DAVID ALLEN JAFFA is currently employed as a Broker and/or Investment Adviser at CETERA ADVISOR NETWORKS LLC located at 30833 NORTHWESTERN HWY STE 125, FARMINGTON HILLS, MI, 48334.
DAVID ALLEN JAFFA has worked at CETERA ADVISOR NETWORKS LLC since May 23, 1989
Disclosure History
DAVID ALLEN JAFFA has 4 Disclosure Event(s).
Date: June 23, 2011 Category: Customer Dispute Allegations: CLIENT ALLEGES THE REP DEPOSITED QUALIFIED FUNDS INTO A NON-QUALIFIED ACCOUNT CAUSING TAX CONSEQUENCES IN APPROXIMATELY APRIL 2009. Damage Amount Requested: $37,000.00 Settlement Amount: $275.63
Date: January 13, 2009 Category: Customer Dispute Allegations: CLIENT ALLEGES REPRESENTATIVE DID NOT FOLLOW CLIENTS' WISHES TO CHANGE ACCOUNT PORTFOLIO IN ORDER TO REDUCE RISK LEVEL, OR LIMIT OR ELIMINATE LOSS. Damage Amount Requested: $45,000.00 Settlement Amount: $35,000.00
Date: April 08, 2003 Category: Customer Dispute Allegations: MUTUAL FUND SUITABILITY - JUNE 1998 Damage Amount Requested: $125,000.00 Settlement Amount: $12,500.00 03-02702
Date: August 31, 1989 Category: Customer Dispute Allegations: THE [CUSTOMERS'] DEMAND JUDGEMENT AGAINST MEIN AN AMOUNT EQUAL TO WHICH THEY ARE FOUND ENTITLED TO,TOGETHER WITH INTEREST AND ATTORNEY'S FEES. ALLEGED LOSS DUE TOALLEGED BREACH OF FIDUCIARY DUTIES AND UNSUITABILITY RELATED TOTRANSACTION EFFECTED AT A PREVIOUS BROKER/DEALER. Settlement Amount: $25,000.00 Broker Comment: MR. JAFFA DENIES ALL ALLEGATIONS AND CLAIMSERRORS AND OMISISON INSURANCE CARRIER SETTLED AT ITS OWNDISCRETION, FOR $25,000, IN AVOIDANCE OF ESTIMATED POTENTIALLEGAL COSTS.NOT PROVIDED
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