Scott BurnsPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 16, 2016 indicate that California-based Wells Fargo Advisors broker/adviser Scott Burns has been the subject of customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Burns (CRD# 1250804).

Scott Burns has spent 26 years in the securities industry and has been registered with Wells Fargo Advisors in Beverly Hills, California since 2010. Previous registrations include Morgan Stanley Smith Barney in Beverly Hills, California; Morgan Stanley & Company in Beverly Hills, California; Morgan Stanley DW in Beverly Hills, California; Bear Stearns & Company in Los Angeles, California; Prudential Securities in New York, New York; PaineWebber in Weehawken, New Jersey; ML Stern & Company in Beverly Hills, California; the Taggart Company; Silverman Ungar; Direct Capital Corporation; Oak Creek Securities; and Caribou Pacific Securities. He is a registered broker and investment adviser with four US states: California, Kentucky, Nevada, and New York.

According to his BrokerCheck report, Scott Burns has received two customer complaints and resigned from his position at Bear Stearns.

In 2013, a customer alleged that Scott Burns, while employed at Wells Fargo Advisors, executed excessive trades and charged excessive commissions. The complaint settled for $54,000.

In 2013, a customer alleged that Scott Burns, while employed at Wells Fargo Advisors, engaged in high activity and unnecessarily risky trading. The complaint settled for $17,000.

In 2007, Scott Burns voluntarily resigned from his position at Bear Stearns after “the firm questioned the level of trading in certain accounts serviced by him.”

If you or someone you know has lost money investing with Scott Burns, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.