JAMES RUSSELL DOHERTY

JAMES RUSSELL DOHERTY is currently employed as a Broker and/or Investment Adviser at AMERIPRISE FINANCIAL SERVICES, INC. located at 99 Derby St Ste 301, Hingham, MA, 02043-4216.

JAMES RUSSELL DOHERTY has worked at AMERIPRISE FINANCIAL SERVICES, INC. since October 25, 1996

Disclosure History

JAMES RUSSELL DOHERTY has 2 Disclosure Event(s).

Date: October 31, 2012
Category: Customer Dispute
Allegations: THE CLIENT'S ATTORNEY STATED THE ADVISOR DIRECTED THE CLIENT TO INVEST NON-IRA MONEY FROM THE CLIENT'S MOTHER'S ESTATE INTO A BENEFICIAL IRA ON JULY 16, 2008.
Damage Amount Requested: $55,590.00

Date: August 08, 2002
Category: Customer Dispute
Allegations: CLAIMANT IS 53 AND CLAIMS TO BE AN INEXPERIENCED INVESTOR WHO SUSTAINED MARKET LOSSES OF $126,500 IN HER IRA BEGINNING IN 1999 DUE TO MISREPRESENTATIONS AND UNSUITABLE INVESTMENT RECOMMENDATIONS MADE BY HER ADVISOR AND AEFA'S NEGLIGENCE, FAILURE TO SUPERVISE AND BREACH OF FIDUCIARY DUTY.
Damage Amount Requested: $126,500.00
Settlement Amount: $13,750.00
Broker Comment: IN ORDER TO ELIMINATE THE COSTS AND UNCERTAINITIES ASSOCIATED WITH ARBITRATION, AMERIPRISE SETTLED WITH CLAIMANT FOR $13,750.00 AND I CONTRIBUTED NOTHING TO THE SETTLEMENT.

More Information

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