MARK LARRY DELGADILLO

MARK LARRY DELGADILLO is currently employed as a Broker and/or Investment Adviser at D.A. DAVIDSON & CO. located at 111 W. MICHELTORENA ST, SUITE 200, SANTA BARBARA, CA, 93101.

MARK LARRY DELGADILLO has worked at D.A. DAVIDSON & CO. since November 25, 2013

Disclosure History

MARK LARRY DELGADILLO has 2 Disclosure Event(s).

Date: October 25, 2010
Category: Customer Dispute
Allegations: CLAIMANTS ALLEGE, INTER ALIA,THAT BEGINNING IN JULY 205 THE FINANCIAL ADVISOR FAILED TO INFORM THE CLAIMANTS OF THE TAX CONSEQUENCES AND THE FORFEITING OF THEIR MINIMUM DEATH BENEFITS AS A RESULT OF THE EARLY SURRENDER OF THEIR VARABLE ANNUITIES.CLAIMANTS ALSO ALLEGE THAT THE FA'S RECOMMENDATION TO TRANSFER THEIR MONEY INTO TRAK ACCTS.WAS UNSUITABLE.
Damage Amount Requested: $207,313.46
Settlement Amount: $150,000.00
Broker Comment: THE MATTER SETTLED FOR BUSINESS PURPOSES. THE FA HAD NO INVOLVMENT IN THE TRANSACTION AT ISSUE AND DID NOT CONTRIBUTE TO THE SETTLEMENT.

Date: September 30, 2004
Category: Customer Dispute
Allegations: CLIENT ALLEGES, INTER ALIA, THAT CERTAIN INVESTMENTS STARTING IN 2002 WERE INAPPROPRIATE. NO SPECIFIC DAMAGE AMOUNT WAS SPECIFIED BUT A GOOD FAITH ESTIMATE OF THE CLAIMED DAMAGES EXCEEDS $#5,000.00.
Settlement Amount: $5,000.00
Broker Comment: THIS MATTER WAS SETTLED TO AVOID THE COSTS AND UNCERTAINTIES OF LITIGATION.

More Information

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