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CRAIG THOMAS MUFF

CRAIG THOMAS MUFF is currently employed as a Broker and/or Investment Adviser at STIFEL, NICOLAUS & COMPANY, INCORPORATED located at 3101 EMRICK BLVD, 2ND FLOOR, BETHLEHEM TOWNSHIP, PA, 18020.

CRAIG THOMAS MUFF has worked at STIFEL, NICOLAUS & COMPANY, INCORPORATED since November 30, 2012

Disclosure History

CRAIG THOMAS MUFF has 4 Disclosure Event(s).

Date: January 05, 1988
Category: Customer Dispute
Allegations: UNSUITABLILITY, UNAUTHORIZED TRADING,CHURNING. -CHARGES ALLEGED AGAINST FINANCIAL CONSULTANT-[BROKER] ALLEGED DAMAGES $200,000. CRAIG MUFF-FAILURE TO SUPERVISEFINANCIAL CONSULTANT CRAIG MUFF- BRANCH MANAGER AT THE TIME.
Damage Amount Requested: $200,000.00
Settlement Amount: $27,500.00
Broker Comment: SETTLEMENT $27,500. PAID BY SHEARSON LEHMANBROTHERS INC.PLAINTIFF HAD BEEN INVESTING SINCE THE 1940'S ANDADMITTED THAT HE HAD INVESTED IN STOCK OPTIONS YEARS BEFOREOPENING AN ACCOUNT AT HUTTON IN 1987. HIS LOSSES (WHICH WEREINCURRED IN BOTH STOCK AND INDEX OPTIONS POSITIONS) WERE ARESULT OF THE OCTOBER 1987 CRASH. HE SUED ONLY AFTER INCURRINGLOSSES, CLAIMING HE WAS AN UNSOPHISTICATED INVESTOR. IUNDERSTAND THAT THE MATTER WAS SETTLED FOR BUSINESSREASONSMOSET PARTICULARLY AVOID THE COST OF A ONE WEEK JURYTRIAL. MR. MUFF WILL NOT BE ANSWERING YES TO 22H-1 & 22H-2BECAUSE THESE QUESTIONS ARE NOT APPLICABLE TO HIM HE WAS ONLYNAMED IN FAILING TO SUPERVISE [BROKER].

Date: April 03, 1974
Category: Regulatory
Initiated By: SECURITIES AND EXCHANGE COMMISSION
Resolution: Consent SanctionDetails:
Sanctions: Suspension
Broker Comment: ORDER ISSUED 4/3/74 WITH FINDINGS BYTHE SEC SUSPENDING RESPONDENT FROM ASSOCIATION WITH ANY BROKEROR DEALER FOR A PERIOD OF 30 DAYS, AFTER WHICH HE MAY NOT BECOMEASSOCIATED WITH A BROKER OR DEALER IN AN OWNERSHIP OR IN ANYCAPACITY IN WHICH HE IS NOT SUBJECT TO PROPER SUPERVISION.SUSPENSION EFFECTIVE AS OF OPENING OF BUSINESS ON 4/8/74. IT HADBEEN FOUND THAT DURING THE PERIOD FROM ABOUT 1/68 TO 8/69,RESPONDENT WILLFULLY VIOLATED AND WILLFULLY AIDED AND ABETTEDVIOLATIONS OF SEC. 5 AND 17(A) OF THE 1933 ACT AND SEC. 10(B)AND RULE 10B-5 OF THE 1934 ACT IN CONNECTION WITH THE OFFER,SALE AND PURCHASE OF STOCK OF INTERNATIONAL RESOURCES, INC.(REL. 10713, '34 ACT, 4/3/74).

Date: January 31, 1971
Category: Regulatory
Initiated By: NEW YORK STOCK EXCHANGE
Allegations: N/A
Resolution: Decision SanctionDetails:
Sanctions: Suspension Sanction Details: N/A
Broker Comment: NYSE SUSPENSION ON 1/31/71

Date: December 10, 1969
Category: Regulatory
Initiated By: PENNSYLVANIA
Resolution: Decision SanctionDetails:
Sanctions: Suspension
Broker Comment: A SUSPENSION FOR TWO WEEKS BY THE PENNSYLVANIA SECURITIES COMMISSION ON 12/10/69 UNDER SECTION 16 OF THE PENNSYLVANIA SECURITIES ACT.

More Information

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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.

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