CAROLE T LUCE

CAROLE T LUCE is currently employed as a Broker and/or Investment Adviser at PRUCO SECURITIES, LLC. located at 600 SOUTHBOROUGH DRIVE, SUITE 103, SOUTH PORTLAND, ME, 04106.

CAROLE T LUCE has worked at PRUCO SECURITIES, LLC. since January 25, 1983

Disclosure History

CAROLE T LUCE has 2 Disclosure Event(s).

Date: June 16, 2004
Category: Customer Dispute
Allegations: REGARDING THE 1992 PURCHASE OF A VARIABLE APPRECIABLE LIFE INSURANCE POLICY, THE CLIENT ALLEGED MISREPRESENTATION. THE CLIENT FURTHER ALLEGED SHE WAS DECEIVED BY THE AGENT. THIS MATTER IS BEING REPORTED BECAUSE THE COMPLAINT HAS ALLEGED NO DOLLAR AMOUNT AND THE FIRM HAS NOT MADE A GOOD FAITH DETERMINATION THAT THE DAMAGES FROM THE ALLEGED CONDUCT WOULD BE LESS THAN $5,000.
Broker Comment: THIS CONCERNS A POLICY INCLUDED IN THE CLASS OF POLICIES THAT WAS THE SUBJECT OF A NATIONWIDE CLASS ACTION SETTLEMENT IN WHICH PRUDENTIAL, ITS INSURANCE AFFILIATES AND PERSONNEL WERE RELEASED CONCERNING LIFE INSURANCE SALES PRACTICES. THE CLASS ACTION SETTLEMENT REMEDIATION PROCESSES FOR ADDRESSING CLAIMS FOR POLICIES INCLUDED IN THE CLASS HAVE CONCLUDED. BECAUSE THE COMPANY AND THE REPRESENTATIVE(S) WERE RELEASED FROM ANY FURTHER LIABILITY OR OBLIGATION WITH RESPECT TO CLAIMS LIKE THOSE MADE BY THE POLICYHOLDER, THE COMPANY IS NOT REVIEWING THIS INQUIRY AND IS MAKING NO FINDING OR FURTHER FILING REGARDING THIS INQUIRY.

Date: December 04, 2003
Category: Customer Dispute
Allegations: REGARDING THE 5/6/02 PURCHASE OF A STRATEGIC PARTNERS POLICY, THE CLIENT ALLEGES FAILURE TO DISCLOSE SURRENDER CHARGES.THIS MATTER IS BEING REPORTED BECAUSE THE COMPLAINANT HAS ALLEGED NO DOLLAR AMOUNT AND THE FIRM HAS NOT MADE A GOOD FAITH DETERMINATION THAT THE DAMAGES FROM THE ALLEGED CONDUCT WOULD BE LESS THAN $5,000.
Broker Comment: THE COMPANY TURN DOWN THE CLAIM. THIS MATTER IS BEING REPORTED CONSISTENT WITH NASDR RULES PERTAINING TO THE REPORTING OF CERTAIN WRITTEN CUSTOMER COMPLAINTS. THE COMPANY BY THIS FILING MAKES NO ALLEGATIONS REGARDING THE ACTIONS OF THE REPRESENTATIVE.

More Information

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BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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