RICHARD ALBERT SELKER is currently employed as a Broker and/or Investment Adviser at RAYMOND JAMES FINANCIAL SERVICES, INC. located at 1000 NOBLE ENERGY DRIVE, SUITE 240, CANONSBURG, PA, 15317.
RICHARD ALBERT SELKER has worked at RAYMOND JAMES FINANCIAL SERVICES, INC. since January 04, 1999
RICHARD ALBERT SELKER has 2 Disclosure Event(s).
Date: May 03, 2000 Category: Customer Dispute Allegations: REP WAS TO LOQUIDATE POSITION AT BREAKEVEN. DUE TO MISCALCULATION, IT WAS LIQUIDATED AT A LOSS. Damage Amount Requested: $89,000.00
Date: February 12, 1999 Category: Customer Dispute Allegations: NEGLIGENCE. I BEGAN PROVIDING DAILY CUSTOM SPREADSHEETS OF ALL CLIENT'S HOLDINGS 8/98, INCLUDING SOME HELD AT OTHER BROKER AND BY CLIENT. AN ERROR IN INCORRECTLY CALCULATING STOCK SPLIT OF HERBALIFE SHARES CAUSED DAILY CUSTOM SPREADSHEETS TO CARRY WRONG TOTAL VALUE. CLIENT ALLEGES THEY SOLD ALL INVESTMENTS IN FEBRUARY '99 BASED ON SPREADSHEET VALUE. WHEN ERROR WAS IDENTIFIED A FEW DAYS AFTER SELLING, THE CLIENT REFUSED TO CANCEL AND CORRECT TRADES FOR FREE, AND TO CORRECT AT A PROFIT FOR SIX MONTHS THEREAFTER. CLIENT SOUGHT TO HAVE ME PAY FOR PAPER LOSSES REALIZED, BUT REFUSED CORRECTING ERROR. FORMER CLIENT HAS SINCE DROPPED ALL ALLEGATIONS Damage Amount Requested: $80,000.00 Broker Comment: PLEASE ARCHIVE. THIE WAS A WRITTEN CUSTOEMR COMPALINT THAT IS MORE THAN 24 MONTHS OLD AND DID NOT RESULT IN A SETTLEMENT OF $10,000 ORE MORE. 14I(1)(A) IS MARKED SOLELY BECAUSE IT'S A REQUIRED FORM.
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