ALAN KEN FLAKE is currently employed as a Broker and/or Investment Adviser at CALTON & ASSOCIATES, INC. located at 2701 N. ROCKY POINT DRIVE, SUITE 1000, TAMPA, FL, 33607.
ALAN KEN FLAKE has worked at CALTON & ASSOCIATES, INC. since July 01, 2016
Disclosure History
ALAN KEN FLAKE has 6 Disclosure Event(s).
Date: July 14, 2003 Category: Customer Dispute Allegations: ALLEGATIONS INCLUDE BREACH OF CONTRACT AND FAILURE TO SUPERVISE. CUSTOMER CLAIMS FOR DAMAGES IN EXCESS OF $200,000.00 Damage Amount Requested: $200,000.00 Settlement Amount: $40,000.00 Broker Comment: CASE SETTLED.
Date: July 09, 2003 Category: Regulatory
Date: April 01, 2003 Category: Customer Dispute Allegations: CUSOTMER ALLEGED THAT LP INVESTMENTS (APPX $420K) MADE FROM AS EARLY AS 1997 WERE UNSUITABLE. CUSTOMER CLAIMS BETWEEN $100K-$500K IN DAMAGES. Damage Amount Requested: $500,000.00 Settlement Amount: $30,000.00 Broker Comment: ALTHOUGH I FELT THERE WAS NO SUBSTANCE TO HER ALLEGATIONS, I, RESERVE MANAGEMENT INC, AND RESERVE MANAGEMENT FINANCIAL SERVICES SETTLED WITH CUSTOMER TO FOREGO THE TIME, COST AND INCONVENIENCE OF LITIGATION.
Date: March 25, 2002 Category: Customer Dispute Allegations: CUSTOMER ASKED FOR RETURN OF HER UNINVESTED FUNDS ($251,000) PLUS INTEREST; THE ADVISORY REPRESENTATIVE (NOT ME) WAS NOT ABLE TO RETURN HER FUNDS. THS CUSTOMER WAS NOT MY CLIEINT. Damage Amount Requested: $251,000.00 Broker Comment: BY DISCIPLINARY ORDER, THS CASE WAS CLOSED ON 7/9/2003. I DID NOT PAY ANY AMOUNT, SETTLEMENT OR OTHERWISE, TO CUSTOMER. THIS CUSTOMER WAS NOT MY CLIENT, I NEVER MET OR SPOKE WITH HER. THE INVESTMENT ADVISORY CONTRACT WAS SOLD BY ANOTHER REP OF THE FIRM. I BELIEVE I WAS NAMED BECAUSE I SIGNED OFF ON THE STANDARD INVESTMENT CONTRACT; I WAS NOT FULLY AWARE OF THE INVESTMENTS WHICH WERE BEING SELECTED BY THE ADVISORY REP FOR HIS CLIENTS.
Date: January 18, 1999 Category: Regulatory Initiated By: TEXAS STATE SECURITIES BOARD Allegations: Not Provided Resolution: Order SanctionDetails: Sanctions: Monetary/Fine SanctionDetails: Amount: $750.00 Sanction Details: ADMINISTRATIVE DISCIPLINARY ORDER REPRIMANDING ANAGENT Broker Comment: NOT PROVIDED
Date: November 08, 1985 Category: Customer Dispute Allegations: CERTAIN VIOLATIONS OF THE SECURITIES ACT OF'33 AS IT RELATES TO THE SALE OF CERTAIN INDIV. CONTACTINVESTMENTS ALONE OF VIOLATIONS OF CERTAIN PRO VISIONS OF THERICO ACT AS IT RELATES TO THE SALE OF UNITS OF LIM PARTNERSHIP Damage Amount Requested: $465,970.00 Settlement Amount: $35,000.00 Broker Comment: THIS REPORT BEING FILED TO CORRECT PREVIOUS DRP
More Information
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