JAMES EDWARD CHAFFIN

JAMES EDWARD CHAFFIN is currently employed as a Broker and/or Investment Adviser at SUNTRUST INVESTMENT SERVICES, INC. located at 210 S. FLORIDA AVENUE, STIS WEALTH, LAKELAND, FL, 33801.

JAMES EDWARD CHAFFIN has worked at SUNTRUST INVESTMENT SERVICES, INC. since February 27, 1996

Disclosure History

JAMES EDWARD CHAFFIN has 2 Disclosure Event(s).

Date: May 13, 2008
Category: Customer Dispute
Allegations: THE CLIENT ALLEGES FAILURE TO FULLY DISCLOSE LIQUIDITY LIMITATIONS OF THE PRODUCT.
Damage Amount Requested: $5,000.00

Date: March 25, 2008
Category: Customer Dispute
Allegations: THE CLIENT'S ATTORNEY ALLEGED AMONG OTHER THINGS, THAT THE REGISTERED REPRESENTATIVE MISLED THE CLIENTS CONCERNING THE POTENTIAL LACK OF LIQUIDITY ASSOCIATED WITH AUCTION RATE SECURITIES.
Damage Amount Requested: $1,600,000.00
Settlement Amount: $20,000.00
Broker Comment: MR. CHAFFIN THOROUGHLY EXPLAINED THE SUBJECT SECURITIES TO THE CLIENTS, AND THE CLIENTS AFFIRMATIVELY ELECTED FO HOLD THE SECURITIES WITH FULL AND COMPLETE KNOWLEDGE OF ALL POTENTIAL RISKS. MR. CHAFFIN VEHEMENTLY DENIES ANY WRONG DOING AND NOTES THAT THE FIRM SETTLED THE MATTER SOLELY TO AVOID THE COSTS OF PROTRACTED ARBITRATION WITHOUT REQUIRING ANY PERSONAL CONTRIBUTION FROM MR. CHAFFIN

More Information

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