ARTHUR JAY WASSERMAN is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 2350 W JOPPA RD, GREENSPRING CENTER, LUTHERVILLE, MD, 21093.
ARTHUR JAY WASSERMAN has worked at WELLS FARGO CLEARING SERVICES, LLC since October 05, 2012
Disclosure History
ARTHUR JAY WASSERMAN has 2 Disclosure Event(s).
Date: October 26, 2004 Category: Customer Dispute Allegations: BREACH OF FIDUCIARY DUTY. Damage Amount Requested: $1,900,000.00 Settlement Amount: $220,000.00 Broker Comment: THE FIRM, WITHOUT ADMITTING LIABILITY OF ANY NATURE, DECIDED TO SETTLE THIS MATTER TO AVOID THE COST UNCERTAINTY AND DELAY OF ARBITRATION.
Date: March 27, 1998 Category: Customer Dispute Allegations: COMPLAINT ALLEGED MISMANAGEMENT,UNSUITABILITY, CHURNING AND NEGLIGENCE AND SOUGHT COMPENSATORYDAMAGES OF $148,369.00. Damage Amount Requested: $148,369.00 Damages Granted: $62,750.00 Broker Comment: PANEL DETERMINED THAT RESPONDENTS WERE JOINTLYAND SEVERALLY LIABLE AND SHALL PAY CLAIMANT $62,000 AND SHALLREIMBURSE CLAIMANT $750.00 FOR THE HEARING SESSION DEPOSITSUBMITTED TO NASDR, THAT EACH PARTY SHALL BEAR ITS OWN COSTSAND EXPENSES, INCLUDING ATTORNEYS FEES EXCEPT AS TO FORUM FEESOF $3,750 WHICH WERE ASSESSED JOINTLY AND SEVERALLY AGAINSTRESPONDENTS.NOT PROVIDED
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