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Rene' A Flores

Rene' A Flores is currently employed as a Broker and/or Investment Adviser at EDWARD JONES located at 1340 WEST VALLEY PARKWAY, SUITE 104, ESCONDIDO, CA, 92029-2135.

Rene' A Flores has worked at EDWARD JONES since January 16, 1998

Disclosure History

Rene' A Flores has 2 Disclosure Event(s).

Date: June 28, 2002
Category: Customer Dispute
Allegations: CLIENT STATES ON JANUARY 14, 2000 HE INSTRUCTED FLORES TO SELL 115 SHARES OF IDCC. CLIENT STATES FLORES INADVERTANTLY PURCHASED 115 SHARES OF IDCC INSTEAD. CLIENT SOLD HIS POSITION IN IDCC ON DECEMBER 12, 2000. CLIENT STATES FLORES HAS FAILED TO RESOLVE THE MATTER AND THE CLIENT HAS SUFFERED A LOSS OF AROUND $10,000. **************ARBITRATION CASE DESCRIPTION: ALLEGATIONS OF BREACH OF FIDUCIARY DUTY, FRAUD, DECEIT AND OMISSION OF MATERIAL FACT, FRAUDULENT CONCEALMENT, NEGLIGENCE MISREPRESENTATION, BREACH OF IMPLIED CONVENANT OF GOOD FAITH AND FAIR DEALING, VIOLATION OF FEDERAL AND CALIFORNIA SECURITIES LAWS, VIOLATION OF CALIFORNIA'S CIVIL CODE AND BUSINESS AND PROFESSIONAL CODE, VIOLATION OF NUMEROUS NASD RULES, BREACH OF WRITTEN CONTRACT, AND FAILURE TO SUPERVISE THROUGH FLORES' ALLEGEDLY UNAUTHORIZED PURCHASE OF 115 SHARES OF IDCC IN CLAIMANT'S ACCOUNT. (AMOUNT CLAIMED: $9,999)
Damage Amount Requested: $10,000.00
Settlement Amount: $9,000.00
Broker Comment: FLORES WAS INSTRUCTED TO PLACE A SELL OF 115 SHS OF IDCC FOR CLIENT BUT IN ERROR PLACED A BUY. FLORES STATES HE IMMEDIATELY CONTACTED THE CLIENT TO INFORM HIM OF THE ERROR AND LET HIM KNOW IT WOULD BE CORRECTED. FLORES STATES THE CLIENT INSTRUCTED HIM NOT TO CORRECT THE TRADE AND LEAVE THE BUY IN THE ACCOUNT. FLORES STATES IN FEBRUARY THE CLIENT AGAIN DECLINED TO HAVE THE TRADE CORRECTED IN AS THE STOCK WAS BRIEFLY TRADING ABOVE HIS JANUARY 14 PURCHASE PRICE. ON OCTOBER 3, 2002, THE FIRM HAS MADE AN OFFER OF $2070 WHICH REPRESENTS WHAT IT WOULD HAVE COST TO CORRECT THE TRADE IN FEBRUARY AT A PRICE OF $31. AT THIS TIME, THE OFFER HAS NOT BEEN ACCEPTED.********************************ARBITRATION RESOLUTION DESCRIPTION: SETTLED FOR $9,000 ($4,000 PAID BY FLORES; $5,000 PAID BY JONES)

Date: May 02, 1984
Category: Criminal
Charges: CT. 1: HS11350-POSSESSION OF A CONTROLLED SUBSTANCE - FELONY - DIVERSIONCT 2: HS11550 - UNDER INFLUENCE OF CONTROLLED SUBSTANCE, MISDEMEANOR, DIVERSION Charge Type: FELONY
Disposition: SETTLEMENT - NO FORMAL CHARGES BECAUSE I AGREEDTO A DIVERSION PROGRAM WHICH WAS A SIX WEEK AWARENESS CLASS.THE SETTLEMENT ALSO STATED THAT IF I WENT TO THIS CLASS CHARGESWERE DISMISSED; PER DIVERSION PROGRAM.
Broker Comment: I WAS A PASSENGER IN MY FRIENDS CAR AND WE WERE PULLED OVER BY THE POLICE AND ARRESTED FOR BEING UNDER THE INFLUENCE OF COCAINE. I ENTERED A DIVERSION PROGRAMAND ALL CHARGES WERE DISMISSED WITHIN 6 MONTHS.

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.

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