LAUCHIE HUGH MARTIN is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 2050 CORPORATE CENTRE DRIVE, SUITE 120, MYRTLE BEACH, SC, 29577.
LAUCHIE HUGH MARTIN has worked at WELLS FARGO CLEARING SERVICES, LLC since October 01, 1999
LAUCHIE HUGH MARTIN has 3 Disclosure Event(s).
Date: May 26, 1999 Category: Customer Dispute Allegations: CLIENT CLAIMS THAT MR. MARTIN GAVE POORADVICE WHEN HE TOLD CLIENT NOT TO SELL ARS STOCK. CLAIMS LOSSIN VALUE OF STOCK OF $450,000. FIRST UNION CAPITAL MARKETSCORP. IS THE EMPLOYING FIRM. Damage Amount Requested: $450,000.00 Broker Comment: CLIENTS RECEIVED STOCK FROM ARS WHEN THEY SOLDTHEIR COMPANY TO ARS. MR. MARTIN NEVER GAVE ADVICE REGARDINGHOLDING STOCK. THE CLIENTS WANTED TO HOLD STOCK. LOSSES INVALUE WERE DUE TO MARKET CONDITIONS. COMPLAINT DENIED.NOT PROVIDED.
Date: August 06, 1990 Category: Customer Dispute Allegations: DISCRETIONARY TRADING DONE FOR THE ACCOUNT BYA THIRD PARTY. CUSTOMER ALLEGES HE DID NOT EXECUTE CUSTOMERAGREEMENT. ALLEGED LOSES ARE $28.083.15. Damage Amount Requested: $28,083.15 Settlement Amount: $14,000.00 Broker Comment: THE FIRM SETTLED WITH [CUSTOMER] IN THE AMOUNTOF $14,000.00. MR. MARTIN WAS RESPONSIBLE FOR $8000.00.THE ORIGINAL PROCEEDING WAS A CIVIL SUIT AND AREQUEST REQUIRING ARBITRATION WAS FILED ON 12/27/90. SUITSETTLED BEFORE DECISION WAS MADE.
Date: December 11, 1988 Category: Customer Dispute Allegations: UNAUTHORIZED TRADES. LOSS AMOUNTING TO$30,000.00. Damage Amount Requested: $30,000.00 Settlement Amount: $30,000.00 Broker Comment: CUSTOMER WAS REIMBURSED $30,000.00SEE ATTACHED LETTER PERTAINING TO SUBSEQUENT NYSEINTERVIEW.
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