Andrew Fredric Perry, Broker with Wells Fargo, Named in Customer Dispute Alleging Recommendation of Unsuitable Investments

INVESTORS: Wells Fargo broker Andrew Fredric Perry was named in a customer dispute alleging unsuitability and misrepresentation.

Andrew Fredric Perry (CRD: 1726938) has been registered as a broker with Wells Fargo since November 2022. Previously, Perry was registered as a broker with UBS Financial Services from 2008 until 2022.

Perry has two disclosures on his BrokerCheck report. 

March 2019 Customer Dispute

Status: Settled

Allegations: Time frame: 2017 – Present. Allegations: Claimant’s Counsel alleges unsuitability and misrepresentation regarding an options overlay strategy investment.

Damage Amount Requested: $650,000.00

Settlement Amount: $310,000.00

February 2019 Customer Dispute

Status: Settled

Allegations: Time frame: March 2017 – present Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

Damage Amount Requested: $1,000,000.00

Settlement Amount: $300,000.00

Broker Comment: I disagree with and deny all allegations. I am comfortable that this customer was treated fairly, the account was handled properly, and, as always, I acted in the best interests of the client at all times.

The Sonn Law Group is currently investigating allegations surrounding Andrew Fredric Perry. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.