JOHN EDWARD DRAPER is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 520 NEWPORT CENTER DR, STE 1700, NEWPORT BEACH, CA, 92660.
JOHN EDWARD DRAPER has worked at WELLS FARGO CLEARING SERVICES, LLC since November 19, 2001
Disclosure History
JOHN EDWARD DRAPER has 4 Disclosure Event(s).
Date: March 13, 2002 Category: Customer Dispute Allegations: NEGLIGENCE, FAILURE TO DISCLOSE, UNSUITABILITY, BREACH OF FIDUCUARY DUTY BTWN 02/01-11/01. Damage Amount Requested: $75,629.00 Settlement Amount: $12,000.00 Broker Comment: THE CLIENT VOLUNTARILY WITHDREW ALL CLAIMS AGAINST MR. DRAPER ON THIS MATTER AS CUSTOMER'S CHIEF COMPLAINT CONCERNED THE INVESTMENTS MADE IN RELIANCE ON FIRM RESEARCH(AND NOT MR. DRAPER'S SELECTIONS).
Date: August 29, 2001 Category: Customer Dispute Allegations: THE CLIENT ALLEGED THAT HIS ACCOUNT WAS MISMANAGED AND CHURNED SEPTEMBER 2000 TO JULY 2001. SEPTEMBER, 2000 - JULY, 2001 Damage Amount Requested: $21,000.00 Broker Comment: THE CLAIM WAS DENIED.
Date: May 05, 1999 Category: Customer Dispute Allegations: CLIENT ALLEGED THAT THE PURCHASE OF ANANNUITY WAS MISREPRESENTED AND THAT A PUT OPTION WAS PURHCASEDIN HER ACCOUNT WITHOUT HER AUTHORIZATION FROM 09/01/1998 THROUGH 03/31/1999. Damage Amount Requested: $5,000.00 Broker Comment: THE CLAIM IS DENIED.
Date: December 07, 1998 Category: Customer Dispute Allegations: CLIENT ALLEGED THAT HIS ACCOUNT WAS CHURNED.PRODUCT-OPTIONS, ALLEGED DAMAGES $17,600.00, FIRM-SMITH BARNEY,INC. Damage Amount Requested: $17,600.00 Broker Comment: CLAIM DENIED.NOT PROVIDED
More Information
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