DANNY RAY HARMAN is currently employed as a Broker and/or Investment Adviser at CETERA ADVISORS LLC located at 421 W RIVERSIDE AVE STE 330, SPOKANE, WA, 99201.
DANNY RAY HARMAN has worked at CETERA ADVISORS LLC since February 28, 2012
Disclosure History
DANNY RAY HARMAN has 1 Disclosure Event(s).
Date: July 30, 2004 Category: Customer Dispute Allegations: PLAINTIFF INVESTED OR LOANED MONEY TO TWO OF HIS FRIENDS, [THIRD PARTY] AND [THIRD PARTY]. [THIRD PARTIES] HAD TAKEN AN INTEREST IN CERTAIN TECHNOLOGY DEVELOPED BY [THIRD PARTY], AND WANTED TO LICENSE IT FROM CHEMSHOT, INC., AN ENTITY OWNED BY [THIRD PARTY]. CHEMSHOT, INC. WAS A CLIENT OF DAN R. HARMAN, C.P.A., P.S. EVIDENCE SUGGESTS THAT [THIRD PARTIES] SPENT CUSTOMER'S MONEY, BUT RATHER THAN GO AFTER HIS FRIENDS AND BUSINESS ASSOCIATES FOR COMPENSATION HE CHOSE TO SUE [THIRD PARTY] AND HARMAN. RECOGNIZING THAT [THIRD PARTY] AND HIS COMPANY CHEMSHOT, INC., HAD NO MONEY, CUSTOMER DISMISSED [THIRD PARTY] FROM THE LAWSUIT. NEITHER [THIRD PARTY], [THIRD PARTY] NOR CUSTOMER WERE EVER CLIENTS OF DAN R. HARMAN, C.P.A., P.S. REP ACTED ONLY AS A CPA FOR THE BUSINESS OF THE CO-DEFENDANT [THIRD PARTY], CHEMSHOT INC. NEVER IN A REGISTERED REP CAPACITY AND HAD NO DEALINGS WITH THE PLAINTIFF. PLAINTIFF ALLEGED NEGLIGENT MISREPRESENTATION AND THAT REP VIOLATED WASHINGTON STATE SECURITIES ACT. REPRESENTATIVE VIGOROUSLY DENIES ALL ALLEGATIONS. Damage Amount Requested: $100,000.00 Settlement Amount: $35,000.00 Broker Comment: LAWSUIT WAS ORIGINALLY DISMISSED ON JUNE 3, 2005. PLAINTIFF SUBSEQUENTLY FILED AN APPEAL. IN ORDER TO AVOID THE ONGOING EXPENSE OF LITIGATION, REP'S INSURER AND PLAINTIFF AGREED THAT IN EXCHANGE FOR A CASH SETTLEMENT OF $35000, PLAINTIFF WOULD DISMISS HIS APPEAL WITH PREJUDICE AND RELEASE REP FROM ALL CLAIMS.
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