FABRIZIO GERARDO SANCHEZ is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 10800 PINES BOULEVARD SUITE 9, PEMBROKE PINES, FL, 33026.
FABRIZIO GERARDO SANCHEZ has worked at LPL FINANCIAL LLC since October 29, 2014
Disclosure History
FABRIZIO GERARDO SANCHEZ has 5 Disclosure Event(s).
Date: August 12, 2013 Category: Financial Type: Compromise Disposition: Satisfied/Released Broker Comment: I OWNED THIS HOME SINCE 2004; BETWEEN JUNE 2008 AND OCTOBER 2009, I WAS EMPLOYED BY TWO DIFFERENT BANKS (WASHINGTON MUTUAL BANK AND COLONIAL BANK)WHICH UNFORTUNATLEY FAILED DUE TO BANKRUPTCY AND WERE TAKEN OVER BY THE FDIC. SUBSEQUENTLY, THE FDIC SOLD THE FAILED INSTITUTIONS TO OTHER BANKS. DUE TO THIS, I WAS FORCED TO TAKE A LESSER JOB AT ANOTHER FINANCIAL INSTITUTION WHICH MADE MY ANNUAL INCOME DECREASE BY ABOUT 48%. AS A COMMISSION-ONLY EMPLOYEE, MY EARNINGS WERE SEVERLY AFFECTED BY THE BANK FAILURES. IN AN EFFORT TO SUPPORT MY HOUSEHOLD, WHICH CONSISTED OF MY NON-WORKING SPOUSE AND THREE CHILDREN (AGES, 8, 5, AND 1 AT THE TIME), I WAS UNABLE TO MAKE MY MORTGAGE PAYMENTS AND SUPPORT MY FAMILY AT THE SAME TIME; SINCE I WAS NOT EARNING ENOUGH TO PAY ALL OF MY FAMILIY'S OBLIGATIONS PROMPTLY, I CONTACTED THE CREDITOR IN AN EFFORT TO TRY AND NEGOTIATE A LOWER MORTGAGE PAYMENT OR FIND ANOTHER ALTERNATIVE TO THIS ISSUE. THE CREDITOR AND I AGREED TO A COMPROMISE WHEREBY THE HOUSE WOULD BE SOLD FOR LESS THAN THE AMOUNT OWED, WITH THE DIFFERENCE BEING FORGIVEN TO ME BY THE CREDITOR.
Date: June 15, 2011 Category: Financial Type: Compromise Disposition: Direct Payment Procedure Broker Comment: THIS DEBT WAS ACQUIRED DUE TO THE FACT THAT BETWEEN JUNE 2008 AND OCTOBER 2009, I WAS EMPLOYED BY TWO DIFFERENT BANKS (WASHINGTON MUTUAL BANK AND COLONIAL BANK)WHICH UNFORTUNATLEY FAILED DUE TO BANKRUPTCY AND WERE TAKEN OVER BY THE FDIC. SUBSEQUENTLY, THE FDIC SOLD THE FAILED INSTITUTIONS TO OTHER BANKS. DUE TO THIS, I WAS FORCED TO TAKE A LESSER JOB AT ANOTHER FINANCIAL INSTITUTION WHICH MADE MY ANNUAL INCOME DECREASE BY ABOUT 48%. AS A COMMISSION-ONLY EMPLOYEE, MY EARNINGS WERE SEVERLY AFFECTED BY THE BANK FAILURES. IN AN EFFORT TO SUPPORT MY HOUSEHOLD, WHICH CONSISTED OF MY NON-WORKING SPOUSE AND THREE CHILDREN (AGES, 8, 5, AND 1 AT THE TIME), I WAS FORCED TO UTILIZE MY AVAILABLE CREDIT AS A WAY TO CONTINUE TO STAY CURRENT ON MY BILLS AND HOUSEHOLD OBLIGATIONS. SINCE I WAS NOT EARNING ENOUGH TO PAY ALL OF MY FAMILIY'S OBLIGATIONS PROMPTLY, I CONTACTED THE CREDITOR IN AN EFFORT TO TRY AND SETTLE THE DEBT I HAD ACCRUED. THE CREDITOR AND I AGREED TO A COMPROMISE AND THE DEBT WAS SETTLED FOR LESS THAN WHAT I OWED.
Date: March 15, 2011 Category: Financial Type: Compromise Disposition: Direct Payment Procedure Broker Comment: THIS DEBT WAS ACQUIRED DUE TO THE FACT THAT BETWEEN JUNE 2008 AND OCTOBER 2009, I WAS EMPLOYED BY TWO DIFFERENT BANKS (WASHINGTON MUTUAL BANK AND COLONIAL BANK)WHICH UNFORTUNATLEY FAILED DUE TO BANKRUPTCY AND WERE TAKEN OVER BY THE FDIC. SUBSEQUENTLY, THE FDIC SOLD THE FAILED INSTITUTIONS TO OTHER BANKS. DUE TO THIS, I WAS FORCED TO TAKE A LESSER JOB AT ANOTHER FINANCIAL INSTITUTION WHICH MADE MY ANNUAL INCOME DECREASE BY ABOUT 48%. AS A COMMISSION-ONLY EMPLOYEE, MY EARNINGS WERE SEVERLY AFFECTED BY THE BANK FAILURES. IN AN EFFORT TO SUPPORT MY HOUSEHOLD, WHICH CONSISTED OF MY NON-WORKING SPOUSE AND THREE CHILDREN (AGES, 8, 5, AND 1 AT THE TIME), I WAS FORCED TO UTILIZE MY AVAILABLE CREDIT AS A WAY TO CONTINUE TO STAY CURRENT ON MY BILLS AND HOUSEHOLD OBLIGATIONS. SINCE I WAS NOT EARNING ENOUGH TO PAY ALL OF MY FAMILIY'S OBLIGATIONS PROMPTLY, I CONTACTED THE CREDITOR IN AN EFFORT TO TRY AND SETTLE THE DEBT I HAD ACCRUED. THE CREDITOR AND I AGREED TO A COMPROMISE AND THE DEBT WAS SETTLED FOR LESS THAN WHAT I OWED.
Date: March 04, 2011 Category: Financial Type: Compromise Disposition: Direct Payment Procedure Broker Comment: THIS DEBT WAS ACQUIRED DUE TO THE FACT THAT BETWEEN JUNE 2008 AND OCTOBER 2009, I WAS EMPLOYED BY TWO DIFFERENT BANKS (WASHINGTON MUTUAL BANK AND COLONIAL BANK)WHICH UNFORTUNATLEY FAILED DUE TO BANKRUPTCY AND WERE TAKEN OVER BY THE FDIC. SUBSEQUENTLY, THE FDIC SOLD THE FAILED INSTITUTIONS TO OTHER BANKS. DUE TO THIS, I WAS FORCED TO TAKE A LESSER JOB AT ANOTHER FINANCIAL INSTITUTION WHICH MADE MY ANNUAL INCOME DECREASE BY ABOUT 48%. AS A COMMISSION-ONLY EMPLOYEE, MY EARNINGS WERE SEVERLY AFFECTED BY THE BANK FAILURES. IN AN EFFORT TO SUPPORT MY HOUSEHOLD, WHICH CONSISTED OF MY NON-WORKING SPOUSE AND THREE CHILDREN (AGES, 8, 5, AND 1 AT THE TIME), I WAS FORCED TO UTILIZE MY AVAILABLE CREDIT AS A WAY TO CONTINUE TO STAY CURRENT ON MY BILLS AND HOUSEHOLD OBLIGATIONS. SINCE I WAS NOT EARNING ENOUGH TO PAY ALL OF MY FAMILIY'S OBLIGATIONS PROMPTLY, I CONTACTED THE CREDITOR IN AN EFFORT TO TRY AND SETTLE THE DEBT I HAD ACCRUED. THE CREDITOR AND I AGREED TO A COMPROMISE AND THE DEBT WAS SETTLED FOR LESS THAN WHAT I OWED.
Date: July 19, 2002 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT THE WM WEST COAST EQUITY FUND (B) PURCHASED ON 5/30/02 WAS MISREPRESENTED AND WAS NOT PROPERLY EXPLAINED. Damage Amount Requested: $5,279.17 Broker Comment: BASED UPON OUR INVESTIGATION, IT APPEARS CLIENT WAS FULLY INFORMED AS TO THE DETAILS OF THE PRODUCT PURCHASED. CLIENT'S SIGNED MULTIPLE FORMS ACKNOWLEDGING THEIR UNDERSTANDING, AS WELL AS THEIR RECEIPT OF A PROSPECTUS. PURCHASE OF THE MUTUAL FUND APPEARS SUITABLE BASED UPON FINANCIAL AND SUITABILITY INFORMATION PROVIDED BY CLIENTS.
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