ALLEN PHELPS LOVEJOY is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 2 PICKWICK PLZ, GREENWICH, CT, 06830.
ALLEN PHELPS LOVEJOY has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since June 30, 2011
ALLEN PHELPS LOVEJOY has 3 Disclosure Event(s).
Date: July 09, 2012 Category: Customer Dispute Allegations: THE CUSTOMER ALLEGES EXCESSIVE TRADING AND MISREPRESENTATION FROM APRIL 2008 TO NOVEMBER 2012. ACTIVITY PERIOD: 04/01/2008 - 11/26/2014. Damage Amount Requested: $374,914.00 Settlement Amount: $200,000.00 Broker Comment: MERRILL LYNCH SETTLED WITH THE CUSTOMER FOR $95,740.00 ON 10/14/2014. MORGAN STANLEY/SMITH BARNEY SETTLED WITH THE CUSTOMER ON 10/16/2014 FOR $104,260.00. THE MATTER WAS SETTLED BY MERRILL LYNCH FOR BUSINESS REASONS TO AVOID THE EXPENSE AND UNCERTAINTY OF LITIGATION. THE FINANCIAL ADVISOR DENIES ALL THE ALLEGATIONS IN THE STATEMENT OF CLAIM. THE FINANCIAL ADVISOR DID NOT CONTRIBUTE TO THE SETTLEMENT.
Date: July 01, 2011 Category: Customer Dispute Allegations: CLIENT ALLEGES FAILURE TO FOLLOW INSTRUCTIONS WITH RESPECT TO ACCOUNTS - APRIL 2010.
Date: May 10, 1999 Category: Customer Dispute Allegations: CLIENT ALLEGED THAT SHARES OF STOCK WERE SOLDSHORT IN HIS ACCOUNT WITHOUT HIS AUTHORIZATION AND THAT HISINSTRUCTIONS TO COVER PRIOR SHORT SALES WERE NOT FOLLOWED. Damage Amount Requested: $5,000.00 Broker Comment: THE CLIENT'S CLAIM WAS DENIED.
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
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.
To view the full report for ALLEN PHELPS LOVEJOY, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More