JAMES YOUNG PALMER

JAMES YOUNG PALMER is currently employed as a Broker and/or Investment Adviser at COKER & PALMER located at 1667 LELIA DR, JACKSON, MS, 39216.

JAMES YOUNG PALMER has worked at COKER & PALMER since May 20, 1996

Disclosure History

JAMES YOUNG PALMER has 4 Disclosure Event(s).

Date: September 15, 1993
Category: Regulatory

Date: August 14, 1991
Category: Customer Dispute
Allegations: THE [CUSTOMERS] ALLEGED MISREPRESENTATION,OMISSION OF MATERIAL FACTS, MARKET MANIPULATION, BREACH OFFIDUCIARY DUTY IN CONNECTION WITH ALLEGED SOLICITED TRADING IN MOBILE TELECOMMUNICATION TECHNOLOGIES CORP. CLAIMED DAMAGES OF OVER $500,000.00 AND $5,000,000.00 IN PUNITIVE DAMAGES.
Settlement Amount: $650,000.00
Broker Comment: PRUDENTIAL PAID THE [CUSTOMERS] $650,000.00 ANDRELEASED THEM FROM AN UNSECURED DEBIT IN THEIR ACCOUNT OF$70,588.84. JAMES PALMER WAS NOT PARTY TO THE SETTLEMENT NOR DID HE CONTRIBUTE TO THE SETTLEMENT.PRUDENTIAL SECURITIES COUNTERCLAIMED AGAINST THE[CUSTOMERS] FOR THE AMOUNT OF THE UNSECURED DEBIT. PRUDENTIAL SPECIFICALLY DENIED THE ALLEGATIONS AGAINST THEM. JAMES PALMER WAS NOT PERSONALLY A PARTY IN THE ARBITRATION.

Date: August 29, 1988
Category: Regulatory
Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC.
Resolution: Decision & Order of Offer of Settlement SanctionDetails:
Sanctions: Censure
Broker Comment: Not Provided

Date: May 06, 1987
Category: Regulatory

More Information

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