Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on May 25, 2018 indicate that Idaho-based Wells Fargo Clearing Services broker/adviser David Logsdon is involved in resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Logsdon (CRD# 4178266).
David Logsdon has spent 18 years in the securities industry and has been registered with Wells Fargo Clearing Services in Hailey and Ketchum, Idaho since 2011. Previous registrations include Wells Fargo Investments in Hailey, Idaho (2001-2011) and Wells Fargo Securities in San Francisco, California (2000-2001). He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 6, 2000; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on May 22, 2000; and Series 7 (General Securities Representative Examination), which he obtained on May 3, 2000. He is a registered broker and investment adviser with 16 US states and territories: Arizona, California, Colorado, Florida, Idaho, Illinois, Maryland, Michigan, Missouri, Nevada, New York, Oregon, Texas, Utah, Washington, and Wyoming.
According to his BrokerCheck report, he has received one regulatory sanction, two customer complaints and one pending customer complaint.
In March 2018 a customer alleged David Logsdon, while employed at Wells Fargo Advisors, failed to sell all the stocks in his portfolio. The customer is seeking unspecified damages in the pending complaint.
In 2010 FINRA sanctioned him following allegations he exercised discretion in customer accounts without written authorization from the customers or his firm’s acceptance of the accounts as discretionary. He was issued a fine of $5,000 and a five-day suspension.
In 2008 a customer alleged David Logsdon, while employed at Wells Fargo Investments, failed to place stop losses on the portfolio, resulting in losses. The complaint settled for more than $69,300.
In 2005 a customer alleged David Logsdon, while employed at Wells Fargo Investments, recommended unsuitable investments. The complaint settled for $900.
If you or someone you know has lost money investing with David Logsdon, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.