DAVID LEE WEISS

DAVID LEE WEISS is currently employed as a Broker and/or Investment Adviser at VARIABLE INVESTMENT ADVISORS, INC. located at 4305 S. LOUISE AVE STE 101A, SIOUX FALLS, SD, 57106-3115.

DAVID LEE WEISS has worked at VARIABLE INVESTMENT ADVISORS, INC. since January 23, 2003

Disclosure History

DAVID LEE WEISS has 1 Disclosure Event(s).

Date: October 01, 1998
Category: Customer Dispute
Allegations: CUSTOMER ALLEGED THAT IN AUGUST 1996 I SOLD HER AN ANNUITY PRODUCT THAT WAS NOT SUITED FOR HER FINANCIAL SITUATION. SHE WAS NOT HAPPY WITH IT SEVERAL YEARS AFTER PURCHASE AND WANTED HER ORIGINAL DEPOSIT AND INTEREST EARNED RETURNED TO HER WITHOUT SURRENDER CHARGES.
Damage Amount Requested: $37,700.00
Settlement Amount: $1,800.00
Broker Comment: AMERICAN LIFE & CASUALTY REFUNDED THE VALUE OF CUSTOMER'S ANNUITY AND THE CASE WAS SETTLED FOR $1800.00 OUTSIDE OF ARBITRATION. I WAS NOT FOUND TO BE IN ERROR IN THIS MATTER, BUT THE SETTLEMENT WAS THE LEAST COSTLY ROUTE FOR ALL PARTIES INVOLVED AND WAS SETTLED OUTSIDE OF ARBITRATION.

More Information

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