ALFRED SIETZE VANDERLAAN is currently employed as a Broker and/or Investment Adviser at SANDLAPPER SECURITIES, LLC located at 420 10TH ST. NW, WATERTOWN, SD, 57201.
ALFRED SIETZE VANDERLAAN has worked at SANDLAPPER SECURITIES, LLC since August 26, 2011
Disclosure History
ALFRED SIETZE VANDERLAAN has 9 Disclosure Event(s).
Date: June 26, 2013 Category: Customer Dispute Allegations: WRONGFUL CONDUCT; FRAUD; BREACH OF FIDUCIARY DUTY; INTENTIONAL ADN NEGLIGENT MISREPRESENTATION; NEGLIGENCE, GROSS NEGLIGENCE, RECKLESS AND/OR WILLFUL MISCONDUCT; BREACH OF CONDUCT; Damage Amount Requested: $55,000.00 Settlement Amount: $25,000.00 Broker Comment: BROKER DENIES ALL LIABILITY FOR THE ALLEGATIONS IN THE STATEMENT OF CLAIM. SETTLED TO AVOID LITIGATION COSTS
Date: April 18, 2013 Category: Regulatory Initiated By: STATE OF SOUTH DAKOTA DEPARTMENT OF LABOR AND REGULATION DIVISION OF SECURITIES Allegations: FAILURE TO OBTAIN PROPER APPROVAL FROM FIRM BEFORE USING ANY TYPE OF ADVERTISING REGARDING THE OFFER OR SALE OF SECURITIES. Resolution: Consent SanctionDetails: Sanctions: Civil and Administrative Penalty(ies)/Fine(s) SanctionDetails: Amount: $1,500.00
Date: May 10, 2011 Category: Customer Dispute Allegations: UNSUITABILITY AND MISREPRESENTATION AS TO THE INVESTMENTS AND THE RISKS INVOLVED. Damage Amount Requested: $214,000.00
Date: May 01, 2010 Category: Customer Dispute Allegations: WRONGFUL CONDUCT, BREACH OF FIDUCIARY DUTY, BREACH OF WRITTEN CONTRACT, BEACH OF ORAL CONTRACT, NEGLIGENCE, FAILURE TO SUPERVISE, VIOLATION OF STATE AND FEDERAL SECURITIES LAWS Damage Amount Requested: $1,000,000.00 Settlement Amount: $50,000.00 10-01255
Date: April 20, 2010 Category: Customer Dispute Allegations: CLAIMANT ALLEGES FRAUD AND DECEIT,BREACH OF FIDUCIARY DUTY, NEGLIGENCE WITH REGARD TO MEDICAL CAPITAL Damage Amount Requested: $375,000.00 Broker Comment: DISMISSED WITHOUT PREDJUDICE
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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
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