PHILIP ALBERT SGARIGLIA is currently employed as a Broker and/or Investment Adviser at CETERA ADVISOR NETWORKS LLC located at 1938 E LINCOLN HWY STE 108, NEW LENOX, IL, 60451.
PHILIP ALBERT SGARIGLIA has worked at CETERA ADVISOR NETWORKS LLC since September 12, 1997
PHILIP ALBERT SGARIGLIA has 3 Disclosure Event(s).
Date: February 22, 2012 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT THE VARIABLE ANNUITIES HE PURCHASED WERE NOT STRUCTURED TO UTILIZE THE DEATH BENEFIT FOR HIS HEIRS AS INTENDED. Damage Amount Requested: $49,068.17 Settlement Amount: $45,123.74
Date: July 06, 1994 Category: Customer Dispute Allegations: NOT RECORDING THE LIEN ON A PRIVATE MORTGAGEHE HELD. HIS REGISTERED REP ACCEPTED THE FUNDS AND WAS GIVENTHE SIGNED LOAN PAPERS. HE NEGLECTED TO TELL HIS CLIENT TORECORD THE NOTE. SUBSEQUENTLY, ANOTHER MORTGAGE WAS MADE ON THEPROPERTY AND BECAME A PRIOR LIEN. THE BORROWER DEFAULTED. THEREASON I WAS SUED IS BECAUSE THE REP WAS OUR TENANT AND BECUASEI PREPARED DOCUMENTS AT THE DIRECTION OF THE ATTORNEY. Settlement Amount: $15,000.00
Date: September 05, 1985 Category: Regulatory Initiated By: ILLINOIS DEPARTMENT OF FINANCIALINSTITUTIONS Allegations: SEE #12 BELOW. Resolution: Decision Sanctions: PROHIBITED FROM FUTURE DEALINGS WITH CENTRAL CREDIT UNION OF WILL COUNTY & WILL COUNTY SCHOOLS AND CREDIT UNIONS. Sanction Details: DFI DISMISSED THE BOARD OF DIRECTORS & OFFICERSOF CENTRAL CREDIT UNION OF WILL COUNTY AND WILL COUNTY SCHOOLSCREDIT UNION. ALTHOUGH NONE OF THE REASONS CITED INVOLVEDINVESTMENT ACTIVITIES AND NO ONE WAS CHARGED WITH ANY CIVILWRONGDOING OR CRIMINAL ACTION, I WAS PROHIBITED FROM FUTUREDEALINGS WITH EITHER CREDIT UNION. Broker Comment: A COPY OF THE SENTRA SECURITIES AFFIDAVIT ISATTACHED EXPLAINING THE BOARD OF DIRECTORS UNDERSTANDING OF THEEVENTS.
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