Douglas E Hill is currently employed as a Broker and/or Investment Adviser at EDWARD JONES located at 12555 MANCHESTER ROAD, ST. LOUIS, MO, 63131.
Douglas E Hill has worked at EDWARD JONES since December 04, 1968
Disclosure History
Douglas E Hill has 5 Disclosure Event(s).
Date: March 15, 2004 Category: Customer Dispute Allegations: ALL MEMBERS OF THE EXECUTIVE COMMITTEE WERE NAMED WITH NO ALLEGATIONS OF INDIVIDUAL MISCONDUCT. PURPORTED CLASS ACTION INVOLVING MUTUAL FUND PURCHASERS ALLEGING VIOLATIONS OF SECTION 10(B) OF THE EXCHANGE ACT AND SEC RULE 10B-5, FRAUD ON THE MARKET AND VIOLATION OF SECTION 20(A) OF THE EXCHANGE ACT WITH REGARD TO REVENUE SHARING. (AMOUNT CLAIMED: UNSPECIFIED COMPENSATORY DAMAGES, COSTS, ATTORNEYS' FEES AND INTEREST) Settlement Amount: $127,500,000.00 Broker Comment: SETTLED AS PART OF SPAHN V. EDWARD D. JONES & CO., ET AL. (12/12/06) FINAL APPROVAL TO THE SETTLEMENT WAS GRANTED 10/25/07.
Date: February 13, 2004 Category: Customer Dispute Allegations: ALL MEMBERS OF THE EXECUTIVE COMMITTEE WERE NAMED WITH NO ALLEGATIONS OF INDIVIDUAL MISCONDUCT. PURPORTED CLASS ACTION OF MUTUAL FUND PURCHASERS ALLEGING THE VIOLATION OF SECURITIES LAWS INCLUDING 10(B) OF THE EXCHANGE ACT, RULE 10B-5, SECTION 20(A) OF THE EXCHANGE ACT AND FRAUD ON THE MARKET WITH REGARD TO REVENUE SHARING. (AMOUNT CLAIMED: UNSPECIFIED COMPENSATORY DAMAGES, COSTS, ATTOREYS' FEES AND EXPENSES) Settlement Amount: $127,500,000.00 Broker Comment: SETTLED AS PART OF SPAHN V. EDWARD D. JONES & CO., ET AL. (12/12/06) FINAL APPROVAL TO THE SETTLEMENT WAS GRANTED 10/25/07.
Date: January 29, 2004 Category: Customer Dispute Allegations: ALL MEMBERS OF THE EXECUTIVE COMMITTEE WERE NAMED WITH NO ALLEGATIONS OF INDIVIDUAL MISCONDUCT. ALLEGED CLASS ACTION WITH CLAIMS OF VIOLATION OF 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 AND VIOLATION OF SECTION 20(A) OF THE EXCHANGE ACT IN PARTICIPATING IN REVENUE SHARING WITH MUTUAL FUND COMPANIES. (AMOUNT CLAIMED: NOT SPECIFIED BUT TO INCLUDE INTEREST, COMPENSATORY DAMAGES, COSTS, ATTORNEYUS' FEE AND EXPERT FEES) Settlement Amount: $127,500,000.00 Broker Comment: SETTLED AS PART OF SPAHN V. EDWARD D. JONES & CO., ET AL. (12/12/06) FINAL APPROVAL TO THE SETTLEMENT WAS GRANTED 10/25/07.
Date: January 23, 2004 Category: Customer Dispute Allegations: ALL MEMBERS OF THE EXECUTIVE COMMITTEE WERE NAMED WITH NO ALLEGATIONS OF INDIVIDUAL MISCONDUCT. ALLEGED CLASS ACTION WITH CLAIMS OF VIOLATION OF 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 AND VIOLATION OF SECTION 20(A) OF THE EXCHANGE ACT IN PARTICIPATING IN REVENUE SHARING WITH MUTUAL FUND COMPANIES. (AMOUNT CLAIMED: NOT SPECIFIED) Settlement Amount: $127,500,000.00 Broker Comment: A SETTLEMENT WAS PRELIMINARILY APPROVED BY THE U. S. DISTRICT COURT EASTERN DISTRICT OF MISSOURI AND THE CIRCUIT COURT OF THE CITY OF ST. LOUIS, MISSOURIINVOLVING A CLASS OF PERSONS WHO BETWEEN JANUARY 1, 1999 AND DECEMBER 31,2004 PURCHASED OR ACQUIRED SHARES IN THE MUTUAL FUND FAMILIES LORD ABBETT & CO., AMERICAN FUNDS, FEDERATED INVESTORS, INC., GOLDMAN SACHS GROUP, INC., HARTFORD MUTUAL FUNDS, INC., PUTNAM INVESTMENTS AND VAN KAMPEN INVESTMENTS THROUGH JONES EITHER AS BROKER OR AS LISTED AS BROKER/DEALER OF RECORD. JONES HAS PAID $55,000,000 INTO THE SETTLEMENT FUND. FOLLOWING FINAL COURT APPROVAL THE MONEY WILL BE PAID TO PLAINTIFFS' ATTORNEYS' FOR FEES AND TO CLASS MEMBERS WHO ARE NO LONGER CUSTOMERS OF JONES. IN ADDITION, JONES WILL DISTRIBUTE$72,500,000 IN CREDIT VOUCHERS TO CLASS MEMBERS WHO ARE CURRENT CUSTOMERS OF JONES. (12/12/06) FINAL APPROVAL TO THE SETTLEMENT WAS GRANTED ON 10/25/07.
Date: January 10, 2004 Category: Customer Dispute Allegations: ALL MEMBERS OF THE EXECUTIVE COMMITTEE WERE NAMED WITH NO ALLEGATIONS OF INDIVIDUAL MISCONDUCT. PURPORTED CLASS ACTION OF MUTUAL FUND PURCHASERS ALLEGING THE VIOLATION OF SECURITIES LAWS INCLUDING 10(B) OF THE EXCHANGE ACT, RULE 10B-5, SECTION 20(A) OF THE EXCHANGE ACT AND FRAUD ON THE MARKET WITH REGARD TO REVENUE SHARING. (AMOUNT CLAIMED: UNSPECIFIED COMPENSATORY DAMAGES, COSTS, ATTORNEYS' FEES AND EXPENSES. Settlement Amount: $127,500,000.00 Broker Comment: SETTLED AS PART OF SPAHN V. EDWARD D. JONES & CO., ET AL. (12/12/06) FINAL APPROVAL TO THE SETTLEMENT WAS GRANTED 10/25/07.
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 Douglas E Hill, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
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 Removal
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.