GREGORY VICTOR CHOQUETTE

GREGORY VICTOR CHOQUETTE is currently employed as a Broker and/or Investment Adviser at COMMONWEALTH FINANCIAL NETWORK located at 261 BATH ROAD, SUITE B, BRUNSWICK, ME, 04011.

GREGORY VICTOR CHOQUETTE has worked at COMMONWEALTH FINANCIAL NETWORK since August 02, 2006

Disclosure History

GREGORY VICTOR CHOQUETTE has 1 Disclosure Event(s).

Date: September 02, 2005
Category: Customer Dispute
Allegations: THE CLIENT ALLEGES I SOLD HIM AN ANNUITY WITH A 10 YEAR SURRENDER SCHEDULE IN MAY OF 2005 WHEN HE AGREED TO PURCHASE AN ANNUITY WITH A 3-YEAR SURRENDER SCHEDULE. THE CLIENT ALSO ALLEGES I ASSURED HIM HE WOULD NOT LOSE ANY OFH IS PRINCIPLE IN THE INVESTMENT.
Damage Amount Requested: $34,367.63
Broker Comment: THE FIRM FOUND THE CLIENT HAD NOT RECEIVED HIS CONTRACT AND MAY HAVE RECEIVED MISINFORMATION REGARDING THE SURRENDER PERIOD OF HIS ANNUITY. THE ANNUITY DOES HAVE A THREE-YEAR SURRENDER PERIOD AND A RIDER HAD BEEN ADDED WHICH PROTECTS THE CLIENT'S PRINCIPLE. UPON RECEIVING A COPY OF HIS CONTRACT THE CLIENT ELECTED TO REMAIN INVESTED IN HIS ANNUITY.

More Information

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