Wells Fargo Under Fire For 401(k) Rollover Practices

RPWB attorneys are investigating claims that Wells Fargo may have advised people rolling over their 401(k) retirement plans to invest in alternative investments in order to earn higher fees and commissions.

These 401(k) rollovers have caught the attention of federal regulators with the Department of Justice, Department of Labor and the Securities Exchange Commission, who are reportedly investigating.

RPWB attorneys are looking for assistance from current or former Wells Fargo customers who:

  • Rolled over their company-sponsored 401(k) into an Individual Retirement Account (IRA) with Wells Fargo
  • Were advised by a Wells Fargo employee to invest in certain alternative or non-traditional investments
  • Were advised by a Wells Fargo employee to invest in a Wells Fargo mutual fund
  • Put money into a managed investment account or into a fiduciary account (such as a trust fund)

If you rolled over your 401(k) into an IRA at Wells Fargo and/or a Wells Fargo employee advised you to invest in certain mutual funds or alternative investments, please call us at 1-866-344-8436 or fill out the form on this page.

You may be eligible for additional compensation by agreeing to be a class representative on behalf of other Wells Fargo customers.

RPWB is a reputable plaintiff law firm that represents consumers throughout the United States from our offices in South Carolina and Illinois. Your help in our investigation is greatly appreciated as we believe consumers must be protected to the fullest extent of the law.

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