DONALD RICHARD HEHIR

DONALD RICHARD HEHIR is currently employed as a Broker and/or Investment Adviser at COMMONWEALTH FINANCIAL NETWORK located at 1377 Motor Parkway, Suite 206, Islandia, NY, 11749.

DONALD RICHARD HEHIR has worked at COMMONWEALTH FINANCIAL NETWORK since May 10, 2010

Disclosure History

DONALD RICHARD HEHIR has 2 Disclosure Event(s).

Date: March 02, 2017
Category: Customer Dispute
Allegations: Customers alleged the advisor did not clearly explain the variable life insurance policies purchased in May 2000.
Broker Comment: The complaint Met Life received in March 2017, citing something from the year 2000 (nearly 17 years ago) was immediately denied. I cannot remember the last time I heard from, or spoke with, the client. I retired from Met Life in 2001 and affiliated with a new firm. The client has never once contacted me these last sixteen years.

Date: June 02, 2004
Category: Customer Dispute
Allegations: CLIENT ALLEGES FRAUD IN THE WRITING OF THE VARIABLE LIFE INSURANCE POLICY SHE PURCHASED IN 1998.
Damage Amount Requested: $20,200.00
Settlement Amount: $20,200.00
Broker Comment: IT SHOULD BE NOTED, MET LIFE SETTLED THIS COMPLIANT PRIOR TO ANY CONTACT WITH ME. I WAS NOTIFIED ON JUNE 23, 2004 BY US MAIL OF THE CUSTOMERS COMPLIANT, AND AS NOTED ABOVE, MET LIFE SETTLED THIS CASE ON JUNE 22, 2004. I WAS NOT CONTACTED NOR ASKED AS TO THE DISPOSTION OF FACTS OF THE CASE, OR THE MERITS OF THE ACCUSATIONS PRIOR TO SETTLEMNT. MOREOVER, I HAVE NEVER RECEIVED A COPY OF THE COMPLIANT OR THE ABILTY TO DEFEND THE ALLEGATIONS. MY RECOLLECTION IS, THIS WAS A CASE OF A CLIENT PURCHASING ADDITIONAL LIFE INSURANCE FOR HIS FAMILY.

More Information

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BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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