RAYMOND NEIL ALLEN

RAYMOND NEIL ALLEN is currently employed as a Broker and/or Investment Adviser at CAMBRIDGE INVESTMENT RESEARCH, INC. located at 24320 Grand View Ave, Colfax, CA, 95713.

RAYMOND NEIL ALLEN has worked at CAMBRIDGE INVESTMENT RESEARCH, INC. since January 02, 2018

Disclosure History

RAYMOND NEIL ALLEN has 1 Disclosure Event(s).

Date: July 15, 2015
Category: Customer Dispute
Allegations: Customers allege that investments were unsuitable and have resulted in losses to the customers. Customers also allege that variable annuities were not surrendered in a timely manner which caused them to be charged a penalty.
Damage Amount Requested: $200,000.00
Broker Comment: The firm responded to the client November 20, 2015, with information regarding contacting Jackson National Life, and information regarding the suitability determination of the investment recommendations. The firm left the file open for nine months, but to date, there has been no further correspondence from the client. Therefore, the firm considers the matter closed at this time.

More Information

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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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