LORILEE PEARL WELLS

LORILEE PEARL WELLS is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 13000 NE 20TH STREET, BELLEVUE, WA, 98004.

LORILEE PEARL WELLS has worked at LPL FINANCIAL LLC since January 03, 2014

Disclosure History

LORILEE PEARL WELLS has 1 Disclosure Event(s).

Date: January 23, 2013
Category: Financial
Type: Compromise
Disposition: Satisfied/Released
Broker Comment: DEBT SETTLEMENT OCCURED DUE TO EXSTREMELY HIGH INTEREST RATE. THIS WAS AN ATTEMPT TO AVOID PAYING ELEVATED INTEREST RATES FOR 6 YEARS. THE FORMER PAYMENT SCHEDULE INCLUDED INCREASED INTEREST PAYMENTS OVER TIME THAT WOULD HAVE EXCEEDED THE PRINCIPLE BALANCE OF THE ORIGINAL LOAN. BASED ON THE PAYMENTS ALREADY MADE SINCE 2010 AND THE SETTLEMENT AMOUNT OF 8,620.00 THE CREDITOR WAS PAID THE PRINCIPLE IN FULL PLUS THE ORIGINAL INTEREST RATE ON THE ORIGINAL AGREEMENT.

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 LORILEE PEARL WELLS, click here.

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