REGAN ALLEN ROHL is currently employed as a Broker and/or Investment Adviser at WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC located at 4950 13TH AVE S, STE 20, FARGO, ND, 58103.
REGAN ALLEN ROHL has worked at WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC since March 10, 2011
Disclosure History
REGAN ALLEN ROHL has 12 Disclosure Event(s).
Date: February 14, 2018 Category: Customer Dispute Allegations: Claimants allege that during an unspecified time period, the FA made unsuitable investments. Damage Amount Requested: $1,228,000.00
Date: December 13, 2017 Category: Customer Dispute Allegations: Claimants allege inter alia, misrepresentations with respect to investments - 2004 to 2011. Damage Amount Requested: $85,000.00
Date: August 29, 2017 Category: Customer Dispute Allegations: MSSB: Claimants allege intrer alia, misrepresentations with respect to investments-2004 to 2011. Wells Fargo: Claimants allege that the FA recommended an unsuitable portfolio over concentrated in energy sector investments and that the FA made unsuitable recommendations to hold these investments after they began to decline in value. Damage Amount Requested: $75,000.00
Date: July 21, 2017 Category: Customer Dispute Allegations: Claimants allege unsuitable investment recommendations were made in their accounts. Damage Amount Requested: $150,000.00
Date: June 19, 2017 Category: Customer Dispute Allegations: Claimants allege that between April 2011 and December 2016, FA made unsuitable investment recommendations to buy and concentrate their portfolio of four accounts into oil and gas sector master limited partnerships and closed end funds. Claimants further allege that their FA recommended that they utilize a line of credit secured by their WFA accounts to effectively refinance existed loans held elsewhere and that they paid "exorbitant" interest over the years on this line of credit. Damage Amount Requested: $1,500,000.00
Date: May 01, 2017 Category: Customer Dispute Allegations: Wells Fargo: Claimants allege that during an unspecified time frame, the FA misrepresented the risks associated with concentrated investments in energy investments.MSSB: Claimants allege inter alia, misrepresentations with respect to investments- 2004 to 2011; Damage Amount Requested: $85,000.00 Broker Comment: MSSB is no longer a named party with this arbitration. A new case has been filed against MSSB- 17-03250
Date: March 30, 2017 Category: Customer Dispute Allegations: Claimants allege unsuitable master limited partnership and master limited partnership fund transactions were executed in their accounts between 2011 and 2015. Claimants also allege that they do not recall ever granting discretion to their FA even though their accounts were moved from a non-discretionary program into a discretionary trading program in January 2014. Damage Amount Requested: $250,000.00
Date: June 27, 2011 Category: Customer Dispute Allegations: CLIENT ALLAGES MISREPRESENTATION WITH RESPECT TO PURCHASE OF VARIABLE LIFE INSURANCE ON 6/19/2000.
Date: August 06, 2002 Category: Customer Dispute Allegations: THE CLIENT'S SON ALLEGED UNSUITABILITY AND FAILURE TO FOLLOW INSTRUCTIONS. 2000 - 2002. ALLEGED DAMAGES UNSPECIFIED. Broker Comment: CLAIM DENIED."DRP FILED SIGNATURE DEFICIENT".
Date: January 22, 2001 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT MR. ROHL MISREPRESENTED THE RISKS ASSOCIATED WITH HER INVESTMENT IN LOEWEN GROUP INTERNATIONAL INC. CORPORATE BONDS WHICH SHE NOW CLAIMS WAS UNSUITABLE. Damage Amount Requested: $10,000.00 Settlement Amount: $5,000.00
Date: December 26, 2000 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT MR. ROHL'S RECOMMENDATION TO INVEST IN LOEWEN GROUP INTERNATIONAL INC. CORPORATE BONDS WAS UNSUITABLE AND RESULTED IN A LOSS FOR THE CLIENT. Damage Amount Requested: $40,733.00 Broker Comment: THIS MATTER ARISES OUT OF TRANSACTIONS UNDERTAKEN AT A PRIOR OR PREVIOUS FIRM. WELLS FARGO ADVISORS HAS NO RECORDS OR INFORMATION RELATING TO THE ISSUES REPRESENTED IN THIS REPORT. THE MATTER IS CONSIDERED CLOSED.
Date: May 13, 1999 Category: Customer Dispute Allegations: DURING MR. ROHL'S EMPLOYMENT WITH DAINRAUSCHER, CLIENTS CONTEND THE IE FAILED TO ADEQUATELY EXPLAINTHE RISKS ASSOCIATED WITH SOME CORPORATE BONDS AND SEEKRECOVERY OF LOSSES (APPROX. $36,000). Damage Amount Requested: $36,000.00 Settlement Amount: $20,000.00 Broker Comment: NOT PROVIDEDDURING APPROXIMATELY THE FIRST WEEK OF NOV 98DAVE CLAUSEN AND I ATTENDED A NEW BROKER DEPT ORIENTATION. ATTHE MEETING WITH THE BOND DEPT. THEY INDICATED THE LOWEN BONDAS A "TABLE POUNDING BUY" AS THE ATTACHED WIRE INDICATED OURFIRM WAS NOT ALONE. WHEN THIS BOND WAS PRESENTED THE RATING WASDISCUSSED AS WELL AS THE SEEMINGLY DEFENSIVE NATURE OF THEBUSINESS CYCLE IN FUNERAL HOMES. SHORTLY THERE AFTER, THE LOWENCOMPANY DISCLOSED SEVERAL NEGATIVE FACTS. THIS PROMPTED ASERIES OF RATING DOWN GRADES AS THE SITUATION DETERIATED IT WASINDICATED THAT LOWEN MAY BE FORCED INTO BANKRUPTCY. AT THISTIME I SUGGESTED THE SALE OF THE BOND WHICH CAUSED THE LOSS.(FOR AN EXPANDED ACCOUNT OF EVENTS SEE MY LETTER TO OURCOMPLIANCE DEPT)
More Information
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for REGAN ALLEN ROHL, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.