JOHN EDWARD BURG

JOHN EDWARD BURG is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 27555 YNEZ ROAD STE 120, TEMECULA, CA, 92591.

JOHN EDWARD BURG has worked at WELLS FARGO CLEARING SERVICES, LLC since October 27, 2008

Disclosure History

JOHN EDWARD BURG has 1 Disclosure Event(s).

Date: May 26, 1992
Category: Customer Dispute
Allegations: IMPROPERLY INVESTED RETIREMENT FUNDS INHIGHLY SPECULATIVE & UNSUITABLE REAL ESTATE LMTD PART. (VMSFUND) MISREPRESENTED THE SAFETY OF FRAUD, BREACHED FIDUCIARYDUTY, & GUARANTEED INCOME OF FUND. [CUSTOMER] WANTEDRESTITUTION FOR LOSSES $32,272.66
Damage Amount Requested: $32,272.66 Damages Granted: $16,650.00
Broker Comment: DIVERSIFIED SECURITIES & JOHN BURG JOINTLY PAID$16,650.00 (EACH $8,345.00) FOR LOSSES INCURRED IN RELATION TOTHE SUBJECT INVESTMENTS. THEY ALSO JOINTLY PAID $400 FILING FEEAND $2200 TO PACIFIC STOCK EXCHANGE FOR CONFERENCE FEES.NOT PROVIDED

More Information

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