DOUGLAS C LAKE is currently employed as a Broker and/or Investment Adviser at FORESTERS FINANCIAL SERVICES, INC. located at 80 Broad Street, Suite 201, New York, NY, 10004.
DOUGLAS C LAKE has worked at FORESTERS FINANCIAL SERVICES, INC. since January 22, 1986
Disclosure History
DOUGLAS C LAKE has 1 Disclosure Event(s).
Date: June 13, 1995 Category: Customer Dispute Allegations: CLAIMANT ALLEGED BREACH OF FIDUCIARY DUTY,MISREPRESENTATION AND ACCOUNT RELATED NEGLIGENCE. CLAIMANTALLEGED LOSSES OF $87,644.79 AND ASKED FOR TREBLE DAMAGES INTHE AMOUNT OF $262,934.37. Damage Amount Requested: $87,644.79 Settlement Amount: $35,000.00 Broker Comment: THE PARTIES SETTLED THIS MATTER FOR $35,000.FIRST INVESTORS CORPORATION REGISTERED REPRESENTATIVE DOUGLASLAKE WAS NOT HELD LIABLE FOR PAYING ANY PORTION OF THISSETTLEMENT. MR. LAKE WAS NOT THE REGISTERED REPRESENTATIVE ONTHE CLAIMANT'S ACCOUNT. INDEED, IN A LETTER SUPPLIED WITH APREVIOUS FILING, CLAIMANT, CUSTOMER, STATED THAT MR. LAKEWAS NOT INVOLVED IN THE OPENING OF HER ACCOUNT, AND IS NOTRESPONSIBLE FOR ANY ALLEGED LOSSES SHE MAY HAVE INCURRED.NOT PROVIDED
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