GARY LEE CRANE is currently employed as a Broker and/or Investment Adviser at PURSHE KAPLAN STERLING INVESTMENTS located at 610 W. Germantown Pike, Suite 350, Plymouth Meeting, PA, 19462.
GARY LEE CRANE has worked at PURSHE KAPLAN STERLING INVESTMENTS since November 29, 2017
Disclosure History
GARY LEE CRANE has 2 Disclosure Event(s).
Date: February 11, 2014 Category: Customer Dispute Allegations: NEW JERSEY CLIENT ALLEGES THAT HIS FORMER FINANCIAL ADVISOR FAILED TO EXECUTE HIS PURCHASE INSTRUCTIONS IN SEPTEMBER OF 2009 WHEN HIS ACCOUNT WAS INITIATED RESULTING IN A LOST OPPORTUNITY. COSTS WERE ESTIMATED AT $8,363.00 Damage Amount Requested: $8,363.00 Settlement Amount: $10,000.00 Broker Comment: CUSTOMER CLAIMED THAT INSTRUCTIONS WERE GIVEN TO MOVE ASSETS IN A 401K TO MUTUAL FUNDS FROM A MONEY MARKET. THE BD COULD NOT PROVE OR DISPROVE THE CLAIM. FIRM BECAME AWARE OF THE U5 AMENDMENT REFLECTING THE SETTLEMENT ON 3/19/15 THROUGH A DISCLOSURE LETTER THAT WAS SENT TO THE FIRM TO UPDATE THE RR'S U4. UPON A CONVERSATION WITH THE RR ABOUT THE SETTLEMENT, HE WAS UNAWARE OF IT UNTIL TODAY 3/23/15. HIS PRIOR BD DID NOT INFORM HIM OF IT.
Date: May 02, 2000 Category: Customer Dispute Allegations: ALLEGED NEGLIGENCE AND FAILURE TO FOLLOW INSTRUCTIONS. Damage Amount Requested: $50,000.00
More Information
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