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Securities
Breach of Promissory Note
Employment

Wells Fargo Advisors LLC v. Kenneth James Meyers

Published: Apr. 20, 2013 | Result Date: Mar. 27, 2013 | Filing Date: Jan. 1, 1900 |

Case number: 10-01433 Arbitration –  $873,232

Court

FINRA


Attorneys

Claimant

Timothy N. Will
(Albert & Will LLP)


Respondent

Stephen F. Boutin


Facts

Wells Fargo Advisors LLC filed a complaint against Kenneth Meyers alleging breach of a promissory note executed by Meyers as part of his employment with Wells Fargo.

Damages

Wells Fargo sought $710,547, the balance due and owing under the note plus interest, attorney fees and costs and other relief.

Result

The FINRA Panel found Meyers liable for $873,233 plus interest.


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