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Ex-Broker Marcus DeBaise & Wells Fargo Advisors

If you’ve suffered investment losses with stockbroker Marcus DeBaise of Glastonbury, CT, you may be able to recover some of those losses through FINRA Arbitration!

 The Law Office of Howard Rosenfield recently filed a FINRA Arbitration claim against Wells Fargo Advisors (formerly Wachovia Securities) alleging that its representative, Marcus J. DeBaise (CRD# 2404266) over concentrated and failed to diversify the portfolio of retirees in a variety of risky equity investments including, but not limited to the following:

  • Acegy SA Sponsored ADR

  • Amarin Corporation PCL

  • ATP Oil & Gas

  • Aviat Networks, Inc.

  • Bankers Petroleum

  • Bioenvision Inc

  • Black Diamond, Inc.

  • Carrington Labs, Inc.

  • Carrizo Oil & Gas

  • China Mediaexpress Holdings

  • Compton Petroleum Corp.

  • CV Therapeutics

  • Dendreon Corp.

  • Dryships, Inc.

  • DVI, Inc.

  • Essex Rental Corp.

  • FAB Universal Corp

  • Fusion-IO Inc.

  • Galleon Energy, Inc.

  • GMX Resources, Inc.

  • Harris Stratex Networks

  • ICJ Medical, Inc.

  • KHD Wedag International

  • Liveperson, Inc.

  • MFC Corp.

  • Middleby Corp.

  • Mosaic Company

  • Myriad Pharmaceuticals

  • National Oilwell Varco, Inc.

  • Niko Resources, Ltd.

  • Orient Express Hotels Ltd

  • Petrohawk Energy Corp.

  • Presstek Inc.

  • Regis Corp Minn

  • Talisman Energy, Inc.


  • Turnkey E&P Inc.

  • United Therapeutics Corp.

  • Walter Energy

  • Xtreme Drilling & Coil

 According to FINRA records, Marcus DeBaise has been subject to over 11 customer disputes since 2011, many of which relate to the over-concentration of investor portfolios in equities.

Brokerage firms like Wells Fargo Advisors have a duty to properly supervise their representatives like Marcus DeBaise to ensure that the investments that they recommend to customers are suitable for their needs.


For more information about how to recover your assets from loss caused by Marcus DeBaise, contact Attorney Howard Rosenfield at 860-677-4334 or email

Attorney Rosenfield is also available to speak on specific subject matter topics related to investment fraud.