RALPH HENRY PAPETTI is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 20551 N PIMA RD STES 190 & 200, SCOTTSDALE, AZ, 85255.
RALPH HENRY PAPETTI has worked at WELLS FARGO CLEARING SERVICES, LLC since September 04, 1990
RALPH HENRY PAPETTI has 3 Disclosure Event(s).
Date: November 07, 2006 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT HE DISCUSSED PURCHASING ALASKA AIR WITH HIS ADVISOR IN EARLY 2006. HE CLAIMS THAT HE STATED THAT HE WOULD LIKE TO PURCHASE "IF THE SHARES WERE PRICED AT $30/$32" AS MANY SHARES AS HE COULD WITH THE ASSETS AVAILABLE IN HIS MONEY MARKET FUND. ALASKA AIR WAS NOT PURCHASED AND CLIENT ALLEGES THAT HE MISSED THE OPPORTUNITY TO MAKE BETWEEN $10,000.00 AND $20,000.00 PROFIT IN HIS ACCOUNT. Damage Amount Requested: $20,000.00 Broker Comment: A THOROUGH INVESTIGATION SHOWS THAT THE CLIENT DID NOT, AT ANY TIME, PLACE AN ORDER, OR GIVE OPEN INSTRUCTIONS, TO PURCHASE ALASKA AIR. ABSOLUTELY NO EVIDENCE OF INAPPROPRIATE ACTIVITY WAS FOUND. THE CLAIM IS DENIED.
Date: July 28, 2000 Category: Customer Dispute Allegations: CLIENT HAS ALLEFED THAT TRADE INSTRUCTIONS THAT WERE SENT VIA ELECTRONIC MAIL WERE NOT FOLLOWED. THE FIRM HAS NORECORD OF RECEIVING INSTRUCTIONS. Damage Amount Requested: $93,228.00
Date: October 10, 1994 Category: Customer Dispute Allegations: PURCHASE OF SHARES OF RYMAC MORTGAGEINVESTMENT CORP. WERE UNSUITABLE FOR PENSION PLAN. SEEKS$22,752.24 IN DAMAGES PLUS PUNITIVE DAMAGES, INTEREST,ATTORNEYS FEES AND COSTS. Damage Amount Requested: $22,752.24 Settlement Amount: $16,000.00 Broker Comment: THE FIRM AND THE CLAIMANT AGREED TO AN AMICABLESETTLEMENT IN THE AMOUNT OF $16,000.00 SOLELY FOR BUSINESSCONSIDERATIONS.Not Provided
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