MARY KATHLEEN SULLIVAN

MARY KATHLEEN SULLIVAN is currently employed as a Broker and/or Investment Adviser at SECURITIES AMERICA, INC. located at 1055 E COLORADO BLVD STE 500, Suite 500, PASADENA, CA, 91106.

MARY KATHLEEN SULLIVAN has worked at SECURITIES AMERICA, INC. since December 08, 2016

Disclosure History

MARY KATHLEEN SULLIVAN has 2 Disclosure Event(s).

Date: April 13, 2000
Category: Customer Dispute
Allegations: IN AUGUST 1999 SULLIVAN ADVISED CLIENT THAT $20,000 WITHDRAWAL FORM A UNIVERSAL LIFE INSURANCE POLICY WOULD NOT BE TAXABLE. WITHDRAWAL WAS TAXABLE AND CLIENT INCURRED $6,000 IN TAX LIABILITY FOR 1999 ON THE WITHDRAWAL. COMPLAINT WAS SETTLED BY SULLIVAN'S E&O INSURANCE CARRIER FOR $5,000.
Damage Amount Requested: $6,000.00
Settlement Amount: $5,000.00

Date: October 09, 1992
Category: Customer Dispute
Allegations: COMPLAINT FOR DAMAGES DUE TO UNSUITABLEINVESTMENT AND RELATED COMPLAINTS
Damage Amount Requested: $100,000.00
Settlement Amount: $35,000.00
Broker Comment: ACTION DISMISSED WITH PREJUDICE AGAINT ME.CALVERT SECURITIES PAID A $35,000 SETTLEMENT.CLIENT HAD NET WORTH IN EXCESS OF $1.7 MILLION.SHE IS A SOPHISTICATED AND EXPERIENCED INVESTOR. SHE PURCHASED$100,000 OF IDM-PIC '90. WHEN THE INVESTMENT FAILED CLIENTWANTED HER MONEY BACK. CASE WAS DISMISSED WITH PREJUDICE.

More Information

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