LYLE DAVID LITZENBERGER is currently employed as a Broker and/or Investment Adviser at GENEOS WEALTH MANAGEMENT, INC. located at 105 MONTGOMERY AVENUE, SUITE 1053, MONTGOMERYVILLE, PA, 18936.
LYLE DAVID LITZENBERGER has worked at GENEOS WEALTH MANAGEMENT, INC. since July 01, 2004
Disclosure History
LYLE DAVID LITZENBERGER has 2 Disclosure Event(s).
Date: April 21, 2011 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT REPRESENTATIVE FAILED TO FOLLOW INSTRUCTIONS OF CLIENTS POWER OF ATTORNEY, PRIOR TO CLIENTS DEATH, TO LIQUIDATE PRUDENTIAL ANNUITY IN JANUARY 2011. Damage Amount Requested: $97,346.58 Settlement Amount: $56,500.00 Broker Comment: I VEHEMENTLY DENY ANY AND ALL THE ALLEGATIONS INCLUDED IN THIS LAWSUIT.
Date: September 23, 1997 Category: Employment Separation After Allegations Firm Name: WASHINGTON SQUARE SECURITIES, INC. Termination Type: Permitted to Resign Allegations: INTERNAL REVIEW INVOLVING A CUSTOMER COMPLAINT Broker Comment: PERMITTED TO RESIGN. CLIENT CLAIMED THE SALES CHARGE WAS NOT DISCLOSED AND THE SIGNATURE WAS NOT GENUINE ON APPLICATIONS. THE TRANSACTION WAS TO BE PROCESSED AS AN `NAV` INVESTMENT. HOWEVER THE NAV PURCHASE LETTER WAS NEVER FORWARDED TO THE MUTUAL FUND CO. RESULTING IN A SALES CHARGE. I DID RESPOND IMMEDIATELY WITH A LETTER TO THE FUND COMPANY TO HAVE THE TRANSACTION REVERSED. THE HOME OFFICE DELAYED FOR 2 MONTHS IN CORRECTING THIS PROBLEM. THE CLIENT BECAME WORRIED ABOUT GETTING HER MONEY BACK AND THEN CLAIMED THE SIGNATURE WAS NOT GENUINE. I HIRED ANATTORNEY TO PROVE THE SIGNATURE WAS GENUINE BECAUSE THE CLIENT SIGNED THE APPLICATION IN MY PRESENCE.
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