JIMMY ROSS HOWE

JIMMY ROSS HOWE is currently employed as a Broker and/or Investment Adviser at WESTERN EQUITY GROUP, INC. located at 1802 Woodfield Drive, Savoy, IL, 61874.

JIMMY ROSS HOWE has worked at WESTERN EQUITY GROUP, INC. since November 12, 2004

Disclosure History

JIMMY ROSS HOWE has 1 Disclosure Event(s).

Date: February 10, 2003
Category: Customer Dispute
Allegations: REGARDING THE 1992 PURCHASE OF A VARIABLE APPRECIABLE LIFE INSURANCE POLICIES THE CLIENT ALLEGED MISREPRESENTATION CONCERNING THE ABBREVIATED PAYMENT PLAN. THE INSURED DID NOT ALLEGE ANY SPECIFIED DAMAGES HOWEVER, THE COMPANY'S GOOD FAITH DETERMINATION ESTIMATED THEM TO BE APPROXIMATELY $23,444.47.
Damage Amount Requested: $23,444.47
Settlement Amount: $17,241.55
Broker Comment: TOTAL LOSS TO THE COMPANY WAS $17,241.55. THIS CONCERNS A POLICY INCLUDED IN THE CLASS OF POLICIES THAT WAS THE SUBJECT OF A NATIONWIDE CLASS ACTION SETTLEMENT IN WHICH THE COMPANY WAS RELEASED CONCERNING LIFE INSURANCE SALES PRACTICES. THE POLICYHOLDER DID NOT MAKE A TIMELY CLAIM IN THE CLASS ACXTION SETTLEMENT REMEDIATION PLAN. THIS INQUIRY WAS RECIEVED ON A QUESTIONAIRE FORM SUPPLIED TO THE POLICYHOLDER BY THE COMPANY. THE COPANY IS REVIEWING THIS INQUIRY WITHOUT WAIVER OF THE COMPANYS RIGHTS UNDER THE CLASS ACTION SETTLEMENT AND RELEASE. THE COMPANY WILL FILE AND AMENDMENT TO DISCLOSE THE OUTCOME. THE COMPANY BY THIS FILING MAKES NO FINDINGS REGARDING THE ACTIONS OF THE REPRESENTATIVE

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