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  • Report:  #1135826

Complaint Review: Fidelity Investments - Internet

Reported By:
Adam - Costa Mesa, California,
Submitted:
Updated:

Fidelity Investments
Internet, USA
Web:
www.401k.com
Categories:
Tell us has your experience with this business or person been good? What's this?

I have a 401k account with over $50k in it.  A few months ago, I suddenly notices transactions of large amounts in my account, transferring my holdings from one fund to another fund.  I did not request these transfers and did not know anything about them.  I sent a letter to Fidelity to inquire about them but they have refused to respond to me at all.

Additionally, when logging into my account online, I noticed that they have a very old mailing address for me (though my email address of record is current).  But there is no way to change the address online.  Again, I sent a letter to Fidelity about the address change but they have refused to respond to me at all.

If they don't take care of this, I am going to roll over my entire balance into my account at another bank, and then sue Fidelity for breach of fiduciary duty!



2 Updates & Rebuttals

Adam

Costa Mesa,
California,
wtf?

#2Author of original report

Thu, April 03, 2014

why the hell would i need to do that when i already wrote to them.  duh- read above!  they entered transactions without my approval!


Jim

Florida,
Call Them!

#3Consumer Comment

Thu, April 03, 2014

Call them on their 800 line.  Ask the right questions.  I highly doubt the person on the other end is going to just go silent or say, "no comment"! 

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