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FINRA Broker Allegations

Allegations against: Sandra Reif

Allegation type: Civil

Allegation status: Pending

The allegations read: Plaintiff filed a civil action against wells fargo bank, n.a. And ms. Sandra reif alleging claims of negligence, breach of fiduciary duty and violation of the florida securities and investor protection act, in connection with realized capital gains taxes for which plaintiff is liable, as grantor of two trusts. Plaintiff claims that wells fargo placed trades for the trusts resulting in capital gains despite being aware of plaintiff's aversion to large, realized capital gains.

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