MALCOLM HARDY DUDLEY is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 1950 UNIVERSITY AVE STE 300, UNIVERSITY CIRCLE, EAST PALO ALTO, CA, 94303.
MALCOLM HARDY DUDLEY has worked at WELLS FARGO CLEARING SERVICES, LLC since December 18, 2000
Disclosure History
MALCOLM HARDY DUDLEY has 1 Disclosure Event(s).
Date: March 13, 1996 Category: Customer Dispute Allegations: CUSTOMERS ALLEGE FIRM AND REGISTEREDREPRESENTATIVE MADE MISREPRESENTATIONS IN 1983 REGARDING SAFETYOF NEW JERSEY LIFE WHOLE LIFE INSURANCE POLICIES AND CLAIMEDLOSS OF $1.4 MILLION AS A RESULT OF DECREASE IN CASH VALUESAFTER NEW JERSEY LIFE WAS PLACED INTO RECEIVERSHIP IN 1991. Damage Amount Requested: $1,500,000.00 Settlement Amount: $297,500.00 Broker Comment: CLAIM WAS SETTLED FOR FIRM`S PROMISE TO PAYCUSTOMERS $297,500.00 IN EXCHANGE FOR EXECUTED GENERAL RELEASEFROM SAME.I ADAMANTLY DENY HAVING MADE ANYMISREPRESENTATIONS REGARDING THESE LIFE INSURANCE POLICIES, ANDI HAVE NOT BEEN ASKED TO MAKE ANY CONTRIBUTION TO THISPERFORMANCE RELATED SETTLEMENT.
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