JOHN NEALE MCINTYRE

JOHN NEALE MCINTYRE is currently employed as a Broker and/or Investment Adviser at RBC CAPITAL MARKETS, LLC located at 2 POST OAK CENTRAL, 1980 POST OAK BLVD, SUITE 1630, HOUSTON, TX, 77056-3859.

JOHN NEALE MCINTYRE has worked at RBC CAPITAL MARKETS, LLC since August 26, 2016

Disclosure History

JOHN NEALE MCINTYRE has 2 Disclosure Event(s).

Date: February 13, 2013
Category: Customer Dispute
Allegations: SANDERS MORRIS HARRIS INC: THE CLIENT ALLEGED THAT DURING THE PERIOD OF 06/19/2001-03/17/2006, WHILE HER JOINT ACCOUNT WAS WITH SANDERS MORRIS HARRIS AND CONTINUING AFTER HER ACCOUNT WAS MOVED TO WELLS FARGO, THAT THE REPRESENTATIVE AND HER HUSBAND REDUCED HER $650,000 ACCOUNT TO ZERO WITHOUT HER CONSENT TO THE TRANSACTIONS. SHE SAID THAT THE ACCOUNT WAS NOT MANAGED TO HER EXPECTATION AND UNDERSTANDING THAT THE MONEY WOULD BE INVESTED IN HIGH-QUALITY DIVIDEND PAYING STOCKS YIELDING BETWEEN 5-6% PER YEAR WHICH SHOULD HAVE GROWN TO $1.3 MILLION. THE CLIENT FURTHER ALLEGED THAT THE REPRESENTATIVE FAILED TO MEET HER EXPECTATIONS OF PRESERVATION OF CAPITAL AND THAT HE ALLOWED HER HUSBAND TO WIPE OUT HER ACCOUNT. WELLS FARGO ADVISORS, LLC: CUSTOMER ALLEGES THAT FA REDUCED THE VALUE OF HER ACCOUNT TO ZERO THROUGH TRANSACTIONS SHE NEITHER KNEW ABOUT NOR AUTHORIZED.
Damage Amount Requested: $650,000.00

Date: April 07, 1999
Category: Customer Dispute
Allegations: CLAIMANTS ALLEGE MISREPRESENTATION, FRAUD, NEGLIGENCE, BREACH OF FIDUCIARY DUTY REGARDING THE SIZE OF THE ACCOUNT STOCK POSITION AND FAILURE TO FOLLOW INSTRUCTION. ALSO, ALLEGE UNAUTHORIZED TRADES IN TWO IPOS. SEEK DAMAGES IN THE AMOUNT OF $133K AND /OR $159K.
Settlement Amount: $90,000.00
Broker Comment: [CUSTOMER] IS A SOPHISTICATED INVESTOR AND INVESTMENT BANKER. HE IS ONLY UNHAPPY IN HINDSIGHT THAT SOME OF THE RECOMMENDED STOCKS DID NOT PERFORM WELL.

More Information

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