MICHAEL DAVID BURROUGHS is currently employed as a Broker and/or Investment Adviser at WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC located at 7213 NOAH REID RD STE 101, CHATTANOOGA, TN, 37421.
MICHAEL DAVID BURROUGHS has worked at WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC since August 21, 2009
Disclosure History
MICHAEL DAVID BURROUGHS has 1 Disclosure Event(s).
Date: August 29, 1996 Category: Customer Dispute Allegations: ALLEGED UNSUITABLE TRADING. DAMAGES APPEARTO BE IN EXCESS OF $10,000.00 Settlement Amount: $85,000.00 Broker Comment: A.G. EDWARDS PAID $85,000.00 TO [CUSTOMERS]. MICHAEL BURROUGHS WILL PAY $42,500.00 OF THE SETTLEMENT. THROUGH THE LIFE OF THE ACCOUNT THE CLIENT AUTHORIZED EVERY TRANSACTION THAT WAS MADE. THE CLIENT WAS SATISFIED FOR 3 YEARS WITH THE WAY THE ACCOUNT WAS HANDLED. IT WAS ONLY WHEN THE ACCOUNT INCURRED A LOSS THAT PROBLEMS AROSE.
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