DEBRA J GALLEGOS-CALDWELL is currently employed as a Broker and/or Investment Adviser at CETERA ADVISOR NETWORKS LLC located at 2444 E SOUTHERN AVE STE 112, MESA, AZ, 85204.
DEBRA J GALLEGOS-CALDWELL has worked at CETERA ADVISOR NETWORKS LLC since August 13, 2008
DEBRA J GALLEGOS-CALDWELL has 2 Disclosure Event(s).
Date: September 14, 2010 Category: Financial Type: Bankruptcy Disposition: Discharged
Date: October 27, 1998 Category: Customer Dispute Allegations: THE TRUSTEE OF THE TRST LIQUIDATED MUTUAL FUNDS AND INVESTED IN TAX-DEFERRED ANNUITIES IN THE DECEDENTS TRUST UPON MY RECOMMENDATION. THEY ALLEGE THAT THE LIQUIDATION OF THE MUTUAL FUNDS CAUSED A SUBSTANTIAL AMOUNT OF UNNECESSARY CAPITAL GAIN TAX. THEY ALLEGE THAT THE CONVERSION ALSO CAUSED FUTURE TAXATION FROM A CAPITAL GAIN TO ORDINARY INCOME WHICH COULD BE HIGHER. THEY ALLEGE THAT THE ANNUITIES ARE NOT A TAX-DEFERRED VEHICLE. THEY INITIALLY ASKED FOR $211,000.00 ON OCTOBER 27, 1998. THE LAST LETTER DATED AUGUST 30, 1999 STATED THEY WOULD SETTLE FOR $150,000.00 MY ATTORNEY SENT THEM A LETTER ON SEPTEMBER 27, 1999 OFFERING A CASH SETTLEMENT OF $49,467.93 THEY HAVE HAVE SINCE ASKED FOR A SETTLEMENT OF 118,000 IN A LETTER DATED APRIL 19, 2001. MY ATTORNEY WROTE BACK STATING THIS SHOULD BE PAID LESS. THEY HAVE NOT YET RESPONDED. Settlement Amount: $75,000.00 Broker Comment: SETTLED WITHOUT ADMISSION OF LIABILITY. CASE INVOLVED COMPLEX TAX ISSUES AND EXPENSE AND TIME TO DEFEND WOULD MEET OR EXCEED THE COST OF SETTLING.
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.
To view the full report for DEBRA J GALLEGOS-CALDWELL, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More