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Fidelity Investments


Country United States
State Ohio
City Cincinnati
Address PO Box 770001
Phone 800-343-3548
Website https://www.fidelity.com/

Fidelity Investments Reviews

  • Dec 15, 2021

Frances "Fran" Hacunda, A Fidelity Investments Lifer, Employee Relations Director, and at best, average not only at her job, but at life itself, has engaged in colluding with not only the company, but also local law enforcement to smite out potentially damaging scandals that involve Fidelity Investments, local Rhode Island politicians and local Rhode Island police departments.

Hacunda has actively ignored complaints from Fidelity Investments employees that would not be favorable to the company and even reversed situations so as to get the employee that was complaining to be the one that eventually got in trouble. This has gone so far as to contact local law enforcement on the indivdual complaining and even involving mental health professionals and hospitals so as to try to negate anything the individual has to say, and discredit him or her, by trying to obtain some type of mental health deficiency as the reason. This is a common practice in Rhode Island, and its law enforcement, as they are the forerunners of try to diagnose indivduals with mental health afflictions, or false crimes, whem they, themselves, commit wrongs and want to avoid getting in trouble.

More of hacunda's indiscretions, and her involvement there within, follow below:

Dave Bierman, Team Leader/Manager with Fidelity Investment in Smithfield, Rhode Island, and trainer with Axiom Learning Solutions in Massachusetts, blatantly and with company consent, threatened and tried to weed out certain individuals while a team manager at Fidelitly Invetments in Rhode Island. Bierman would make up lies and stories about certain employes, then as a way to try to get rid of him, threaten to report that individuals trading errors, that never occured, to FINRA, to tarnish, to put a blemish on that persons record, unless that individual quit the company.

Dave Bierman tried to blackmail individuals in this way with the full consent of Fidelity Investments, inclusive of company patsy and fellow low-life, human resources representative, Fran Hacunda, who, instead of taking employee complaints that were forwarded to her, would blatantly ignore complaints that went against what the Fidelity gang in Smithfield wanted the outcome to be, and instead disciplined, or fired, employees that spoke up againsts transgressions committed by other employees or Fidelity itself. This was done with the permission of local law enforcement, specifically departments like the Cranston Police Department and the Providence Police Department who engaged in taking false complaints, harrassing, taking indivduals to mental health facility, and falsely arresting indivduals that had the goods on Fidelity.

Officers like Erik Baccari (who has direct connects at Fidelity In smithfield), Matthew Davis, Lieutenant Carnivale, and Chief and now DMV head, Providence Center Director, and Bristol Community College professor (where he recruits co-eds for illicit prostitution out of his rental properties), amongst others, were involved in the scheme.

Fidelity likes to play a game with new hires, especially ones they dont neccessarilly like or want in the company. Namely, they will hire this individual into a new class of recruits and allow the training process and FINRA licensing to weed out the indivdual. For example, Fidelity hires someone they dont want at the company, but they rely on what they believe the complexity of the jobs trainning, or the difficulty of passing the neccessary FINRA exams to remove the person from the company instead of them putting themselves in a compromissed position of a lawsuit from not hiring or getting rid of people illegally themselves.

They also engage in try to "assist" that indivduals exit from the company during this process by making the environment as uncomfortable as possible. If this strategy fails, and an individual they thought, and wanted, to fail out of the training, doesnt, or even worse, someone they thought for sure would be weeded out by not passing the FINRA exams, but does, Fidelity then begins to engage in the process of findind other ways, like those described above, to get the indivdual out of the company.....all while limiting thier exposuse, liability, crminality, and lawsuits for doing so.

What trainer dave beirman neglects to include on his resume, or linked in profile, is that he was also a team manager for fidelity investments in smithfield, rhode island responsible for a team of sales traders when he was brought over from Ohio in the early 2000's and he was removed from the position because he attempted to falsely get members of his team he was supervising in trouble and written up for things he made up.

This included telling employees under his supervision that he would file complaints against them with FINRA and put discolsures on their trading records and licenses for false events he made up if they didnt voluntarily leave the company or quit. he engaged in this with human resources representative fran hacunda. Hire ups at Fidelity, such as owner Abilgail Johnson, would not be permitted to meet certain indivduals that the brass at smithfield did not want her to meet when she would vist the location from Boston, MA. The individual would either be brought into a "training course" during her visits, or Miss Johnson, herself would be diverted from ever crossing paths with individuals the brass in Smithfield didnt want to move up the chain of the company out of Smithfield.

Dave Bierman was a transplant from Ohio, as many of the trainers at the Smithfield location were, and they came into the Smithfield, Rhode Island location acting like the they owned the place. And they did not. Bierman was replaced as team lead after an incident by another team manager who was then tasked with trying to get rid of certain indivduals from the company. When that failed, Bierman was brought back to finish the job all with the assist of a sales trader under Bierman named greg jackson, whose father, you guessed it, was a cop for the Cranston Police Department. As you can see from Biermans resume, there is no mention of his time as a team manager, which he was, between 2000-2002 at Fidelity Investments, and if you pay close attention, you will see that after Bierman was a team manager in 2002 and got in trouble for it, Fidelity Investment NEVER made him a team manager again, Dave Bierman NEVER held another position with Fidelity Invetments, or Axiom Learning Solutions, where he was directly responsible for managing or leading people; he only managed projects from that point forward.

  • Mar 6, 2018

On or about February 6, 2018 I attempted to place a market order for a security in my IRA through Active Trader Pro. The site did not acknowledge that i placed the order. I then went to the website which was down and the mobile app which was also down. I could not find acknowledgment of my trade order. I then restarted active trader pro and found that not only had my market order been placed but two other market orders for the same amount had been placed as well. The most astonishing thing was that I did not have enough money in the account to even purchase the two other market orders. Fidelity's Active Trader Pro provided my account momentarily more than a quarter million dollars and placed the trades without my knowledge or consent. I sold immediately to cover, and of course, then the fake money that had allowed the unauthorized and un-directed purchases to take place disappeared, leaving me with only a huge loss of more than $20,000.00. When I raised the issue with the company, it accused me of dishonesty and stated that the acknowledged computer issues it had that morning did not cause the issue. I wish the company to reverse the transactions.

  • Jun 27, 2017

Rita Adams sent me a check for $2350 to use to pay the courier $1850. Also asked me to not discuss this with anyone especially don't call any telephone number other than the on offered. Also did not want any financial information from me.

  • Apr 12, 2017

I received the same bogus letter that many others have written about claiming I won 2nd prize of this sweepstakes. Which of course, I never heard of. This prize worth $250,000 if I just fork over a processing fee of $1850. It shows their headquarters in London with offices in Los Angeles and Cape-town (sic) South Africa. My question, why haven't they been shut down?

  • Apr 4, 2017

Received a letter from said company indicating I had won a 2nd place lottery of $250,000 along with a check for $2350.00 which the letter indicated was money to pay for the fees of delivery. I was to contact Rita Adams @ 1-877-296-0015 to start my claims process and to activate my check. Instructions said to adhere to her instructions.

Furthermore, a note indicated the following: Please never call any other telephone number other than this number written in your letter and do not act on this notice until you contact your claims agent to avoid cases of misappropriation and mishandling of prize monies. typed signature, congratulations, David Hull, Promotion manager

Also attached was a receipt to be signed in the presence of the courier, stating please sign and detach this part and give to him when you receive your check of US$250,000 from him. If you lose this letter, your payment might be cancelled.

  • Apr 21, 2016

Fidelity dispute

On sep 2015 we transfered 250k into the fidelity from my wellsfargo account after we recently sold our house and made our moved to florida. I proceeded to change my address to a close family friend until our tenant was ready to move out of the condo we had rented. Fidelity froze my account and asked me to come in the branch in altamonte springs and verify my information due to the change of address, which i provide my drivers license, social security card, birth certificate, power of attorney, title documents proving the sale of the house and an utility bill for the address where we where receiving our mail. They then decided to close my account for unknown reasons and told me i would have to get wellsfargo to reverse the ach transfer to the account. I went to the wellsfargo office and explained the situation to my customer representative hope stiles which filed for a ach dispute which fidelity proceeded to tell wellsfargo that they where working with me personally to get my funds back which was a complete lie as i wouldn't have pursued such actions if it wasn't for their lack of communication and cooperation to return our money. Over six months later and fidelity still has our money and has made no attempt to return the funds that where transfer. We are getting ready to file a lawsuit if they are not willing to fix this issue immediately as we have dealt with enough of this nonsense. It appears that fidelity is trying to rob me and my family of our hard earned money and we will not allow that to happened. This company can not be trusted, they recently lost a lawsuit filed kelley vs fidelity investments by their own employees due to their practices.

  • Jan 8, 2016

Very disappointed with Fidelity. My employer, the largest in Colorado, uses Fidelity for 401ks. I decided to open a personal account as well. Since that time I am blocked from viewing or making any changes to my work account, which has over $30,000 vested. Even though they can verify me by phone, they will not close the personal account. Instead, they want two forms of government ID, a current utility bill, etc. This leaves me in a big pickle. I cannot view my balance or trade. I will request my employer notify all employees about the problems with opening a personal account and request looking into a more professional mutual fund company. CHI should move away from Fidelity.

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