DOUGLAS HAROLD STUMBO

DOUGLAS HAROLD STUMBO is currently employed as a Broker and/or Investment Adviser at PFS INVESTMENTS INC. located at 218B E MAIN ST, STE 203, LEXINGTON, SC, 29072.

DOUGLAS HAROLD STUMBO has worked at PFS INVESTMENTS INC. since June 20, 1986

Disclosure History

DOUGLAS HAROLD STUMBO has 2 Disclosure Event(s).

Date: July 19, 2012
Category: Judgment / Lien
Judgment/Lien Amount: $11,208.00
Judgment/Lien Type: Civil

Date: March 11, 2002
Category: Customer Dispute
Allegations: [CUSTOMER] ALLEGED THAT I DID NOT CORRECTLY ALLOCATE THE FUNDS WITHIN HIS INVESTMENT PORTFOLIO.
Damage Amount Requested: $12,000.00
Settlement Amount: $12,969.15
Broker Comment: THE FIRM SETTLED [CUSTOMER'S] COMPLAINT BY REVERSING THE INITIAL TRADE AND PLACING HIS FUNDS INTO A BALANCED PORTFOLIO AT A COST OF $12,969.15. I WAS REQUIRED TI RETURN MY COMMISSIONS OF $2042 THAT I EARNED ON THIS TRADE.

More Information

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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.

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