FRANK JEROME GROSSMAN is currently employed as a Broker and/or Investment Adviser at U.S. BANCORP INVESTMENTS, INC. located at 2201 W. 63RD STREET, DOWNERS GROVE, IL, 60516.
FRANK JEROME GROSSMAN has worked at U.S. BANCORP INVESTMENTS, INC. since January 04, 2012
Disclosure History
FRANK JEROME GROSSMAN has 2 Disclosure Event(s).
Date: January 24, 2012 Category: Customer Dispute Allegations: MOTHER OF CUSTOMER ALLEGES REPRESENTATIVE MISREPRESENTED MUTUAL FUNDS WHICH LED TO A PURCHASE IN OCTOBER 2009. Damage Amount Requested: $9,000.00 Settlement Amount: $1,274.72
Date: August 09, 2006 Category: Customer Dispute Allegations: CLIENT ALLEGED "... CHANGES WERE MADE [TO HIS VARIABLE ANNUITY] WITHOUT HIS APPROVAL OR KNOWLEDGE BY FRANK GROSSMAN Damage Amount Requested: $5,959.19 Settlement Amount: $10,800.00 Broker Comment: MATTER SETTLED IN ORDER TO AVOID THE COSTS AND UNCERTAINTIES ASSOCIATED WITH POTENTIAL LITIGATION. MR. GROSSMAN DENIES THE CUSTOMER'S ALLEGATIONS THAT CHANGES WERE MADE TO HIS ANNUITY WITHOUT HIS KNOWLEDGE OR AUTHORIZATION. ABOUT 2 WEEKS AFTER THE CUSTOMER'S WIFE PASSED AWAY, HE AND HIS ADULT SON MET WITH MR. GROSSMAN AND HIS ASSISTANT TO DISCUSS THE JOINT ANNUITY AT ISSUE. AFTER THE CUSTOMER AND MR. GROSSMAN DISCUSSED THE OPTIONS AVAILABLE, THE CUSTOMER PROVIDED AUTHORIZATION TO MAKE THE SUBSEQUENT CHANGES TO THE ANNUITY, AND SIGNED ALL APPROPRIATE PAPERWORK AUTHORIZING THE CHANGES.
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