wells fargo advisors Complaint

wells fargo advisors Complaint

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Annuity Fraud


I had my family's life savings invested for many years with Michael H Urner, Senior VP at Wells Fargo Advisors Laguna Beach. My complaint involves his lies and fraud describing the features of a Lincoln Financial Annuity. I have filed a FINRA Complaint which was not resolved because Mr. Urner lied about his comments to me. Simply put, Urner assured me several times that our investment would pay 5% compounded interest without penalty, all in cash, at the end of a 7 year term. Before 7 years there were penalties. It was a bare-faced-lie. Word against word. I am waiting for an apology and compensation from Urner and Wells Fargo Advisors. Since my initial complaint, Urner's superior, Mr. Zielinski of WFA Newport Beach, was fired for failing to properly supervise another of Urner's colleagues. My complaint has been denied by WFA. The paperwork and contract were prepared correctly. The dishonest agent LIED.


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