GORDON SCOTT SHALEK is currently employed as a Broker and/or Investment Adviser at AMERIPRISE FINANCIAL SERVICES, INC. located at 250 Park Ave Ste 7094, Ste 275, New York, NY, 10177.
GORDON SCOTT SHALEK has worked at AMERIPRISE FINANCIAL SERVICES, INC. since December 20, 1990
Disclosure History
GORDON SCOTT SHALEK has 2 Disclosure Event(s).
Date: March 21, 2002 Category: Customer Dispute Allegations: CLIENTS ALLEGE CLAIMS OF UNSUITABLITY, MISREPRESENTATION, BREACH OF FIDUCIARY DUTY AND FRAUD AGAINST AEFA AND I IN THE RECOMMENDATION AND HANDLING OF THEIR ACCOUNT. IN ADDITION, THEY ALLEGE THEIR ADVISOR WAS NOT LICENSED IN COLORADO AT THE TIME HE SOLD AEFA PRODUCTS TO THE CLIENTS. THEY CLAIM MARKET LOSSES OF $102000.00 AS A RESULT OF RESPONDENTS UNSUITABLE INVESTMENT RECOMMENDATIONS. AEFA AND I ADEMANTLY DENY CLIAMANTS ALLEGATIONS AND INTEND ON VIGOROUSLY DEFENDING THIS MATTER. Damage Amount Requested: $102,000.00 Settlement Amount: $57,500.00 Broker Comment: IN ORDER TO AVOID THE COSTS OF ARBITRATION, AEFA SETTLED THIS MATTER FOR $57500.00. I WAS DISMISSED FROM THE CASE AND CONTRIBUTED NOTHING TO THE SETTLEMENT.
Date: March 26, 2001 Category: Customer Dispute Allegations: THE CLIENTS ALLEGED THAT IN APRIL OF 2000, I TRANSFERRED THEIR INVESTMENTS FROM A MODERATELY CONSERVATIVE PORTFOLIO TO A PORTFOLIO CONSISTING OF MOSTLY EQITIES, WHICH THEY FELT WAS AN UNSUITABLE RECOMMENDATION. THE ESTIMATED COST TO REVERSE THE TRANSACTIONS IS $14,700. Damage Amount Requested: $14,700.00 Broker Comment: THE COMPANY REVIEW FOUND THAT THE INVESTMENT RECOMMENDATIONS MADE IN MARCH 2000 WERE SUITABLE AND CONSISTENT WITH THE GOALS AND OBJECTIVES THE CLIENTS HAD SHARED AT THE TIME OF THE SALE. IN ADDITION, THE REVIEW FOUND THAT THE CLIENTS WERE GIVEN THE APPROPRIATE DISCLOSURE OF THE RISKS ASSOCIATED WITH THE INVESTMENTS AT THE TIME THE RECOMMENDATIONS WERE MADE.
More Information
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
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.
To view the full report for GORDON SCOTT SHALEK, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.