JOSEPH NORTON WALSH

JOSEPH NORTON WALSH is currently employed as a Broker and/or Investment Adviser at AMHERST PIERPONT located at 245 PARK AVENUE, 15TH FLOOR, NEW YORK, NY, 10167.

JOSEPH NORTON WALSH has worked at AMHERST PIERPONT since October 14, 2014

Disclosure History

JOSEPH NORTON WALSH has 4 Disclosure Event(s).

Date: September 02, 2011
Category: Customer Dispute
Allegations: "THE FEDERAL HOUSING FINANCE AGENCY (FHFA), AS CONSERVATOR FOR THE FEDERAL HOME LOAN MORTGAGE CORPORATION ("FHLMC") AND THE FEDERAL NATIONAL MORTGAGE ASSOCIATION ("FNMA"), ASSERTS VARIOUS CLAIMS UNDER STATE AND FEDERAL SECURITIES LAWS AND COMMON LAW CLAIMS IN CONNECTION WITH THE PURCHASE OF PRIVATE LABEL MORTGAGE-BACKED SECURITIES BY THE FHLMC AND FNMA. THE INDIVIDUAL WAS NAMED BECAUSE, ACCORDING TO THE COMPLAINT, HE WAS AN OFFICER AND/OR DIRECTOR OF A RELEVANT ENTITY AND WAS A SIGNATORY TO THE REGISTRATION STATEMENT".
Damage Amount Requested: $5,000.00
Settlement Amount: $550,000,000,000.00

Date: March 28, 2011
Category: Customer Dispute
Allegations: THE PLAINTIFF ALLEGES THAT RBS FINANCIAL PRODUCTS (ALONG WITH CERTAIN OTHER NAMED DEFENDENTS) OFFERED AND SOLD CERTIFICATES BY MEANS OF FALSE AND MISLEADING STATEMENTS OF MATERIAL FACT AND OMMISSIONS OF MATERIAL FACTS NECESSARY TO MAKE THE STATEMENT NOT MISLEADING
Damage Amount Requested: $5,000.00
Settlement Amount: $15,000.00
Broker Comment: JOSEPH WALSH IS NAMED BECAUSE, ACCORDING TO THE COMPLAINT, HE WAS AN OFFICER AND DIRECTOR OF ONE OR MORE PRIMARY VIOLATORS AND CONTROLLED THEIR OPERATIONS.THIS CASE WAS DISMISSED WITH PREJUDICE ON 8/15/2016. THE DOLLAR AMOUNT OF THE SETTLEMENT IS CONFIDENTIAL, HOWEVER IT WAS SETTLED FOR MORE THAN $15,000. AS A RESULT OF THE SETTLEMENT, THE CASE AS TO JOSEPH N. WALSH III WAS ENDED.

Date: March 12, 2009
Category: Customer Dispute
Allegations: THE PURCHASERS OF CERTAIN MORTGAGE-BACKED SECURITIES HAVE BROUGHT CLAIMS THAT ARISE UNDER SECTIONS 11, 12(A)(2) AND 15 OF THE SECURITIES ACT.
Damage Amount Requested: $5,000.00
Settlement Amount: $11,250,000.00
Broker Comment: JOSEPH WALSH WAS NAMED BECAUSE, ACCORDING TO THE COMPLAINT, HE WAS A DIRECTOR OF ONE OFF THE ISSUING ENTITIES. JOSEPH WALSH WAS NOT REQUIRED TO CONTRIBUTE TO THE SETTLEMENT AMOUNT.

Date: May 14, 2008
Category: Customer Dispute
Allegations: THE PLAINTIFF ALLEGES THAT THE ROYAL BANK OF SCOTLAND (ALONG WITH CERTAIN OTHER NAMED DEFENDENTS) WHO ALLEGEDLY UNDERWROTE CERTAIN MORTGAGE BACKED SECURITIES SOLD TO PLAINTIFF IN PUBLIC OFFERINGS, FAILED TO DO PROPER DUE DILIGENCE REGARDING THE SECURITIES WHICH WERE COLLATERALIZED BY MORTGAGE LOANS. THE PLAINTIFF ALSO ASSERTS THAT THE DEFENDANT RATING AGENCIES DID NOT DO PROPER DUE DILIGENCE EITHER.
Damage Amount Requested: $5,000.00
Settlement Amount: $275,000,000.00
Broker Comment: JOSEPH WALSH WAS NAMED BECAUSE, ACCORDING TO THE COMPLAINT, HE WAS A DIRECTOR OF ONE OF THE ISSUING ENTITIES. AS A RESULT OF THE SETTLEMENT, THE CASE AS TO JOSEPH N. WALSH II WAS ENDED.

More Information

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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

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