RICHARD TIMOTHY DESMEDT is currently employed as a Broker and/or Investment Adviser at AXA ADVISORS, LLC located at 135 E. ALGONQUIN ROAD, SUITE C, ARLINGTON HEIGHTS, IL, 60005.
RICHARD TIMOTHY DESMEDT has worked at AXA ADVISORS, LLC since January 24, 1986
Disclosure History
RICHARD TIMOTHY DESMEDT has 1 Disclosure Event(s).
Date: November 28, 2001 Category: Customer Dispute Allegations: CLIENT ALLEGES THE AGENT MADE MISREPRESENTATIONS AND FALSIFIED DOCUMENTS DURING THE SALE OF MUTUAL FUNDS. CLIENT FURTHER ALLEGES THE SALE WAS UNSUITABLE DUE TO HER FINANCIAL STATUS. CLIENT REQUESTED A REFUND OF $38,136.19. Damage Amount Requested: $38,136.19 Settlement Amount: $10,027.56 Broker Comment: EQUITABLE AGREED TO REFUND THE ORIGINAL INVESTMENTS. THIS TRANSACTION RESULTED IN A LOSS TO THE FIRM OF $10,027.56.
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