Andrew Egber Wells Fargo Advisor Barred
Andrew Egber, a former advisor at Wells Fargo, Raymond James, and Steward Partners Investment Solutions, has been permanently barred from the securities industry by FINRA.
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The Theft Allegations Against Andrew Egber
According to reports, a customer alleged that former broker Egber failed to return investment funds, prompting an investigation by the Financial Industry Regulatory Authority (FINRA). Egber’s refusal to cooperate with the investigation ultimately led to his permanent bar from the securities industry.
At the time of his removal by FINRA, Egber had resided in Maryland and had been operating under Steward Partners Investment Solutions, a broker-dealer firm. The allegations of theft and Egber’s subsequent failure to cooperate with the regulatory body’s investigation resulted in the severe disciplinary action of a permanent industry bar.
Investigation and Disciplinary Process
When a customer complaint or allegation of misconduct is filed against a broker or financial professional, FINRA initiates an investigation to gather evidence and determine the validity of the claims. During this process, the accused individual is expected to cooperate fully with the regulatory body’s inquiries.
Failure to cooperate with a FINRA investigation can lead to severe consequences, including the potential for a permanent bar from the securities industry. This disciplinary action effectively prevents the individual from working in any capacity that requires registration with FINRA, such as a broker, investment adviser, or other financial professional roles.
While the specific details of Egber’s case have not been fully disclosed, the allegations of theft and subsequent failure to cooperate with FINRA’s investigation resulted in the ultimate disciplinary action of a permanent industry bar. This case serves as a reminder of the importance of adhering to ethical and regulatory standards in the financial industry and the severe consequences that can arise from misconduct and non-compliance.
Learn more about FINRA Arbitration in Courtney Werning’s breakdown video below:
Protecting Your Financial Future
At Meyer Wilson, we understand the profound impact that financial misconduct can have on individuals and families. Our team of experienced attorneys has a deep understanding of the complexities involved in cases like these and is dedicated to fighting for the rights of investors who have been wronged like those with Andrew Egber.
If you were a client of Andrew Egber or have concerns about your investments with Wells Fargo, it is crucial to take action. Our firm is here to provide you with the guidance and support you need during this challenging time. Having an experienced Maryland investment fraud lawyer review your investments and talk with you about your situation.
Take Action Against Advisors like Andrew Egber Now
- Contact us at 866-938-2021 or visit investorclaims.com to schedule a free, confidential consultation.
- Our knowledgeable legal team will review your case and advise you on the best course of action to protect your interests.
- We believe that every investor deserves fair treatment and transparency.
- We will work tirelessly to ensure that your rights are upheld and that any wrongdoing is addressed appropriately.
Our lawyers are nationwide leaders in investment fraud cases.
Don’t Let Financial Misconduct Go Unchallenged
Take the first step towards seeking justice and protecting your financial future, especially if you were an investor with Andrew Egber. Contact Meyer Wilson today and let us help you navigate this challenging situation. We’ve been fighting for investors since 1999 and will work to get you the best recovery possible for you and your family.
Written By: Courtney Werning, Esq.
Recovering Losses Caused by Investment Misconduct.