RICKY DEAN JENSEN

RICKY DEAN JENSEN is currently employed as a Broker and/or Investment Adviser at WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC located at 207 E CAPITAL AVE STE 105, PIERRE, SD, 57501.

RICKY DEAN JENSEN has worked at WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC since March 16, 2007

Disclosure History

RICKY DEAN JENSEN has 2 Disclosure Event(s).

Date: April 13, 2010
Category: Customer Dispute
Allegations: CLIENT ALLEGED UNAUTHORIZED TRADES. (DATES OF ACTIVITY WITH WELLS FARGO 03/2007 THROUGH NOVEMBER 2008)***ARBITRATION ALLEGATIONS: CLAIMANT, RESIDENT OF FLORIDA, ALLEGES BETWEEN APRIL 2007 AND NOVEMBER 2008 UNSUITABLE INVESTMENT RECOMMENDATIONS FOR THE PURCHASE OF EQUITIES WERE MADE. CLAIMANT IS SEEKING DAMAGES OF $143,000 FROM RESPONDENTS, JOINTLY AND SEVERALLY.
Damage Amount Requested: $143,000.00
Settlement Amount: $60,000.00
Broker Comment: RESPONDENT WELLS FARGO AGREED TO SETTLE THIS MATTER FOR $40,000.00 IN ORDER TO AVOID THE DISTRACTION AND EXPENSE OF FURTHER ARBITRATION. THIS SETTLEMENT DOES NOT REPRESENT AN ADMISSION BY RESPONDENT OF LIABILITY, WRONGDOING, OR VIOLATION OF LAW. WELLS FARGO ADVISORS CONTRIBUTED $40,000.00 TO THE SETTLEMENT AND CITIGROUP CONTRIBUTED $20,000.

Date: June 14, 2001
Category: Customer Dispute
Allegations: CLIAMANT CLAIMS HIS FINANCIAL ADVISOR MADE MISREPRESENTATIONS, UNSUITABLE INVESTMENTS, SUITABLILITY AND ENGAGED IN CHURNING.
Damage Amount Requested: $200,000.00
Settlement Amount: $80,000.00
Broker Comment: MATTER SETTLED TO AVOID THE EXPENSE OF LITIGATION.

More Information

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