JOHN HAMMER MANNEN

JOHN HAMMER MANNEN is currently employed as a Broker and/or Investment Adviser at SECURITIES AMERICA ADVISORS, INC. located at 5885 LANDERBOOK DRIVE, SUITE 200, MAYFIELD HEIGHTS, OH, 44124.

JOHN HAMMER MANNEN has worked at SECURITIES AMERICA ADVISORS, INC. since July 15, 2005

JOHN HAMMER MANNEN is also currently employed as a Broker and/or Investment Adviser at CEDAR BROOK GROUP located at 5885 LANDERBROOK DRIVESUITE 200, CLEVELAND, OH, 44124 since January 01, 1970

JOHN HAMMER MANNEN is also currently employed as a Broker and/or Investment Adviser at SECURITIES AMERICA, INC. located at 5885 LANDERBROOKSUITE 200, MAYFIELD HEIGHTS, OH, 44124 since January 01, 1970

Disclosure History

JOHN HAMMER MANNEN has 5 Disclosure Event(s).

Date: January 14, 2013
Category: Financial
Type: Compromise
Disposition: SHORT SALE
Broker Comment: FOR MEDICAL REASONS THE SHORT SALE WAS NECESSARY.

Date: April 07, 2011
Category: Customer Dispute
Allegations: IN CONNECTION WITH INVESTMENTS IN MEDICAL CAPITAL AND/OR PROVIDENT SHALE, CLAIMANTS' ALLEGATIONS AGAINST RESPONDENT INCLUDE NEGLIGENCE, NEGLIGENT MISREPRESENTATIONS, BREACH OF FIDUCIARY DUTY, VIOLATIONS OF OHIO BLUE SKY LAWS, AND AIDING & ABETTING FRAUD.
Damage Amount Requested: $3,187,000.00
Settlement Amount: $1,479,386.47
Broker Comment: 10/11/2011: THIS CLAIM WAS PART OF A GLOBAL SETTLEMENT BY SECURITIES AMERICA, INC.

Date: June 28, 2010
Category: Customer Dispute
Allegations: IN CONNECTION WITH THE RECOMMENDATION AND SALE OF PROVIDENT SHALE, CLAIMANTS ALLEGE VIOLATIONS OF OHIO BLUE SKY LAWS, VIOLATIONS OF FINRA RULE 2110, NEGLIGENCE, NEGLIGENT MISREPRESENTATIONS AND OMISSIONS, BREACH OF FIDUCIARY DUTY, AND AIDING & ABETTING FRAUD.
Damage Amount Requested: $200,000.00
Settlement Amount: $139,258.22
Broker Comment: I DENY ALL ALLEGATIONS. 10/11/2011: THIS CLAIM WAS PART OF A GLOBAL SETTLEMENT BY SECURITIES AMERICA, INC.

Date: May 24, 2010
Category: Customer Dispute
Allegations: IN CONNECTION WITH THE RECOMMENDATION AND SALE OF MEDICAL CAPITAL CLAIMANTS ALLEGE FRAUD, NEGLIGENCE, BREACH OF FIDUCIARY DUTY, MISREPRESENTATION AND OMISSION OF MATERIAL FACTS, AND VIOLATIONS OF FINRA RULES.
Damage Amount Requested: $3,966,000.00
Settlement Amount: $2,761,026.27
Broker Comment: I DENY ALL ALLEGATIONS. 10/11/2011: THE PORTION OF THIS CLAIM RELATING TO MEDICAL CAPITAL WAS PART OF A GLOBAL SETTLEMENT INITIATED BY SECURITIES AMERICA, INC. CLAIMS RELATING TO ADDITIONAL PRODUCTS CONTINUE AT THIS TIME. 01/12/2012: I WAS DISMISSED FROM THIS MATTER WITH PREJUDICE.

Date: August 13, 1993
Category: Customer Dispute
Allegations: ALLEGED MISREPRESENTATION-[CUSTOMER]SEEKS DECLARATION FROM THE COURT THAT THE LINCOLN NATIONAL &PRUDENTIAL POLICIES WERE ISSUED WITHOUT SURVIVORSHIP AND IN ATHIRD AMENDED COMPLAINT ADDED A CLAIM AGAINST LINCOLN NATIONALLIFE AND/OR MYSELF ALLEGING THAT WE ALTERED AND ISSUEDFRAUDULENT POLICY DOCUMENTS IN AN EFFORT TO MISREPRESENT THELINCOLN NATIONAL LIFE POLICY. Damages Granted: $425,000.00
Broker Comment: ON 6/22/98 THE TRIAL COURT HELD A BIFURCATED BENCH TRIAL TO RESOLVE [CUSTOMER] CLAIM FOR REFORMATION OF THE PRUDENTIAL POLICY. FOLLOWING THE TRIAL THE COURT ENTERED FINDINGS OF FACT AND CONCLUSIONS OF LAW AGAINST [CUSTOMER] FINDING AMOUNG OTHER THINGS THAT OWNERSHIP OF THE PRUDENTIAL POLICY WAS WITH SURVIVORSHIP. [CUSTOMER] HAS APPEALED. UPON RESOLUTION OF THIS APPEAL, THE REMAINDER OF THE CASE WILL PROCEED IN THE TRIAL COURT.

More Information

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