LEVERETT BRAINARD DAVIS is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 165 MAIN ST, STE 2A, DAMARISCOTTA, ME, 04543.
LEVERETT BRAINARD DAVIS has worked at WELLS FARGO CLEARING SERVICES, LLC since September 26, 2013
Disclosure History
LEVERETT BRAINARD DAVIS has 4 Disclosure Event(s).
Date: April 21, 2014 Category: Customer Dispute Allegations: CLIENT COMPLAINS ON BEHALF OF FAMILY MEMBERS THAT THEIR PURCHASES OF THE BARKLAYS VXX EXCHANGE TRADED NOTE WERE NOT APPROPRIATE FOR THEIR PORTFOLIOS. TIME FRAME OF THE PURCHASES WAS 11/09 TO 9/10. Settlement Amount: $67,565.21
Date: June 17, 2013 Category: Customer Dispute Allegations: A FORMER CLIENT QUESTIONS HIS FINANCIAL ADVISOR'S INVESTMENT ADVICE IN DECEMBER 2012, WHICH HE ALLEGES RESULTED IN LOSSES. Damage Amount Requested: $6,722.82 Settlement Amount: $3,361.41
Date: November 02, 2001 Category: Customer Dispute Allegations: ALLEGED FA FAILED TO EXCHANGE EQUITY MUTUAL FUNDS FOR BOND FUND OF SEPT. 7, 2001. THEY WERE LATER EXCHANGED ON SEPT 21ST AT A LOWER PRICE. Damage Amount Requested: $5,468.04
Date: May 30, 1997 Category: Customer Dispute Allegations: CLIENT ALLEGED THAT RISKS ASSOCIATED WITH ANINVESTMENT IN TWO REAL EASTATE L.P.S WERE NOT ADEQUATELYDISCLOSED TO CUSTOMER. Settlement Amount: $18,500.00 Broker Comment: SETTLED FOR $18,500 WITH TUCKER ANTHONY. MR.DAVIS DID NOT CONTRIBUTE TO THE SETTLEMENT.WHEN PRESENTING LIMITED PARTNERSHIPS TO CUSTMER, I MADE EVERY EFFORT TO PROVIDE & DISCLOSE ANY AND ALLDOCUMENTS TO HER. EACH IDEA WAS FIRST PRESENTED TO THEPRESIDENT OF THE BANK THAT REFERRED ME TO HER. TUCKER ANTHONYRESPECTED MY POSITION AND DID NOT FEEL I NEEDED TO CONTRIBUTETO THE SETTLEMENT. ALSO, IT SHOULD BE NOTED, CUSTOMER DID NOTCOMPLAIN ABOUT THESE INVESTMENTS FOR APPROXIMATELY EIGHT YEARSRISKS & REWARDS WERE DISCUSSED AND WE FELT THE REWARDSOUTWEIGHED THE RISKS.
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