HOWARD JOHN SAXAUER is currently employed as a Broker and/or Investment Adviser at KMS FINANCIAL SERVICES, INC. located at 87 Chambers Court, Coupeville, WA, 98239.
HOWARD JOHN SAXAUER has worked at KMS FINANCIAL SERVICES, INC. since May 19, 2004
HOWARD JOHN SAXAUER has 3 Disclosure Event(s).
Date: September 01, 2011 Category: Financial Type: Compromise Disposition: Satisfied/Released
Date: January 20, 2006 Category: Customer Dispute Allegations: THE CUSTOMERS ALLEGE MATERIAL MISREPRESENTATIONS & OMISSIONS IN CONNECTION WITH A RECOMMENDATION TO PURCHASE A VARIABLE ANNUITY IN MARCH 2000. IN ADDITION THE CUSTOMERS ALLEGE NEGLIGENCE, LACK OF SUITABILITY, BREACH OF FUDUCIARY DUTY, BREACH OF CONTRACT, ANNUITY SWITCHING, UNJUST ENRICHMENT AND VIOLATION OF WASHINGTON CONSUMER PROTECTION ACT. Damage Amount Requested: $220,000.00 Settlement Amount: $73,333.33 Broker Comment: THE RR'S PREVIOUS BROKER/DEALER LINSCO/PRIVATE LEDGER CORP. (LPL) NAD THE REGISTERED REPRESENTATIVE SETTLED THE MATTER WITH THE CLIENTS [CUSTOMERS]. NEITHER LPL NOR MR. SAXAUER PROVIDED ANY ADDITIONAL DETAIL TO THE AMENDMENT TO MR. SAXAUER'S U5.
Date: May 14, 2004 Category: Employment Separation After Allegations Firm Name: LINSCO/PRIVATE LEDGER Termination Type: Discharged Allegations: MR. HOWARD SAXAUER WAS DISCHARGED DUE TO HIS PLACING A SEMINAR ADVERTISEMENT IN A PUBLICATION THAT REFLECTED HIS AFFILIATION WITH ANOTHER BROKER-DEALER. Broker Comment: I WAS IN THE PROCESS OF MOVING TO KMS FROM LPL AND THE MAILING WENT OUT INADVERTANTLY WITH THE NEW BROKER DEALER NAME ON IT.
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