When communicating online or investing with any professional, make sure you know who you’re dealing with. Imposters might link to sites like BrokerCheck from phishing or similar scam websites, or through social media , trying to steal your personal information or your money. Please contact FINRA with any concerns.
CLAIMANT ALLEGES THAT RESPONDENTS ALLOWED THE REMOVAL OF FUNDS FROM CLIENT'S'S ACCOUNT BY HIS WIFE WITHOUT HIS AUTHORIZATION. (AMOUNT CLAIMED: $29,809.40 IN LOSSES PLUS TAXES CONSEQUENCES, INTEREST, PUNITIVE DAMAGES, COSTS, ATTORNEY'S FEES, FOR A TOTAL DAMAGE CLAIM OF $152,866.05.)
Damage Amount Requested
$29,809.40
Damages Granted
$15,000.00
Broker Comment
PANEL AWARDED CLAIMANT $15,000, PLUS $300 FILING FEE. RESPONDENTS' THIRD PARTY CLAIM AGAINST [SPOUSE] WAS DENIED.
4/19/2003
Customer Dispute
Settled
Allegations
ARBITRATION CASE DESCRIPTION: ALLEGATIONS THAT IR FAILED TO FOLLOW INSTRUCTIONS TO SEEL MUTUAL FUNDS AND PLACE PROCEEDS IN A CD OR MONEY MARKET. (AMOUNT CLAIMED: $2,664.92( (CASE TO BE DECIDED ON PAPERS)
Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.
Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.