SARAH ELIZABETH JOHNSON FAJARDO is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 2195 E RIVER RD, [SA-RBO], TUCSON, AZ, 85718.
SARAH ELIZABETH JOHNSON FAJARDO has worked at WELLS FARGO CLEARING SERVICES, LLC since January 03, 2011
SARAH ELIZABETH JOHNSON FAJARDO has 2 Disclosure Event(s).
Date: August 09, 2004 Category: Customer Dispute Allegations: CLIENT'S ATTORNEY ALLEGES THAT THE CUSTOMER'S WERE MISLED INTO MAKING UNSUITABLE INVESTMENTS. THE ATTORNEY FURTHER ALLEGES THAT THE CUSTOMER'S WOULD NOT HAVE PURCHASED THE INVESTMENTS HAD THEY BEEN ADEQUATELY ADVISED AND REPRESENTED. DATE OF ALLEGED ACTIVITIES = OCTOBER 2003 - APRIL 2004. Damage Amount Requested: $32,898.61 Broker Comment: CUSTOMER'S ARE SOPHISTICATED INVESTORS WHO DERIVE THEIR INCOME FROM HARD MONEY LOANS. HE IS AN ATTORNEY. AS INTEREST RATES DROPPED, THE RUTHERFORD'S NEEDED TO INVEST IN HIGHER PAYING BONDS TO MEET THEIR INCOME REQUIREMENTS. I RECOMMENDED ONLY INVESTMENT GRADE BONDS AND PREFERRED STOCKS WITH SHORT CALLS OR MATURITIES. THE CUSTOMER'S LIKED THE DIVIDENDS AND PURCHASED MORE SECURITIES (UNSOLICITED) USING THEIR LINE OF CREDIT. AS INTEREST RATES ON THE LINE OF CREDIT INCREASED THE CUSTOMER'S SOLD THE SECURITIES (UNSOLICITED) AND ASKED FOR REIMBURSEMENT FOR THEIR LOSSES. COMPLAINT HAS NO MERIT.
Date: February 12, 2001 Category: Customer Dispute Allegations: SUITABILITY,MISREPRESENTATION Damage Amount Requested: $9,014.06 Broker Comment: THE FACTS OFFER NO INDICATION THAT THE FINANCIAL CONSULTANT SARAH FAJARDO ACTED INAPPROPRIATELY AND ALL NECESSARY INFORMTAION & DISCLOSURES WERE GIVEN TO THE CLIENT. THIS IS A MATTER OF BAD MARKET TIMING AND NOT BAD INVESTMENT ADVISE.
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 SARAH ELIZABETH JOHNSON FAJARDO, click here.
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.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.
How to choose a broker or investment adviser. Learn More