Leonard Kinsman, formerly with Wells Fargo, Barred by FINRA
Have you lost money with financial advisor Leonard Kinsman? We are continuing to look into allegations made about Leonard Charles Kinsman from Staten Island, New York. FINRA (the Financial Industry Regulatory Authority) barred Kinsman from the securities industry. FINRA alleged that Kinsman has failed to respond to its investigation, regarding allegations related to sales practice complaints, as well as his termination from Wells Fargo.
Leonard Charles Kinsman was a financial advisor and registered representative of Wells Fargo from June 2014 to July 2019. He worked in branch offices in Staten Island, New York. Kinsman has also been the subject of at least five customer complaints.
Brokerage firms like Wells Fargo have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Ann Arbor, Michigan; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Wells Fargo.