James PATRICK Hart

James PATRICK Hart is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 69 STATE ST, ALBANY, NY, 12207.

James PATRICK Hart has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since December 03, 2010

Disclosure History

James PATRICK Hart has 2 Disclosure Event(s).

Date: May 29, 2003
Category: Customer Dispute
Allegations: NEW JERSEY RESIDENTS HAVE COMPLAINED THAT THEIR FUNDS WERE UNSUITABLY INVESTED IN STOCKS FROM MARCH 2000 THROUGH 2002. THEY ALSO CLAIM THAT THEIR ACCOUNT WAS EXCESSIVELY TRADED AND THAT THE RECOMMENDATION THAT THEY USE MARGIN WAS UNSUITABLE. THEY HAVE CLAIMED FINANCIAL DAMAGES OF $156,000.
Damage Amount Requested: $156,000.00 Damages Granted: $61,071.00
Broker Comment: ARBITRATION ALLEGATIONS: CLIENTS ALLEGE UNSUITABLE AND EXCESSIVE TRADING OF EQUITIES ON MARGIN. AWARD TO CLAIMANTS IN THE AMOUNT OF $61,070 PLUS POST-JUDGMENT INTEREST AT 8%.

Date: September 19, 1994
Category: Regulatory
Initiated By: IDAHO DEPARTMENT OF FINANCE
Allegations: OFFER OF SECURITIES WHILE NOT PROPERLYLICENSED
Resolution: Order SanctionDetails:
Sanctions: Monetary/Fine SanctionDetails:
Amount: $1,000.00 Sanction Details: AGREEMENT AND ORDERED ENTERED COINCIDENT WITHORDER 1992-7-48 ENTERED WITH PRUDENTIAL SECURITIES INC. HART 1)ADMITTED TO A VIOLATION OF THE IDAHO REGISTRATION REQUIREMENTSAND 2) PAID A $1000 FINE.
Broker Comment: NOT PROVIDED

More Information

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