Roberta Kay Stafford (CRD#865356) and WELLINGTON SHIELDS & CO., LLC

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Roberta Kay Stafford (CRD#865356) regarding allegations made regarding the following:

Claim(s) Made Against Roberta Kay Stafford:

Claim Date: 3/16/2020

“In late January and early February, 2020, client submitted fully executed new account paperwork establishing a new account with Wellington which was opened on or about February 7, 2020. Per instruction from client and her sister, assets previously held in sister‘s Wellington account (consisting of common and preferred stocks) were transferred into the client‘s new account. Within weeks after the transfer of assets, the financial markets collapsed with the global spread of the coronavirus. After the sharp drop, on March 16 and then March 30, 2020, the client emailed the firm and the registered representative denying the opening of the new account (and, in fact, denying any client relationship) and demanding that the securities be transferred back to the sister‘s account at the higher value existing before the market turmoil. In so claiming, the client alleged that the new account was never opened or that if opened, the holdings should have been immediately sold, without offering any foundation or basis for such contention. The client seeks damages consisting of the difference in value of the holdings prior to the transfer and their current value.”

This claim, as of this posting, is currently Denied with a claim amount of $100,000.00 .

See more information on FINRA’s BrokerCheck site for Roberta Kay Stafford.

Were you a client of Roberta Kay Stafford?

The Securities Lawyers have successfully recovered millions of dollars for investors across the country and are currently considering bringing claims on behalf of individuals or groups of investors who have suffered losses. If you are a former customer of Roberta Kay Stafford and WELLINGTON SHIELDS & CO., LLC and have incurred investment losses, please contact the Securities Lawyers. You may be entitled to financial compensation, and we work on a contingency basis, meaning we only get paid if we recover your money. Please note that there may be time limits or statutes of limitations that apply to your claim, so it is important to act quickly and speak with an attorney as soon as possible.

If you were a client of Roberta Kay Stafford and WELLINGTON SHIELDS & CO., LLC from NEW YORK, NY and had a negative experience, we are interested in discussing the possibility of pursuing a claim on your behalf. Brokerage firms are responsible for overseeing the actions of their registered representatives and must ensure that their financial advisors comply with all relevant regulations and company policies. The brokerage firm may be held liable for any investment losses suffered by customers due to their failure to properly supervise their agents, such as Roberta Kay Stafford. The Securities Lawyers at Halling & Cayo, S.C. have helped investors recover millions of dollars in the past.

Contact The Securities Lawyers


Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at to see if he can help recover your funds.