ALEXANDER M SUGAR is currently employed as a Broker and/or Investment Adviser at RBC CAPITAL MARKETS, LLC located at 75 STATE STREET, SUITE 1701, BOSTON, MA, 02109-1875.
ALEXANDER M SUGAR has worked at RBC CAPITAL MARKETS, LLC since May 15, 2017
Disclosure History
ALEXANDER M SUGAR has 2 Disclosure Event(s).
Date: September 16, 2014 Category: Customer Dispute Allegations: CLIENT ALLEGES SALE OF STOCKS ON 05/03/2012 WAS UNAUTHORIZED. Damage Amount Requested: $45,000.00
Date: April 11, 2007 Category: Customer Dispute Allegations: CUSTOMER SIGNED LETTER DATED APRIL 10, 2007 INDICATING SHE WAS CONCERNED THAT UNSUITABLE TRADING HAD TAKEN PLACE IN HER TRUST ACCOUNTS. CUSTOMER DID NOT MAKE ANY CLAIM FOR COMPENSATORY DAMAGES. WE HAVE MADE A GOOD FAITH DETERMINATION THAT THE DAMAGES FROM THE ALLEGED CONDUCT WOULD BE GREATER THAN $5,000. IN A SUBSEQUENT LETTER DATED MAY 10, 2007, THE CUSTOMER'S SON WITH WRITTEN POWER OF ATTORNEY OVER THE ACCOUNTS WITHDREW THE APRIL 10TH COMPLAINT IN ITS ENTIRETY. Broker Comment: THE COMPLAINT WAS WITHDRAWN. THE FIRM WAS ADVISED BY THE CUSTOMER'S SON, WHO HAD WRITTEN POWER OF ATTORNEY OVER THE ACCOUNTS, THAT THE APRIL 10TH LETTER WAS NOT WRITTEN BY THE CUSTOMER, THAT THE CUSTOMER NEITHER UNDERSTOOD NOR WOULD SHE HAVE SUPPORTED THE ALLEGATIONS RAISED IN THE LETTER, AND THAT THE CUSTOMER APPROVED OF THE ACTIVITY IN THE ACCOUNTS. ALL TRADING WAS DIRECTED BY THE CUSTOMER'S SON, A SOPHISTICATED INVESTOR, ON AN UNSOLICITED BASIS. WE BELIEVE THE ALLEGATIONS RAISED, WHILE WITHDRAWN, ARE WITHOUT MERIT.
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