KENNETH FRANCIS LEMUNYON is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 331 NEWMAN SPRINGS RD BLDG 2, 3RD FLOOR, RED BANK, NJ, 07701.
KENNETH FRANCIS LEMUNYON has worked at WELLS FARGO CLEARING SERVICES, LLC since January 01, 2008
Disclosure History
KENNETH FRANCIS LEMUNYON has 3 Disclosure Event(s).
Date: June 30, 2009 Category: Customer Dispute Allegations: CLIENT ALLEGED UNSUITABILITY. (DAMAGES NOT SPECIFIED, BUT BELIEVED TO EXCEED $5,000.) (01/01/2008-12/31/2008) Broker Comment: BASED ON THE 12 YEAR PROFESSIONAL RELATIONSHIP I HAD WITH THESE CLIENTS, I BELIEVE THE RECOMMENDATIONS MADE TO THEM WERE SUITABLE. THE RECOMMENDATIONS WERE MADE BASED ON INFORMATION THE CLIENTS PROVIDED REGARDING THEIR INVESTMENT NEEDS AND GOALS.
Date: August 08, 2003 Category: Customer Dispute Allegations: ALLEGED INAPPROPRIATE INVESTMENTS AND BREACH OF FIDUCIARY DUTY. Damage Amount Requested: $57,000.00
Date: September 27, 2002 Category: Customer Dispute Allegations: ALLEGED UNSUITABLE INVESTMENTS; BREACH OF FIDUCIARY DUTY; EXCESSIVE TRADING; NEGLIGENCE; MISREPRESENTATION. Damage Amount Requested: $150,000.00 Settlement Amount: $46,500.00 Broker Comment: PER THE SETTLEMENT AGREEMENT I WAS DISMISSED WITH PREJUDICE FROM THIS ARBITRATION. THE ARBITRATION PANEL RECOMMENDS EXPUNGEMENT OF ALL REFERENCE TO THIS MATTER FROM MY REGISTRATION RECORDS MAINTAINED BY THE NASD CRD.
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