MICHAEL R DAMBECK is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 1899 Western Way, Suite 450, Torrance, CA, 90501.
MICHAEL R DAMBECK has worked at LPL FINANCIAL LLC since October 05, 2011
Disclosure History
MICHAEL R DAMBECK has 2 Disclosure Event(s).
Date: September 08, 2014 Category: Customer Dispute Allegations: CLAIMANT ALLEGES UNSUITABLE INVESTMENTS. Damage Amount Requested: $100,000.00 Settlement Amount: $20,000.00 Broker Comment: SETTLEMENT PROVIDED SOLELY BY SECURITIES AMERICA WHICH FOUND NO FAULT ON ANY LEVEL; ADVISOR ACTED PROPERLY IN DISCLOSING ALL RISKS AND INVESTMENT DETAILS WITH THE KNOWLEDGE AND CONSENT OF THE CUSTOMER. COMPLAINT WAS SETTLED BY FORMER BROKER DEALER WITHOUT ANY FINDING, WRONG DOING OR ARBITRATION. ADVISOR BELIEVES THE CLAIM IS UNFOUNDED AND DENIES ANY WRONGDOING. ADVISOR IS ASSISTING FORMER BROKER/DEALER, SECURITIES AMERICA, TO INVESTIGATE AND RESOLVE THE MATTER EXPEDITIOUSLY.
Date: January 02, 2007 Category: Regulatory
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