EUGENE CHRISTENSEN is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 450 OLD COUNTRY RD, RIVERHEAD, NY, 11901.
EUGENE CHRISTENSEN has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since January 12, 1985
EUGENE CHRISTENSEN has 2 Disclosure Event(s).
Date: June 07, 2006 Category: Customer Dispute Allegations: CUSTOMER ALLEGED THAT FINANCIAL ADVISOR MISREPRESENTED MATERIAL FACTS, EXCESSIVELY TRADED, AND MADE UNAUTHORIZEDAND UNSUITABLE INVESTMENTS. Damage Amount Requested: $1,500,000.00 Settlement Amount: $110,000.00
Date: March 28, 2003 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT THE ALLIANCE CORPORATE BOND FUND WAS SOLD AND THE ING PILGRIM WORLDWIDE GROWTH FUND WAS PURCHASED WITHOUT HER AUTHORIZATION. THE TRANSACTIONS OCCURRED IN OCTOBER 2000. COMPLAINT MADE IN MARCH 2003. DAMAGES UNSPECIFIED. Broker Comment: MERRILL LYNCH AND MR. CHRISTENSEN DENY THE CLIENT'S ALLEGATIONS AND RESPONDED ACCORDINGLY. DESPITE HAVING RECEIVED TRADE CONFIRMATION NOTICES REGARDING THE TRADES AT ISSUE, WE NOTE THAT THE CLIENT DID NOT CONTACT MERRILL LYNCH TO REPORT THE ALLEGEDLY UNAUTHORIZED TRADES UNTILALMOST 2 1/2 YEARS AFTER THE TRANSACTIONS OCCURRED. CLIENT ALSO RECEIVED MONTHLY ACCOUNT STATEMENTS THAT DETAILED THE ACTIVITY WITHIN HER ACCOUNT. NEVERTHELESS, MR. CHRISTENSEN IS ADAMANT THAT HE RECEIVED THE CLIENT'S AUTHORIZATION BEFORE EXECUTING ANY TRADES.
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