Craig W Felten is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 21215 BURBANK BLVD, WOODLAND HILLS, CA, 91367.
Craig W Felten has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since December 20, 1988
Disclosure History
Craig W Felten has 2 Disclosure Event(s).
Date: May 15, 2001 Category: Customer Dispute Allegations: IN RESPONSE TO A CUSTOMER SATISFACTION SURVEY, THE CLIENT STATED THAT THE FINANCIAL ADVISOR DID NOT INFORM HER SHE WAS PURCHASING A JUNK BOND FUND. NO DAMAGES SPECIFIED. Broker Comment: THE CLIENT PURCHASEAD THIS INVESTMENT IN 1997. ALTHOUGH SHE HAS STATED THAT EVERYTHING IS FINE SHE MENTIONED THIS MATTER ON EVERY CLIENT SURVEY. THERE IS NO MERIT TO THE ALLEGATION AND THE COMPLAINT IS CLOSED.
Date: May 15, 1995 Category: Customer Dispute Allegations: THE [CUSTOMERS] CLAIMED LOSES OF $40,012.17 AS ARESULT OF THE FINANCIAL CONSULTANT'S ALLEGED FAILURE TO CARRYOUT CERTAIN SALE INSTRUCTIONS ON NOVEMBER 2, 1994. Damage Amount Requested: $40,012.17 Settlement Amount: $25,000.00 Broker Comment: MR. FELTON WAS CERTAIN THAT THE ALLEGEDINSTRUCTIONS HAD NOT BEEN GIVEN AND MERRILL LYNCH WAS OF THEPOSITION THAT MR. FELTEN'S VERSION OF EVENTS WAS HIGHLYCREDIBLE. HOWEVER, TO AVOID THE COSTS AND UNCERTAINTIES OFARBITRATION, A BUSINESS DECISION WAS REACHED TO SETTLE FOR$25,000 OR JUST OVER ONE HALF OF THE CLAIMNOT PROVIDED
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