BARBARA ANN KOONTZ

BARBARA ANN KOONTZ is currently employed as a Broker and/or Investment Adviser at CUSO FINANCIAL SERVICES, L.P. located at 2350 NW Century Drive. Ste 220, Corvallis, OR, 97330.

BARBARA ANN KOONTZ has worked at CUSO FINANCIAL SERVICES, L.P. since August 15, 2006

Disclosure History

BARBARA ANN KOONTZ has 3 Disclosure Event(s).

Date: July 30, 2013
Category: Customer Dispute
Allegations: CLIENT ALLEGED THAT CFS REP DID NOT PROPERLY DESCRIBE POTENTIAL FOR MARKET VOLATILITY AT TIME OF PURCHASE OF 11 MUTUAL FUNDS AND HAS REQUESTED COMPENSATION FOR LOSSES. THE REPRESENTATIVE DENIES THIS ALLEGATION. A CFS REVIEW REVEALED THAT ALL REQUIRED DISCLOSURES WERE MADE IN WRITING AND THAT SIGNED DOCUMENTATION AND AVAILABLE INFORMATION SUPPORTED REASONABLE SUITABILITY FOR THE MUTUAL FUND RECOMMENDATIONS THAT WERE MADE. ACCORDINGLY, CFS HAS RESPONDED TO THE CLIENT COMPLAINT IN WRITING WITH A DENIAL OF ALLEGATIONS AND REQUESTED COMPENSATION.
Damage Amount Requested: $40,000.00

Date: September 24, 2007
Category: Regulatory

Date: July 05, 2006
Category: Employment Separation After Allegations
Firm Name: U.S. BANCORP INVESTMENTS, INC.
Termination Type: Discharged
Allegations: FIRM DEVELOPED FACTS TO PROVIDE A REASONABLE BASIS TO BELIEVE THAT REPRESENTATIVE MADE A PERSONAL CASH DEPOSIT INTO THE ACCOUNT OF AN UNHAPPY CLIENT CONTRARY TO FIRM POLICY.
Broker Comment: DUE TO A DELAY BEYOND MY CONTROL TO ESTABLISH A THREE PARTY ACCOUNT, I COMPENSATED THE CLIENTS IN THE AMOUNT OF $200 FOR LOST INTEREST. I MISTAKENLY BELIEVED THAT THE $200 WAS A PERMISSIBLE GIFT AMOUNT PER NASD REGULATIONS. AT NO TIME DID I KNOWINGLY VIOLATE EITHER FIRM POLICY OR SECURITIES REGULATIONS.

More Information

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