FRANCIS RALPH OATES is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 430 DRUMMOND ST STE 1, [VACATION/SECONDARY HOME], MORGANTOWN, WV, 26505.
FRANCIS RALPH OATES has worked at WELLS FARGO CLEARING SERVICES, LLC since July 01, 2003
Disclosure History
FRANCIS RALPH OATES has 2 Disclosure Event(s).
Date: March 15, 1995 Category: Customer Dispute Allegations: CUSTOMER WHO HAS SPENT PRATICALLY EVERY DATTHE PAST 16 YEARS IN PRUDENTIAL SECURITIES` MORGANTOWN, WVOFFICE ALLEGES THAT HE SUFFERED DAMAGES EXCEEDING $600,000 DUETO NEGLIGENCE, FRAUD, ETC OF PRUDENTIAL SECURITIES AND THEINDIVIDUALLY NAMED RESPONDENTS. Settlement Amount: $300,000.00 Broker Comment: ALL CLAIMS AGAINST RESPONDENT OATES WERECOMPLETELY DISMISSED WITH PREJUDICE. PRUDENTIAL SECURITIESSETTLED ALL CLAIMS AGAINST IT FOR $300,000.Not Provided
Date: December 30, 1992 Category: Customer Dispute Allegations: CLIENT ALLEGES FRAUD AND MISREPRESENTATION INCONNECTION WITH THE 1984 & 1986 PURCHAE OF VMS FIRST CAPITAL,GROWTH HOTEL, SUMMIT, FOGLEMAN AQUEDUCT AND P.B ENGERY INCOMELIMITED PARTNERHIP, DAMAGES IN EXCESS OF $230,000 ARE BEINGCLAIMED. Damage Amount Requested: $230,207.29 Settlement Amount: $40,000.00 Broker Comment: MR. OATES WAS DISMISSED FROM THE ARBITRATIONPRIOR TO SETTLEMENT. PRUDENTIAL SECURITIES SETTLED THE MATTERFOR $40,000.00.Not Provided
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