BRAD LEE CHUMLEY

BRAD LEE CHUMLEY is currently employed as a Broker and/or Investment Adviser at CAMBRIDGE INVESTMENT RESEARCH, INC. located at 307 W. 7th, Suite 912, STE. 660, Ft. Worth, TX, 76102.

BRAD LEE CHUMLEY has worked at CAMBRIDGE INVESTMENT RESEARCH, INC. since May 28, 2008

Disclosure History

BRAD LEE CHUMLEY has 2 Disclosure Event(s).

Date: December 09, 2014
Category: Customer Dispute
Allegations: PLAINTIFF ALLEGES THAT FUNDS WERE INVESTED CONTRARY TO TRIBE CHARTER. ACTIVITY PERIOD 4/06-4/08.
Broker Comment: CIVIL LITIGATION WAS DISMISSED ON 10/13/2014 AND AN ARBITRATION CASE WAS OPENED AGAINST LPL ONLY ON 10/2/2014.

Date: May 26, 2011
Category: Customer Dispute
Allegations: CLIENT ALLEGES RR MISSLED CLIENT WHEN TALKING TO THEM ABOUT THE STATUS OF A TRANSFER WITHIN THEIR ACCOUNTS. CLIENT ALSO CLAIMS THAT THE ACTIONS, AND POOR FOLLOW THROUGH ON THE PART OF THE RR CAUSED THEM TO INCUR DAMAGES OF $5400 DUE TO SELLING LOWER THAN WAS DESIRED.
Damage Amount Requested: $5,400.00
Broker Comment: CLIENT BELIEVED OUTSIDE FIRM'S TRANSACTION FEE WAS HIGH. CLIENT HAS FEE-BASED ACCOUNT WITH RR. CLIENT INSTRUCTED RR TO INITIATE A TRANSFER. RR CONTACTED CUSTODIAN TO EXPEDITE TRANSFER. DURING TRANSFER A COMPANY THE CLIENT HELD REPORTED EARNINGS; THE STOCK PRICE FELL. CLIENT WANTED NO LESS THAN $10 PER SHARE. RR WORKED WITH CUSTODIAN TO SET SELL STOP AT $10. STOCK SOLD BELOW $10. RR CONTACTED CUSTODIAN'S TRADE DESK TO INITIATE CORRECTION. CUSTODIAN PROCESSED CORRECTION TO SELL POSITION AT $10.

More Information

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