RAYMOND ERNEST LEE

RAYMOND ERNEST LEE is currently employed as a Broker and/or Investment Adviser at RAYMOND JAMES & ASSOCIATES, INC. located at 5847 SAN FELIPE ROAD, SUITE 1400 &1550, HOUSTON, TX, 77057.

RAYMOND ERNEST LEE has worked at RAYMOND JAMES & ASSOCIATES, INC. since November 15, 1994

Disclosure History

RAYMOND ERNEST LEE has 1 Disclosure Event(s).

Date: June 16, 1998
Category: Customer Dispute
Allegations: CHURNING, UNSUITABILITY, GROSS NEGLIGENCE,FRAUD, BREACH OF FIDUCIARY DUTY, AND VIOLATIONS OF STATE ANDFEDERAL SECURITIES LAWS. ALLEGED ACTUAL DAMAGES OF $150,000PLUS INTEREST, COSTS, ATTORNEYS FEES, AND PUNITIVE DAMAGES OF$1,000,000.00.
Damage Amount Requested: $150,000.00
Settlement Amount: $33,000.00
Broker Comment: IN EXCHANGE FOR RELEASE OF ALL CLAIMS, RAYMONDJAMES AND CHIP LEE SETTLED WITH THE [CUSTOMERS] FOR $66,666.66.RAYMOND JAMES AND LEE EACH CONTRIBUTING $33,333.33 TO THESETTLEMENT.NOT PROVIDED

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

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.

To view the full report for RAYMOND ERNEST LEE, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.