneys Highlights Stockbroker Elder Financial Abuse &#8212;","description":"FINRA recently barred four brokers after they were individually found to have engaged in elder financial abuse.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/","twitter_card":"summary_large_image","twitter_title":"Securities Fraud Attorneys Highlights Stockbroker Elder Financial Abuse &#8212;","twitter_description":"FINRA recently barred four brokers after they were individually found to have engaged in elder financial abuse.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/Senior-300x200.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Securities Fraud Attorneys Highlights Stockbroker Elder Financial Abuse","datePublished":"2021-12-03T21:29:42+00:00","dateModified":"2021-12-03T21:31:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/"},"wordCount":1412,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/Senior-300x200.jpg","articleSection":["Elder Fraud","Stockbroker Misconduct"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/","url":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/","name":"Securities Fraud Attorneys Highlights Stockbroker Elder Financial Abuse &#8212;","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/Senior-300x200.jpg","datePublished":"2021-12-03T21:29:42+00:00","dateModified":"2021-12-03T21:31:40+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"FINRA recently barred four brokers after they were individually found to have engaged in elder financial abuse.","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/#primaryimage","url":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/Senior-300x200.jpg","contentUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2019\/06\/Senior-300x200.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/securities-fraud-attorneys-highlights-stockbroker-elder-financial-abuse\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Securities Fraud Attorneys Highlights Stockbroker Elder Financial Abuse"}]},{"@type":"WebSite","@id":"https:\/\/www.silverlaw.com\/blog\/#website","url":"https:\/\/www.silverlaw.com\/blog\/","name":"Securities Arbitration Lawyers Blog","description":"Published by Securities Arbitration Lawyers \u2014 Silver Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silverlaw.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752","name":"Silver Law Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","caption":"Silver Law Group"}}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/10312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/comments?post=10312"}],"version-history":[{"count":2,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/10312\/revisions"}],"predecessor-version":[{"id":10314,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/10312\/revisions\/10314"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=10312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=10312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=10312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}