Haselkorn & Thibaut, a national investment fraud law firm, has opened an investigation into Wells Fargo Advisors broker Darren Robert Moran (CRD# 2394304) following multiple customer complaints and regulatory disclosures. If you’ve invested with Mr. Moran and experienced losses or have concerns about your account management, you may have legal options to recover your funds.
Understanding Your Rights as an Investor
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When you entrust your hard-earned money to a financial advisor, you deserve professional guidance that aligns with your best interests. The concerning pattern of complaints against Darren Moran raises important questions about investment practices and client account management that every investor should understand.
Working with Haselkorn & Thibaut means partnering with a firm that has over 50 years of experience, a 98% success rate, and millions recovered for clients. Most importantly, we work on a contingency basis – no recovery, no fee.
Key Red Flags in Darren Moran’s Professional Record
Our investigation has uncovered several concerning patterns that investors should be aware of:
| Red Flag Category | Details |
|---|---|
| Multiple Customer Disputes | 9 customer complaints filed since 2003 |
| Regulatory Action | One regulatory disclosure on record |
| Pattern of Allegations | Repeated claims of unsuitable investments and misrepresentation |
| Significant Financial Impact | Multiple six-figure settlements and awards |
Complete List of Customer Complaints Against Darren Moran
Understanding the specific nature of complaints can help you identify if you’ve experienced similar issues. Here’s a comprehensive breakdown:
1. May 2023 Complaint – $75,000 Settlement
• Allegation: Unsuitable investment recommendations
• Why this matters: Advisors must recommend investments appropriate for your risk tolerance and financial goals
2. June 2021 Complaint – $240,000 Settlement
• Allegation: Breach of fiduciary duty and unsuitable recommendations
• Why this matters: Fiduciary duty violations mean the advisor may have prioritized their interests over yours
3. January 2021 Complaint – Pending
• Allegation: Misrepresentation regarding alternative investments
• Why this matters: Alternative investments often carry higher risks and fees that must be clearly disclosed
4. October 2020 Complaint – $100,000 Award
• Allegation: Unsuitable recommendations and overconcentration
• Why this matters: Overconcentration in any investment violates basic diversification principles
5. December 2019 Complaint – Denied
• Allegation: Unsuitable recommendations and misrepresentation
• Why this matters: Even denied complaints form part of a pattern worth investigating
6. September 2018 Complaint – $177,634 Award
• Allegation: Unsuitable investment strategy
• Why this matters: Awards of this size suggest serious misconduct was found
7. September 2015 Complaint – Denied
• Allegation: Unsuitable recommendations
• Why this matters: Multiple similar allegations over time indicate potential systemic issues
8. January 2013 Complaint – Denied
• Allegation: Unsuitable recommendations and breach of fiduciary duty
• Why this matters: Early complaints can establish a long-term pattern of behavior
9. May 2003 Complaint – Denied
• Allegation: Misrepresentation
• Why this matters: A 20-year history of complaints suggests ongoing concerns
Understanding Common Investment Misconduct
The allegations against Mr. Moran involve several types of potential misconduct that investors should understand:
- Unsuitable Recommendations: When advisors suggest investments that don’t match your risk tolerance, time horizon, or financial situation
- Misrepresentation: Providing false or misleading information about investments, risks, or potential returns
- Breach of Fiduciary Duty: Failing to act in your best interests, potentially prioritizing commissions or fees
- Overconcentration: Putting too much of your portfolio in a single investment or sector, violating diversification principles
Current Employment and Business Affiliations
Darren Moran currently works with:
• Wells Fargo Advisors / Wells Fargo Advisors Financial Network, LLC in Naples, Florida
• Additional business affiliations include Naples Private Wealth, Garrison Media, and Garrison LLC
His employment history includes previous positions at Morgan Stanley, providing a long career trajectory to examine for patterns of client complaints.
What This Means for Your Investments
If you’ve worked with Darren Moran, you deserve to understand whether your investments were handled appropriately. The pattern of complaints and settlements raises questions about:
- Whether your investments matched your stated risk tolerance
- If you received accurate information about investment risks
- Whether excessive trading or unnecessary fees impacted your returns
- If your portfolio was properly diversified
Your Path to Potential Recovery
Investment losses aren’t always just “market risk.” When advisors fail in their professional duties, you may have legal recourse. The securities industry provides multiple avenues for investors to seek recovery, including FINRA arbitration.
Time limits apply to investment fraud claims, so understanding your options quickly is crucial. Many investors don’t realize they have rights until it’s too late.
Why Choose Haselkorn & Thibaut
At Haselkorn & Thibaut, we understand the frustration and worry that comes with investment losses. Our team combines:
- Extensive Experience: Over 50 years helping investors nationwide
- Proven Results: 98% success rate and millions recovered
- No Financial Risk: We work on contingency – no recovery, no fee
- Personalized Attention: Every case receives dedicated focus
Take Action Today
Don’t let concerns about your investments keep you up at night. If you’ve invested with Darren Moran and experienced losses or have questions about your account management, you deserve answers.
The regulatory record available on FINRA BrokerCheck provides public information, but understanding what it means for your specific situation requires professional analysis.
Call Haselkorn & Thibaut today at 1-888-885-7162 for a free, confidential consultation. Our experienced team will review your situation, explain your options, and help you understand the best path forward. Remember, there’s no obligation and no fee unless we recover funds for you.
Your financial future matters. Let us help you protect it.
