On August 15th, 2014, an award was entered against Edward Murphy for $86,000.00 plus interest at the rate of 2.75% per annum from May 1st, 2013 until the award is paid in full. The Financial Industry Regulatory Authority ("FINRA") case number is 13-02252. The Claimant, a New Jersey resident, was represented by Lars K. Soreide, Esq., of Soreide Law Group, PLLC, located in Florida.
On July 17th, 2012, Edward Murphy was terminated from WELLS FARGO for "Failure to follow firm policies regarding trading in investment company products." The termination came on the heels of two reported customer disputes on his CRD. According to FINRA broker check, Edward Murphy has 5 reported customer complaints several of which related to high risk volatile investments in ETF's.
Mr. Murphy is no longer affiliated with any FINRA broker dealer but was with Wells Fargo Advisors Financial Network, LLC, in Basking Ridge, New Jersey, from April 2004 through August 2012. Soreide Law Group has brought claims before against Mr. Murphy and Wells Fargo and is still actively accepting cases from investors who lost a significant amount of money with Mr. Murphy during his tenure at Wells Fargo.
If you were a former client of Mr. Edward T. Murphy please contact the Soreide Law Group at (888) 760-6552 for a free consultation. There is no fee unless the firm is successful in recovering your money. Soreide Law Group represents investors nationwide before FINRA. For more information visit http://www.SecuritiesLawyer.com
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.