DAVID CRAIG CHATHAM

DAVID CRAIG CHATHAM is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 825 TOWN AND COUNTRY LN, STE 300, HOUSTON, TX, 77024.

DAVID CRAIG CHATHAM has worked at WELLS FARGO CLEARING SERVICES, LLC since January 03, 2011

Disclosure History

DAVID CRAIG CHATHAM has 2 Disclosure Event(s).

Date: October 29, 2012
Category: Customer Dispute
Allegations: COMPLAINT ALLEGATIONS:CLIENT ALLEGED THAT HE WAS SOLD DIVIDEND CAPITAL REIT WITH THE ASSURANCE THAT IT WOULD SHORTLY BE TRADED PUBLICLY AND WOULD BE LIQUIDATED AT A PROFIT, AND THAT THE RISK INVOLVED WAS MINIMAL. (03/27/2008-02/25/2009)ARBITRATION ALLEGATIONS:CLAIMANT ALLEGES THAT THE INVESTMENTS RECOMMENDED TO HIM BETWEEN MARCH 2008 AND FEBRUARY 2009 WERE UNSUITABLE.
Settlement Amount: $25,000.00
Broker Comment: WITHOUT ADMITTING ANY LIABILITY, THE FIRM SETTLED THE MATTER FOR $25,000.00 TO AVOID THE EXPENSE AND UNCERTAINTY OF FURTHER ARBITRATION AND LITIGATION.

Date: July 25, 2012
Category: Customer Dispute
Allegations: CUSTOMER ALLEGING THAT FA TOLD HIM THE SECURITY HE BOUGHT WAS A STABLE, FLUID PLACE TO INVEST, BUT THAT HAS TURNED OUT NOT TO BE THE CASE. (04/28/2008)
Damage Amount Requested: $6,000.00

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

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.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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