GEORGE ROBERT VEATER is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 7108 N. FRESNO ST. STE 410, FRESNO, CA, 93720-2953.
GEORGE ROBERT VEATER has worked at LPL FINANCIAL LLC since October 19, 2012
Disclosure History
GEORGE ROBERT VEATER has 6 Disclosure Event(s).
Date: December 20, 2004 Category: Customer Dispute Allegations: CLIENT DOES NOT SPECIFIC DAMAGE AMOUNT, BUT ALLEGES REGISTERED REP'S RECOMMENDATION TO PURCHASE VARIABLE ANNUTIES WAS UNSUITABLE. (DAMAGES AMT. ESTIMATED OVER $5,000 BASED ON SURRENDER CHARGES IF CLIENT OPTED TO SURRENDER ALL OR PART OF VARIABLE ANNUITY POLICY).
Date: May 24, 2004 Category: Customer Dispute Allegations: CLIENT ALLEGES MISMANAGEMENT OF INVESTMENT ACCOUNT BY REGISTERED REP HAS CAUSED INVESTMENT LOSSES. Damage Amount Requested: $720,000.00
Date: August 08, 2003 Category: Customer Dispute Allegations: CLIENT ALLEGES THEY WERE SOLD UNSUITABLE INVESTMENTS, GIVEN THEIR OBJECTIVES & RISK EXPOSURE. Damage Amount Requested: $200,000.00 Settlement Amount: $85,000.00
Date: August 08, 2003 Category: Customer Dispute Allegations: UNSUITABLE RECOMMENDATIONS IN 1996&1997. PURCHASE OF (1) INTERSTATE DIVERSIFIED 12% NOTE (2) ADN/MOTORMALL USA LLC NT (FAILED IN 1998) (3) MCA PASS-THRU CERT #124 (FAILED IN 1999) (4) OPPENHEIMER INTERNATIONAL BOND FUND-B. Damage Amount Requested: $90,000.00
Date: May 23, 2003 Category: Customer Dispute Allegations: CLIENT ALLEGES UNAUTHORIZED TRADING AND UNSUITABLE TRADES IN A SIGNED WRAP (MANAGED) ACCOUNT AGREEMENT. CLIENT MAKES FURTHER CLAIMS AGAINST REGISTERED REP AND OUSIDE MONEY MANAGER WITH POOR PERFORMANCE RESULTS. Damage Amount Requested: $400,000.00 Settlement Amount: $125,000.00
Date: February 01, 2000 Category: Regulatory Initiated By: CALIFORNIA DEPARTMENT OF CORPORATIONS Allegations: ORDERS WERE ISSUED BASED ON THE OFFER AND/OR SALE BY THIS INDIVIDUAL OF PROMISSORY NOTES ISSUED BY FIRST LENDERS INDEMNITY CORPORATION OF FLORIDA, BOSTON ACCEPTANCE COMPNAY, DBA FIRST LENDERS INDEMNITY COMPANY OF CALIFORNIA, JONATHON PIERPONT BOSTON, FKA JOHN R. MARSELLA, SHIRLEY FAINO, FKA SHIRLEY MARSELLA, AND/OR JIM CUNNINGHAM AND BY JETLEASE FINANCE CORPORATION, DAVID LACROIZ AND/OR MARK BLACHER. THE DEPARTMENT OF COPORATIONS HAS DETERMINED THAT SUCH PROMISSORY NOTES AND JOINT VENTURE INTERESTS ARE SECURITIES FOR WHICH NO EXEMPTION FROM QUALIFICATION APPLIES, AND THAT THE ISSUANCE OF SUCH ORDER/ORDERS IS IN THE PUBLIC INTEREST. Resolution: Order SanctionDetails: Sanctions: Cease and Desist/Injunction Sanction Details: DESIST AND REFRAIN ORDER ISSUED. Broker Comment: MR. VEATER HAS VOLUNTATILY REFRAINED FROM OFFERING PROMISSARY NOTES TO HIS CLIENTS SINCE 1996. CEASE AND DESIST ONLY EFFECTS SUCH NON REGISTERED PROMISSARY NOTES.
More Information
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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
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