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Securities
Expungement

Shawn Michael Richardson v. Prudential Equity Group LLC, Wells Fargo Clearing Services LLC

Published: Mar. 1, 2019 | Result Date: Dec. 28, 2018 | Filing Date: Feb. 13, 2018 |

Case number: FINRA: 18-00578 Arbitration –  Expungement

Arbitrator

Peter H. Daly


Attorneys

Claimant

Michael J. Bessette
(HLBS Law)


Respondent

Geoffrey S. Beckham
(Wells Fargo Advisors LLC) for Wells Fargo

Alan S. Brodherson
(Law Offices of Alan S. Brodherson) for Prudential


Facts

Shawn Richardson filed an arbitration claim against Prudential Equity Group LLC and Wells Fargo Clearing Services LLC in relation to customer complaints from his Central Registration Depository records.

Contentions

CLAIMANT'S CONTENTIONS: Richardson sought expungement of two customer complaints from his Central Registration Depository records.

RESPONDENT'S CONTENTIONS: Prudential took no position on the request.

Result

The arbitrator recommended expungement of the customer complaints because the allegations were false.


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