DETROY LEE WOMACK is currently employed as a Broker and/or Investment Adviser at SCF SECURITIES, INC. located at 1150 N DOUTY STREET, STE C, HANFORD, CA, 93230.
DETROY LEE WOMACK has worked at SCF SECURITIES, INC. since February 06, 2012
Disclosure History
DETROY LEE WOMACK has 2 Disclosure Event(s).
Date: February 27, 2002 Category: Customer Dispute Allegations: CUSTOMER ALLEGES UNSUITABLE RECOMMENDATIONS AND TRANSACTIONS IN THEIR ACCOUNTS AND UNAUTHORIZED TRADING. CLAIMANTS FURTHER ALLEGE MISREPRESENTATIONS ADN OMISSIONS OF MATERIAL FACTS. CLAIMANTS DO NOT ALLEGE A SPECIFIC AMOUNT OF COMPENSATORY DAMAGES IN THEIR STATEMENT OF CLAIM. Damage Amount Requested: $380,000.00 Settlement Amount: $150,000.00 Broker Comment: CLIENT BEGAN RELATIONSHIP WITH ADVISOR AS VERY KNOW LEDGEABLE WITH SUBSTANTIAL ASSETS OTHER THAN THE ACCOUNTS WITH ADVISOR. MEETINGS WERE WEEKLY, USUALLY IN ADVISORS OFFICE. CLIENTS ALWAYS WANTED TO BUY WHEN MARKET WAS DOWN. ADVISOR WAS NEVER AWARE OF CLIENT CONCERNS. ADVISOR LEFT WORK DUE TO SEVERE ILLNESS FOR 8 DURING WHICH TIME CLIENT CONTINUES BUYING AGGRESSIVE POSITIONS.
Date: March 20, 2001 Category: Customer Dispute Allegations: CUSTOMER ALLEGES THAT HE HAS A MODERATE RISK TOLERANCE AND THAT HIS FINANCIAL CONSULTANT DID NOT ADVISE HIM OF THE POTENTIAL RISK EXPOSURE INVOLVED WITH INVESTING OUTSIDE OF MODERATE RISK. NO SPECIFIC DAMAGES ALLEGED.
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