LLOYD DAVIS RAINES is currently employed as a Broker and/or Investment Adviser at RBC CAPITAL MARKETS, LLC located at 3 LANDMARK SQUARE, SUITE100, STAMFORD, CT, 06901-2514.
LLOYD DAVIS RAINES has worked at RBC CAPITAL MARKETS, LLC since March 09, 2002
Disclosure History
LLOYD DAVIS RAINES has 2 Disclosure Event(s).
Date: December 02, 2008 Category: Customer Dispute Allegations: CUSTOMER CLAIMS HIS BROKER RECOMMENDED THE PURCHASE OF LAS VEGAS SANDS CORP. AFTER AN UPSWING IN THE SHARE PRICE AND THEN NEGLECTED TO LIMIT THE LOSSES AS THE SHARE PRICE DROPPED. Damage Amount Requested: $24,083.18
Date: September 14, 1988 Category: Customer Dispute Allegations: CLIENT CLAIMED NOT TO KNOW THAT HE WAS ONMARGIN DESPITE HAVING TWO MARGIN AGREEMENTS ON FILE. WISHED TOBE INDEMNIFIED FOR LOSSES SUSTAINED IN 1987 MARKET CRASH OFAPPROXIMATELY $120,000. EXACT NATURE OF DAMAGES NEVERESTABLISHED Damage Amount Requested: $120,000.00 Damages Granted: $60,410.50 Broker Comment: CLAIMANT WAS AWARDED $60,410.50 WITHOUT INTEREST.CLAIMANT WAS TO PAY COST OF ARBITRATION OF $6000-. THE CLAIMANTWAS ALSO EXPECTED TO PAY FEES OF $2245.00 THERE WERE NO SUSPENSION OR RESTRICTIONS AS A RESULT OF THECASE.
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