David L. Dill & Philip James Farese, Jr. Allegedly Engaged in Acts of Unsuitability & Unauthorized Trades; Damages of $1.2 Million Requested

David Dill & Philip Farese allegedly engaged in acts of unsuitability and unauthorized trades, according to a pending Customer Dispute filed on Dill and Farese’s respective FINRA BrokerCheck Reports under review by investor rights attorney Alan Rosca.

The aforementioned dispute was filed on October 23, 2018, FINRA states, and claims that Dill and Farese allegedly placed a client in unsuitable energy investments and executed trades without consulting with the client. The period of action was allegedly from February 27, 2013 until August 31, 2018, FINRA notes.

Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to David Dill & Philip Farese’s alleged acts of unsuitability and unauthorized trading. Investors who believe they may have lost money in activity related to David Dill & Philip Farese’s alleged acts of unsuitability and unauthorized trading are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

David Dill & Philip Farese Worked for Wells Fargo Clearing Services, LLC in Merrillville, IN since 2008 & 2009 Respectively

David Dill has 3 disclosures in his 20 years in the securities industry, and has worked for two different firms, FINRS notes. Dill has been registered with Well Fargo Clearing Services, LLC in Merrillville, IN since January 1, 2008, FINRA notes.

Dill also worked for A.G. Edwards & Sons, Inc. in Chesterton, IN from May 18, 1998 until January 3, 2008, FINRA states.

Philip Farese, meanwhile, has only one disclosure on his record in his 9 years in the securities industry, and has worked for Wells Fargo Clearing Services, LLC in Merrillville, IN since June 5, 2009, FINRA reports. Farese has worked for no other firms, FINRA reports.

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints mentioned in this article, unless otherwise indicated.

Securities Lawyer Investigating

The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating David Dill & Philip Farese’s alleged acts of unsuitability and unauthorized trading. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of David Dill & Philip Farese’s alleged acts of unsuitability and unauthorized trading may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at rosca@lawgsp.com, or through the contact form on this webpage.