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
Disclosure History
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.
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 EUGENE CHRISTENSEN, 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Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.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.