DONALD I MILLS is currently employed as a Broker and/or Investment Adviser at RBC CAPITAL MARKETS, LLC located at 655 W. BROADWAY, STE 1000, SAN DIEGO, CA, 92101-8485.
DONALD I MILLS has worked at RBC CAPITAL MARKETS, LLC since November 09, 2012
DONALD I MILLS has 4 Disclosure Event(s).
Date: January 26, 2000 Category: Customer Dispute Allegations: CLIENT ALLEGED THAT SHE "EXPERIENCED A BLATANT LACK OF FIDUCIARY RESPONSIBILITY" IN THAT SHE WAS NOT CONTACTED ABOUT THE "CONTINUING LOSS OF FUNDS" IN HER ACCOUNTS.1997-1999 Damage Amount Requested: $29,770.74
Date: December 01, 1992 Category: Customer Dispute Allegations: UNSUITABLE SHORT SALE, FAILURE TO FULLYDISCLOSE RISKS AND FAILURE TO DISCLOSE UNREALIZED LOSS. Settlement Amount: $100,000.00 Broker Comment: COMPLAINT WAS SETTLED BY MERRILL LYNCH IN THEAMOUNT OF $100,000. I DID NOT CONTRIBUTE TO THIS SETTLEMENT.THE ONLY KNOWLEDGE I HAD OF THIS COMPLAINT WAS ASINGLE TELEPHONE CALL FROM ML ADMINISTRATIVE MANAGER, LARRYBECK, IN EARLY OCTOBER 1992. I TOLD HIM CLIENT HAD NO BASIS FORCOMPLAINT. CLIENT HAD DONE MAY SHORT SALES DURING PRIOR 4 YARS.TOLD MR. BECK TO DIRECT ANY CORRESPONDENCE CONCERNING THISMATTER TO MY COUNSEL. MERRILL LYNCH NEVER CONTACTED ME NOR MYCOUNSEL AFTER THAT SINGLE CONVERSATION. CLIENT WAS FULLY AWAREOF RISKS IN SHORT SALES. CLIENT WAS ON KEY CLIENT STATUS AND,THEREFORE, RECEIVED DETAILD GAIN AND LOSS INFORMATION ON EACHINVESTMENT POSITION ON A MONTHLY BASIS. I ALSO SPOKE WITH HERON A REGULAR BASIS.
Date: July 23, 1991 Category: Customer Dispute Allegations: MISHANDLING OF ACCOUNT--UNSUITABILITY ANDUNATHORIZED TRADES RESULTING IN LOSS OF $170,000. Damage Amount Requested: $170,000.00 Settlement Amount: $10,000.00 Broker Comment: MERRILL LYNCH SETTLED WITH CLIENT FOR $10,000.AT NO TIME DID I VIOLATE ANY EXCHANGE RULES ORREGULATIONS IN ANY OF MY DEALINGS WITH [CUSTOMER]. MERRILLLYNCH COMPLETELY DISPUTED [CUSTOMER'S] CLAIMS ON SEVERALOCCASIONS. I DO NOT FEEL HIS LOSSES WERE ANYWHERE NEAR THE$170,000 HE CLAIMS, HOWEVER, MERRILL LYNCH FELT IT WAS IN THEIRBEST INTEREST TO SETTLE THIS MATTER FOR $10,000 TO AVOID THECOST OF FURTHER LITIGATION.
Date: April 01, 1989 Category: Customer Dispute Allegations: CLAIMANTS' ALLEGE THAT FC MILLS MISHANDLEDHIS ACCOUNT. ALLEGATIONS REGARDING SUITABILITY ANDUNAUTHORIZED TRADING WERE ASSERTED. MERRILL LYNCH DENIED THESEALLEGATIONS. HOWEVER, SETTLEMENT WAS REACHED BECAUSE OF THE ILLHEALTH AND AGE OF THE CLAIMANT AS WELL AS THE COSTS OF DEFENSE. CLAIMANT CLAIMED ACTUAL DAMAGES IN THE AMOUNT OF $68,000.00. Damage Amount Requested: $68,000.00 Settlement Amount: $42,500.00 Broker Comment: ON THE RECOMMENDATION OF OUTSIDE COUNSEL WESETTLED THIS MATTER FOR $42,500.Not Provided
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