STEVEN CHI LAM at WELLS FARGO CLEARING SERVICES, LLC – View Complaints, Disclosures, Scams and Audit Report (Updated 2023)

CRD# 6918780
STEVEN CHI LAM is an Investment Adviser, associated with WELLS FARGO CLEARING SERVICES, LLC located at EL MONTE, CA. STEVEN LAM’s Central Registration Depository (CRD) number is 6918780 and the FINRA Profile can be found at – https://brokercheck.finra.org/individual/summary/5134112.

Disclosure #1 for STEVEN LAM

    • Event Date: 10/1/2013
    • Disclosure Type: Financial
    • Disclosure Resolution: Final
    • Disclosure Detail :: Type: Compromise
    • Disposition: Compromised
    • Broker Comment: I had lost my job in July of 2013 due to company downsizing and I was behind on my bills. Once I received my severance settlement, I contacted the creditor to pay off my account. At the time I did not understand the difference between a payoff versus a settlement and ended up paying a lesser amount. It wasn’t until April of 2015, I pulled up my credit report and learned the difference. I was under the impression that the account was considered paid and closed with a zero balance.


Should I file a FINRA complaint against brokers like STEVEN CHI LAM?

Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.

Update - 2022.11.15If you have suffered investment losses that may have been caused by STEVEN CHI LAM’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!

 
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Frequently Asked Questions About STEVEN CHI LAM

What is STEVEN LAM's Central Registration Depository (CRD) Number?

6918780

Which firm is STEVEN CHI LAM associated with?

WELLS FARGO CLEARING SERVICES, LLC

Where is STEVEN LAM located?

11934 GARVEY AVE, EL MONTE, CA, 91732

Where can I find more details about STEVEN LAM's Investment Firm?

Visit https://brokercheck.finra.org/firm/summary/19616 to read a detailed report for WELLS FARGO CLEARING SERVICES, LLC

Are there any disclosures, allegations or complaints filed against STEVEN CHI LAM?

Yes. There are disclosures, allegations, or complaints filed against STEVEN CHI LAM. Click here to view all details

Where can I download a detailed FINRA report for STEVEN LAM?

Click here to download a detailed FINRA report for STEVEN LAM

Is it safe to do business with STEVEN CHI LAM?

We’re not sure. Please research STEVEN LAM’s disclosures, allegations and complaints before taking a decision


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