RICK GARDNER HANDY

RICK GARDNER HANDY is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 1003 BISHOP ST, HONOLULU, HI, 96813.

RICK GARDNER HANDY has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since September 26, 1978

Disclosure History

RICK GARDNER HANDY has 2 Disclosure Event(s).

Date: December 18, 2001
Category: Customer Dispute
Allegations: CLIENTS ALLEGE INSURANCE PRODUCT WAS MISREPRESENTED DURING 1035 EXCHANGE. NO SPECIFIC DAMAGES ALLEGED.
Broker Comment: CLIENTS ALLEGATIONS WERE FOUND TO BE WITHOUT MERIT.

Date: January 22, 1992
Category: Customer Dispute
Allegations: [CUSTOMER] ALLEDGED THAT HER LIMITEDPARTNERSHIP INVESTMENTS WERE UNSUITABLE FOR HER. [CUSTOMER] REQUESTED THAT MERRILL LYNCH BUY BACK HER LIMITED PARTNERSHIPFOR $54,900.
Damage Amount Requested: $54,900.00
Settlement Amount: $47,308.45
Broker Comment: WHILE MERRILL LYNCH BELIEVED IT'S POSITION INTHIS MATTER WAS DEFENDABLE, A BUSINESS DECISION WAS MADE TOSETTLE SO AS TO AVOID THE COSTS ASSOCIATED WITH LITIGATION.ALTHOUGH, [CUSTOMER] WAS CREDITED WITH $47,308.45 SHERETURNED 40 LIMITED PARTNERSHIP UNITS TO MERRILL LYNCH.ULTIMATELY. THE PROCEEDS FROM THESE UNITS WHEN SOLD WILL OFFSETTHE AMOUNT PAID TO [CUSTOMER].NOT PROVIDED

More Information

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