ADAM JASON SOLOFF

ADAM JASON SOLOFF is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 20 ROY LN, HUNTINGDON VALLEY, PA, 19006-3112.

ADAM JASON SOLOFF has worked at LPL FINANCIAL LLC since October 27, 2006

Disclosure History

ADAM JASON SOLOFF has 1 Disclosure Event(s).

Date: June 12, 2000
Category: Customer Dispute
Allegations: ENTERING ORDER FOR SHORT SALE OF 1000 CHKP ON JUNE 07, 2000. CUSTOMER ALLEGES SHORT SALE WAS FOR 500 SHARES. A GOOD FAITH DETERMINATION AS TO THE AMOUNT OF DAMAGES IS DIFFICULT DUE TO MARKET FLUCTUATION HOWEVER AT THIS TIME IT HAS BEEN DETERMINED THAT A BUY BACK OF 500 SHARES WOULD RESULT IN A LOSS IN EXCESS OF $5000.00
Damage Amount Requested: $5,000.00
Broker Comment: THE TRADE FOR 1000 SHARES WAS READ BACK AND CONFIRMED WITH THE CUSTOMER PRIOR TO EXECUTION. THE TRADE EXECUTION WAS ALSO CONFIRMED WITH THE CUSTOMER. THE CUSTOMER BOUGHT BACK AND COVERED THE 1000 SHARE SALE POSITION ON JUNE 23, 2000 AT 211 1/4. THE CUSTOMER FILED AN ARBITRATION CLAIM ON OCTOBER 12, 2000 (RECEIVED BY THE FIRM ON NOVEMBER 08, 2000). MR. SOLOFF WAS NOT NAMED AS A RESPONDENT TO THE ARBITRATION CLAIM.

More Information

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