BETTY LOU CARVER HAWBAKER

BETTY LOU CARVER HAWBAKER is currently employed as a Broker and/or Investment Adviser at AXA ADVISORS, LLC located at 25 PENNCRAFT AVENUE, SUITE 210, CHAMBERSBURG, PA, 17201.

BETTY LOU CARVER HAWBAKER has worked at AXA ADVISORS, LLC since June 01, 2005

Disclosure History

BETTY LOU CARVER HAWBAKER has 9 Disclosure Event(s).

Date: March 12, 2013
Category: Customer Dispute
Allegations: CLIENT ALLEGES SHE PURCHASED A 2000 VARIABLE ANNUITY BASED ON THE AGENT'S REPRESENTATION THAT UPON HER HUSBAND'S DEATH SHE WOULD RECEIVE THE DEATH BENEFIT TAX FREE. CLIENT ALLEGES SHE RECEIVED A 1099 THAT INDICATES SHE OWES TAXES ON THE FULL AMOUNT. CLIENT IS REQUESTING THE FIRM TO INVESTIGATE THIS MATTER. DAMAGES UNSPECIFIED.
Broker Comment: THE FIRM NO BASIS TO THE CUSTOMER COMPLAINT.

Date: May 18, 2012
Category: Customer Dispute
Allegations: CLIENTS ALLEGE THE AGENT DID NOT PROVIDE THEM WITH THOROUGH AND ADEQUATE INFORMATION REGARDING THEIR SECURITIES INVESTMENT ACCOUNTS AND VARIABLE ANNUITY. CLIENTS FURTHER ALLEGE THEY WERE INFORMED THEY WOULD NEVER LOSE THEIR INITIAL INVESTMENT. CLIENTS ARE REQUESTING AN INVESTIGATION OF THIS MATTER. DAMAGES UNSPECIFIED.
Broker Comment: THE FIRM FOUND NO BASIS TO THE CUSTOMER COMPLAINT.

Date: November 18, 2011
Category: Customer Dispute
Allegations: CLIENT ALLEGES HE DEPOSITED $60,000 INTO A 2011 SECURITIES INVESTMENT ACCOUNT BASED ON THE AGENT'S REPRESENTATION THAT THESE RETIREMENT FUNDS WOULD APPRECIATE IN VALUE AND PERFORMANCE. CLIENT FURTHER ALLEGES HE WAS TOLD HE COULD EXPECT A RETURN BETWEEN 8-10%. CLIENT IS REQUESTING A REFUND OF $9,400.00.
Damage Amount Requested: $9,400.00
Broker Comment: THE FIRM HAS FOUND NO BASIS TO THE CUSTOMER'S COMPLAINT.

Date: April 02, 2010
Category: Customer Dispute
Allegations: CLIENTS ALLEGE MISREPRESENATION IN THE SALE OF THREE VARIABLE ANNUITIES. CLIENTS ALLEGE THEY PURCHASED THESE ANNUITIES BASED ON THE AGENT'S REPRESENTATION THAT THE PRINCIPAL WOULD BE GUARANTEED AND THE FUNDS WOULD BE AVAILABLE IN 7 YEARS. CLIENT IS REQUESTING THE FIRM TO INVESTIGATE THIS MATTER. DAMAGES UNSPECIFIED.
Broker Comment: THE FIRM FOUND NO BASIS TO THE CUSTOMER'S COMPLAINT.

Date: July 14, 2003
Category: Customer Dispute
Allegations: CLIENT ALLEGES MISREPRESENTATION REGARDING LOSS OF PRINCIPAL AND WITHDRAWL PENALTIES REGARDING A VARIABLE ANNUITY CONTRACT. DAMAGES ARE NOT SPECIFIED.

Date: July 08, 2003
Category: Customer Dispute
Allegations: CLIENT ALLEGES MISREPRESENTATION REGARDING HER VARIABLE ANNUITY CONTRACTS. CLIENT CLAIMS SHE WAS TOLD SHE "WOULD NOT LOSE THE PRINCIPAL . . .ONLY LOSE EARNINGS." DAMAGES ARE UNSPECIFIED.

Date: July 03, 2003
Category: Customer Dispute
Allegations: CLIENT ALLEGES MISREPRESENTATION REGARDING THE LOSS OF PRINCIPAL IN HIS VARIABLE ANNUITY CONTRACT. DAMAGES ARE UNSPECIFIED.

Date: March 12, 2003
Category: Customer Dispute
Allegations: CLIENT ALLEGES THAT HE ENTRUSTED HIS $50,000 TEACHER'S RETIREMENT ROLLOVER FUNDS TO HIS REPRESENTATIVE. CLIENT ALLEGES THAT HE ASKED HIS REGISTERED REPRESENTATIVE IF HIS MONEY WAS SECURED IN SUCH A WAY THAT HE WOULD NOT LOSE HIS PRINCIPAL AND ALLEGES THAT THE REPRESENTATIVE'S ANSWER LEFT HIM WITH THE IMPRESSION THAT HE WOULD NOT LOSE IT. CLIENT STATES THAT HIS $50K HAS PLUMMETED STEADILY TO $32K IN THREE PLUS YEARS. CONTRACT IN QUESTION WAS ISSUED IN JUNE 1999.
Damage Amount Requested: $17,218.89

Date: August 07, 2002
Category: Customer Dispute
Allegations: CLIENTS (HUSBAND AND WIFE) ALLEGE THAT REPRESENTATIVE ASSURED THEM THAT THEIR INITIAL PRINCIPAL INVESTMENT WOULD BE SECURE AND THAT THEY WERE GUARANTEED TO RECEIVE THEIR PRINCIPAL AMOUNT, ANY TIME THEY WISHED TO RECEIVE IT. CLIENTS ALLEGE THAT THEIR REPRESENTATIVE MADE MISREPRESENTATIONS TO THEM, CONCERNING THE GUARANTEE OF THEIR PRINCIPAL INVESTMENTS.

More Information

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.

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