Q: how can I take wells Fargo for arbitration which is part of contract, but now they refuse to even answer my request for
arbitration they are the one who asked for arbitration, but when they found out i am 90 years old and poor health, they are ignoring my appeal to go for arbitration clause or choose an arbitrator.
If there is an arbitration agreement, it should be in your account opening documents. If your dispute is with the securities part of Wells, you can can get more information on filing it here: https://www.finra.org/arbitration-mediation.
You should get an attorney to represent you as they will have them on their side.
Review the contract: Carefully examine the arbitration clause in your contract with Wells Fargo to understand the requirements and procedures.
Document your attempts: Keep a record of all communication with Wells Fargo regarding arbitration, including dates, times, and details.
Seek legal assistance: Consult with an attorney experienced in arbitration and contract law to assess your situation and provide guidance.
Follow up in writing: Send a formal written request to Wells Fargo, clearly expressing your desire to engage in arbitration based on the contract's terms.
Escalate if necessary: If Wells Fargo continues to ignore your request, your attorney can advise you on the appropriate steps to take, which may include filing a complaint or pursuing legal action.
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