GARY CHARLES CRANFORD is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 450 N STEPHANIE ST, HENDERSON, NV, 89014.
GARY CHARLES CRANFORD has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since November 30, 2017
Disclosure History
GARY CHARLES CRANFORD has 3 Disclosure Event(s).
Date: June 21, 2013 Category: Customer Dispute Allegations: TIME FRAME: FEBRUARY 15, 2011 TO FEBRUARY 15, 2012CLIENT ALLEGES THAT HIS FINANCIAL ADVISOR MADE HIGH RISK INVESTMENTS WHEN HIS PROFILE SAYS LITTLE OR NO RISK. THE CLIENT FURTHER ALLEGES THE FINANCIAL ADVISOR LIED TO HIM ABOUT HIS ACCOUNT, AND FILLED IN A BLANK FORM, THAT HE SIGNED STATING THAT THE INCOME FOR LIFE PROVISION HAD TO BE INVALIDATED. THE CLIENT FINALLY ALLEGES THAT HIS FINANCIAL ADVISOR KEPT MAKING CHANGES TO THE ACCOUNT EVEN THOUGH HE WAS TOLD THE CLIENT COULD NOT AFFORD ANY LOSSES. THE ALLEGED DAMAGES ARE $250,000.00. Damage Amount Requested: $250,000.00 Broker Comment: CLAIM DENIED. ANNUITY IN QUESTION WAS PURCHASED AT CLIENT'S PREVIOUS FIRM. UBS SIMPLY ACTED AS BROKER OF RECORD. CLIENT'S ALLEGATIONS IN REGARDS TO ADVISOR'S REPRESENTATION WERE NEITHER ACCURATE OR TRUTHFUL
Date: July 18, 2002 Category: Customer Dispute Allegations: CUSTOMER ALLEGED MISREPRESENTATIONS AND OMISSIONS. DAMAGES ARE UNSPECIFIED.
Date: July 25, 1994 Category: Customer Dispute Allegations: CLAIN FILED BY ABOVE REFERENCED CLIENT WASAGAINST APPLICANT (GARY C. CRAFORD) AND FIRM (USA CAPITAL)ALLEGING TRANSACTION DAMAGES OF $35,000.00 PLUS INTEREST ANDATTORNEY FEES, ETC. Damage Amount Requested: $35,000.00 Settlement Amount: $11,500.00 Broker Comment: A SETTLEMENT WAS REACHED WITHOUT ADMISSION OFANY LIABILITY IN ORDER TO MINIMIZE RISKS AND TO AVOIDADDITIONAL COSTS AND ATTORNEY FEES. SETTLEMENT WAS FOR$11,500.00NOT PROVIDED
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