CHESTER JACKSON SHEFFIELD is currently employed as a Broker and/or Investment Adviser at RAYMOND JAMES & ASSOCIATES, INC. located at 100 North Main Street, Suite 2400, Winston-Salem, NC, 27101.
CHESTER JACKSON SHEFFIELD has worked at RAYMOND JAMES & ASSOCIATES, INC. since September 06, 2016
Disclosure History
CHESTER JACKSON SHEFFIELD has 2 Disclosure Event(s).
Date: November 21, 2014 Category: Customer Dispute Allegations: **UPDATE - THIS DISCLOSURE IS NO LONGER REPORTABLE ON THE CURRENT U4 BECAUSE IT WAS FILED OVER 24 MONTHS AND DID NOT SETTLE FOR $15,000 OR MORE.** CLIENT CLAIMS INVESTMENT WAS MISREPRESENTED AND REQUESTED RETURN OF PRINCIPAL INVESTMENT AND REIMBURSEMENT OF FEES. Broker Comment: **UPDATE - THIS DISCLOSURE IS NO LONGER REPORTABLE ON THE CURRENT U4 BECAUSE IT WAS FILED OVER 24 MONTHS AND DID NOT SETTLE FOR $15,000 OR MORE.**
Date: September 15, 2009 Category: Customer Dispute Allegations: CLAIMANT ALLEGES THAT THE SALE OF THE ARAVALI FUND WAS MISREPRESENTED TO IT AND THAT ITS SUBSEQUENT INVESTMENT IN THE FUND WAS UNSUITABLE FOR ITS ACCOUNT. CLAIMANT ALSO ALLEGES THAT DEUTSCHE BANK SECURITIES INC. ("DBSI") BREACHED ITS FIDUCIARY DUTIES BY NOT CONDUCTING SUFFICIENT DUE DILIGENCE WITH RESPECT TO THE ARAVALI FUND. ACTIVITY PERIOD WAS MAY 2007 THROUGH FEBRUARY 2009. Damage Amount Requested: $500,000.00 Settlement Amount: $145,000.00
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