ROBERT BURDETTE HESLER is currently employed as a Broker and/or Investment Adviser at PFS INVESTMENTS INC. located at 639 E OCEAN AVE, SUITE 206A, BOYNTON BEACH, FL, 33435.
ROBERT BURDETTE HESLER has worked at PFS INVESTMENTS INC. since August 19, 1996
Disclosure History
ROBERT BURDETTE HESLER has 1 Disclosure Event(s).
Date: September 16, 2011 Category: Customer Dispute Allegations: ALLEGED MISSTATEMENTS RELATED TO EMPLOYEE'S DECISION TO TRANSFER FROM A NON-PFS INVESTMENTS DEFINED BENEFIT TO A NON-PFS INVESTMENTS DEFINED CONTRIBUTION PLAN. Damage Amount Requested: $500,000.00 Settlement Amount: $32,081.00 Broker Comment: A LAW FIRM BROUGHT A NUMBER OF COOKIE-CUTTER CASES AGAINST PFS INVESTMENTS, INC. (PFSI), AND SEVERAL OF ITS REGISTERED REPRESENTATIVES, THAT PFSI BELIEVES WERE SPECIOUS AND BARRED BY THE APPLICABLE STATUE OF LIMITATIONS, INCLUDING THIS ONE AGAINST ME. AFTER WINNING SEVERAL COURT CASES ON STATUTE OF LIMITATIONS ISSUES, TO AVOID INCURRING ENORMOUS LEGAL FEES AND COST TO DEFEND THE REST OF THE ARBITATION AND COURT CASES TO A SUCCESSFUL CONCLUSION, PFSI SETTLED WITH ALL THE REMAINING CLAIMANTS AND I WAS NOT REQUIRED TO CONTRIBUTE TO THE SETTLEMENT. THE SETTLEMENT BENEFITS ARE IN THE NATURE OF DEFERRED MONTHLY PAYMENTS THAT BEGIN IN 2024.
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