NATHAN NEWMAN is currently employed as a Broker and/or Investment Adviser at THE OAK RIDGE FINANCIAL SERVICES GROUP, INC. located at 701 XENIA AVENUE S STE 100, GOLDEN VALLEY, MN, 55416.
NATHAN NEWMAN has worked at THE OAK RIDGE FINANCIAL SERVICES GROUP, INC. since April 28, 1997
Disclosure History
NATHAN NEWMAN has 9 Disclosure Event(s).
Date: April 06, 1999 Category: Customer Dispute Allegations: ALLEGED-BREACH OF CONTRACT, NEGLIGENTSUPERVISION AND VIOLATE MINNESOTA'S CONSUMER FRAUD PROTECTIONSTATUTE. ALLEGED-TRADING LOSSES OF $126,549.00 PLUS INTEREST. Damage Amount Requested: $126,549.00 Broker Comment: PENDINGNOT PROVIDED
Date: May 19, 1995 Category: Regulatory
Date: November 11, 1994 Category: Customer Dispute Allegations: COMPLAINT ARISES OUT OF THE ACTIONS OF ABROKER EMPLOYED BY EQUITY SECURITIES AND SUPERVIED BY NATHANNEWMAN DURING THE PERIOD 1991-1992. ALLEGATIONS INCLUDEUNSUITABLE INVESTMENTS, UNAUTHORIZED TRADES NEGLIGENT HIRINGAND SUPERVISION, CHURNING. ALLEGED DAMAGES ARE IN EXCESS OF$300,000 Damage Amount Requested: $573,000.00 Broker Comment: NATHAN NEWMAN MADE NO PAYMENT TO CLAIMANTS.NATHAN NEWMAN WAS ADDED AS A RESPONDENT IN THEAMENDED STATEMENT OF CLAIM. AT THAT TIME, CLAIMANTS COUNSEL HADTHREATENED TO ADD MR. NEWMAN AS A RESPONDENT IF EQUITYSECURITIES DID NOT SETTLE WITH CLAIMANTS. THE CLAIMS AGAINSTEQUITY SECURITIES WERE SETTLED ON AUGUST 27, 1996.
Date: March 03, 1994 Category: Regulatory
Date: February 23, 1994 Category: Customer Dispute Allegations: COMPLAINT ARISES OUT OF ACTIONS OF A BROKEREMPLOYED BY EQUITY SECURITIES AND SUPERVISED BY NATHAN NEWMANDURING THE PERIOD 1989-1991. ALLEGATIONS INCLUDE:UNSUITABLEINVESTMENTS, UNAUTHORIZED TRADING, NEGLIGENT HIRING ANDSUPERVISION, CHURNING & PROHIBITED LOAN TRANSACTION. ALLEGEDDAMAGES ARE IN EXCESS OF $500,000 Damage Amount Requested: $2,977,464.50 Broker Comment: NATHAN NEWMAN MADE NO PAYMENT TO CLAIMANTS.NATHAN NEWMAN WAS ADDED AS A RESPONDENT IN THEAMENDED STATEMENT OF CLAIM. AT THAT TIME, CLAIMANTS COUNSEL HADTHREATENED TO ADD MR. NEWMAN AS A RESPONDENT IF EQUITYSECURITIES DID NOT SETTLE WITH CLAIMANTS. THE CLAIMS AGAINSTEQUITY SECURITIES WERE SETTLED ON AUGUST 27, 1996.
Date: February 03, 1986 Category: Regulatory Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Resolution: Decision SanctionDetails: Sanctions: Censure Broker Comment: Not Provided
Date: December 02, 1980 Category: Regulatory
Date: August 04, 1980 Category: Regulatory Initiated By: SECURITIES AND EXCHANGE COMMISSION Resolution: Consent SanctionDetails: Sanctions: Suspension Broker Comment: Not Provided
Date: January 20, 1977 Category: Regulatory
More Information
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