BrokerSearch

BrokerSearch

ERNY GLENN MALAKOFF

ERNY GLENN MALAKOFF is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 20444 REDWOOD ROAD, CASTRO VALLEY, CA, 94546.

ERNY GLENN MALAKOFF has worked at LPL FINANCIAL LLC since December 22, 1995

Disclosure History

ERNY GLENN MALAKOFF has 2 Disclosure Event(s).

Date: July 20, 1994
Category: Customer Dispute
Allegations: BRECH OF FIDUCIARY DUTY, NEGLIGENCE,MISREPRESENTATION
Settlement Amount: $96,000.00
Broker Comment: CLAIM SETTLED WITHOUT ARBITRATION, WITHOUTADMISSION OF GUILT, # IN ORDER TO C URTAIL FURTHER ATTORNEYFEES SETTLEMENT FOR SUM OF $96,000. BROKER/DEALER PAID$77,000. REPRESENTATIVE PAID $19,000, EQUIVALENT TO RETURN OFCOMMISSIONS.Not Provided

Date: July 05, 1994
Category: Customer Dispute
Allegations: FALSE REPRESENTATIONS REGARDING THE SAFETY OFTHE INVESTMENTS, $25,000
Damage Amount Requested: $25,000.00 Damages Granted: $31,250.00
Broker Comment: REPRESENTATIVE PAID $625 TOWARD [CUSTOMER]ARBITRATION FILING FEESNOT PROVIDED

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 ERNY GLENN MALAKOFF, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.

How to choose a broker or investment adviser. Learn More