Raymond James, Wells Fargo and LPL Financial Ordered to Pay More Than $30,000,000.00 in Restitution to Retirement Accounts and Charities Which Were Overcharged for Mutual Funds

On Monday, July 6, 2015 the Financial Industry Regulatory Authority (FINRA) announced that Wells Fargo,
Raymond James and LPL Financial were ordered to pay $15,000,000.00, $8.7 Million, and $6.3 Million
Dollars, respectively in restitution, including interest, with payments to be made to customers effected
by the firms’ failure to waive mutual funds sales charges for certain retirement and charitable
accounts.

Read the full story here: http://www.finra.org/newsroom/2015/finra-sanctions-wells-fargo-raymond-james-and-lpl-30-million

We offer free initial consultation to investors who feel they have been victimized in the financial
markets. If you feel we can help you, please contact us at 518-426-7700 or tjo@tjolaw.com to arrange a case evaluation.

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