ARV VILUTIS is currently employed as a Broker and/or Investment Adviser at CETERA ADVISORS LLC located at 1770 ST. JAMES PLACE, STE. 365, HOUSTON, TX, 77056.
ARV VILUTIS has worked at CETERA ADVISORS LLC since January 01, 2004
ARV VILUTIS has 2 Disclosure Event(s).
Date: July 14, 2009 Category: Customer Dispute Allegations: [CUSTOMER] ALLEGES MISREPRESENTATION, BREACH OF CONTRACT, VIOLATION OF SECURITIES CODE. Damage Amount Requested: $1,000,000.00 Settlement Amount: $275,000.00 Broker Comment: WE DISPUTE THE ALLEGATION, BUT DUE TO THE POTENTIAL EXPENSE OF LAWYERS, EXHIBITS AND EXPERTS, AS WELL AS THE TIME INVOLVED AND THE UNCERTAINTIES OF ARBITRATION, A BUSINESS DECISION WAS MADE TO SETTLE THE CASE.
Date: January 01, 1988 Category: Customer Dispute Allegations: ALLEGED LOSSES IN LTD PARTNERSHIPS, MUTUALFUNDS AND STOCK PURCHASED FROM 1981 THROUGH 1987 FOR #$300,000.CASE HEARD BY ARBITRATION PANEL ON 8/88, 12/88 3/2/89 AND3/18/89 IN HOUSTON TX. Damages Granted: $24,271.18 Broker Comment: AFTER 4 DAYS OF HEARINGS, THE ARBITRATION PANELDETERMINED THE FOLLOWING: 1) THE RESPONDENTS RAUSCHER, PIERCEREFSNES INC AND ARV VILUTIS ARE HEREBY JOINTLY AND SEVERALLYLIABLE FOR AND SHALL PAY TO THE CLAIMANT THE SUM OF $15,891.44IN CASH, INCLUSIVE OF INTEREST: 2) THE RESPONDENTS SMITH BARNEYHARRIS UPHAM & CO. AND ARV VILUTIS ARE HEREBY JOINTLY ANDSEVERALLY LIABLE FOR AND SHALL PAY TO THE CLAIMANT THE SUM OF$8,379.74 IN CASH INCLUSIVE OF INTEREST; AND 3) NO PUNITIVEDAMAGES SHALL BE AWARDED.NOT PROVIDED
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