KEITH EDELBERT GILMORE

KEITH EDELBERT GILMORE is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 119 DAVIS RD STE 4B, AUGUSTA, GA, 30907-0212.

KEITH EDELBERT GILMORE has worked at LPL FINANCIAL LLC since November 20, 2009

Disclosure History

KEITH EDELBERT GILMORE has 2 Disclosure Event(s).

Date: September 23, 1996
Category: Customer Dispute
Allegations: BREACH OF FIDUCIARY DUTY, MISREPRESENTATION,FRAUD, DECEIT, BREACH OF CONTRACT, CONVENANT OF GOOD FAITH ANDGOOD DEALING, VIOLATION OF SECRUITIES ACT OF 1933, VIOLATION OFCALIFORNIA SECURITIES ACT OF 1968, NEGLIGENT MISREPRESENTATION,NEGLIGENT MANAGEMENT, AND CONVERSION. SEEKING DAMAGES IN EXCESSOF $53,000.
Settlement Amount: $40,000.00
Broker Comment: A. G. EDWARDS & SONS, INC. SETTLED WITH THECLIENT FOR $40,000. MR. GILMORE WILL CONTRIBUTE $20,000THE CUSTOMER ACCOUNT HAD A POSITIVE TOTAL RETURN OFOVER $14,000.

Date: October 17, 1989
Category: Customer Dispute
Allegations: CUSTOMER ALLEGED THAT THE RESPONDENTSACTED FRAUDULENTLY, NEGLIGENTLY, AND IN BREACH OF THEIRFIDUCIARY DUTY TO HER IN MANAGEMENT OF HER SECURITIES ACCOUNTAT THOMSON MCKINNON SECURITIES, INC. SHE ALSO ALLEGED THAT THERESPONDENTS FAILED TO DISCLOSED THE SEVERE RISKS OF THEPOSITIONS ESTABLISHED IN HER ACCOUNT AND THE FACT THAT THEYWERE NOT SUITABLE FOR SOMEONE OF HER INVESTMENT OBJECTIVES,FINANCIAL SITUATION AND NEEDS. Damages Granted: $26,152.00
Broker Comment: AWARD WAS $26,152 + INTEREST FROM POST JUDGEMENTDAY.CUSTOMER WAS INFORMED AND HAD OVER 4 YEARSOF OPTION & MARGIN TRADING EXPERIENCE. IN 1983 SHE LOST$10,445.21 IN OPTIONS & MADE APPROXIMATELY (BY 1987 $30,000 ONTANDY STOCK BOUGHT ON MARGIN. BECAUSE OF MY OWN SEVERE LOSSESIN THE OCT 1987 CRASH I COULD NOT AFFORD TO GO TO CHICAGO TODEFEND MYSELF AND I DIDN'T THINK SHE HAD A CASE, IF SHEPRESENTED HER OPINIONS HONESTLY, ANYWAY, THIS ARBITRATIONPROCEEDING WAS A SHAM AND I VIGOROUSLY STAND BY MY CASE. SHEGETS PROFITS, I GET HER LOSS.

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

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.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

To view the full report for KEITH EDELBERT GILMORE, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.