DONALD MAURICE GOLSON

DONALD MAURICE GOLSON is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 950 E PACES FERRY RD NE, STES 1200 & 1400, ATLANTA, GA, 30326.

DONALD MAURICE GOLSON has worked at WELLS FARGO CLEARING SERVICES, LLC since July 01, 2003

Disclosure History

DONALD MAURICE GOLSON has 2 Disclosure Event(s).

Date: October 21, 1993
Category: Customer Dispute
Allegations: THE ABOVE REFERENCED CLIENT HAS SUBMITTED ACLAIM FORM TO THE CLAIMS RESOLUTION PROCESS RELATING TO THEPURCHASE OF A LIMITED PARTNERSHIP DURING THE PERIOD 04/83.DONALD M. GOLSON WAS THE BROKER OF RECORD AT THE TIME OF THEPURCHASE. NO DAMAGES ARE ALLEGED, BUT THE AMOUNT OF ACTUALLOSS(OUT-OF-POCKET) IS: $9,781.
Damage Amount Requested: $9,781.00
Settlement Amount: $21,499.00
Broker Comment: A SETTLEMENT FOR THE ABOVE CLIENT HAS BEENREACHED IN THE CLAIMS RESOLUTION PROCESS. THE DOLLAR AMOUNT OFTHE SETTLEMENT IS AS FOLLOWS: $21,499.THIS MATTER RESULTED FROM THE UNPRECEDENTED,UNSOLICITED MAILING OF CLAIMS FORMS BY PSI TO OVER 340,000INVESTORS WHO PURCHASED LIMITED PARTNERSHIP THROUGH PSI FROMJANUARY 1, 1980 TO JANUARY 1, 1991. THE ABOVE- REFERENCEDCLIENT SUBMITTED A CLAIM FORM THE IN RESPONSE TO THIS MAILING.THE CLAIM FORM WAS EVALUATED BY PSI IN ACCORDANCE WITH THESTANDARDS ESTABLISHED UNDER THE SETTLMENT BETWEEN PSI AND THESEC, THE NASD AND THE STATE SECURITIES ADMINISTRATORS. THEREPORTED SETTLEMENT AROSE OUT OF THIS UNIQUE PROCESS. CLIENTNEVER COMPLAINE TO ME OR FIRM TIL HE RECVD CLAIM FORM. CLIENTLIED REGARDING HIS FINCL RESOURES TO STTLMT CLAIM FUND.SETTLEMENT CLAIM COMMITTEE SAID IF THEY HAD KNOWN CLEINTINITALLY BOT 50M MONYEMRT THEY WLD NOT HAVE PD CLIENT AT ALL. IDIDNT MISLEAD OR MISREPRESENT PARTNRSHIP TO CLIENT. HE WASFULLY AWARE OF RISKS & FACTS.

Date: March 28, 1981
Category: Criminal

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.

To view the full report for DONALD MAURICE GOLSON, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.