DALE FRANCIS ROEHRICH

DALE FRANCIS ROEHRICH is currently employed as a Broker and/or Investment Adviser at PARKLAND SECURITIES, LLC located at 2506 35TH AVE SW, FARGO, ND, 58104.

DALE FRANCIS ROEHRICH has worked at PARKLAND SECURITIES, LLC since November 11, 2005

Disclosure History

DALE FRANCIS ROEHRICH has 4 Disclosure Event(s).

Date: February 03, 2014
Category: Customer Dispute
Allegations: CLIENTS PURCHASED A FIXED IMMEDIATE ANNUITY IN NOVEMBER 2012 FOR INCOME. CLIENT'S HEALTH DETERIORATED AND REQUIRED THE ASSISTANCE OF MEDICAID; THE ANNUITY PURCHASED IS NOW CONSIDERED AN ASSET, AND THEREFORE THE CLIENT DOES NOT MEET THE MEDICAID REQUIREMENTS.

Date: June 03, 2005
Category: Regulatory
Initiated By: NORTH DAKOTA
Allegations: ROEHRICH EXCHANGED A LIFE INSURANCE POLICY FOR A VARIABLE LIFE INSURANCE POLICY THAT WAS NOT SUITABLE FOR THE INVESTOR. THE INVESTMENT SUBACCOUNTS WERE NOT SUITABILY ALLOCATED FOR THIS INVESTOR.
Resolution: Consent SanctionDetails:
Sanctions: Monetary/Fine SanctionDetails:
Amount: $5,000.00 Sanction Details: CIVIL PENALTY PAID.

Date: May 27, 2004
Category: Customer Dispute
Allegations: ACCORDING TO PRUCO SECURITIES, THE CLIENT ALLEGES AN UNSUITABLE RECOMMENDATION REGARDING A REPLACEMENT AND BORROWING FROM AN EXISTING POLICY TO PAY PREMIUM ON A NEW POLICY. PRUCO ALLEGES IT CANNOT DETERMINE THE AMOUNT OF ALLEGED DAMAGES
Settlement Amount: $625.94

Date: September 03, 2002
Category: Customer Dispute
Allegations: REGARDING THE 1996 PURCHASE OF A VARIABLE APPRECIABLE LIFE INSURANCE POLICY, THE CLIENT ALLEGED MISREPRESENTATION CONCERNING THE POLICY BEING SOLD PRIMARILY AS A LIFE INSURANCE POLICY. THE CLIENT ALLEGED HE WANTED A LIFE INSURANCE POLICY AND NOT AN INVESTMENT POLICY. DAMAGES UNSPECIFIED, HOWEVER, THE COMPANY'S GOOD FAITH DETERMINATION ESTIMATES THEM TO BE APPROXIMATELY $9,489.37.
Damage Amount Requested: $9,489.37
Settlement Amount: $9,720.21
Broker Comment: I HAD NO KNOWLEDGE OF THIS COMPLAINT PRIOR TO RECEIVING A REQUEST (FROM MY CURRENT B/D ON 9/19/02) TO UPDATE MY FORM U-4.

More Information

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