ROBERT FOSTER KRANSBERGER is currently employed as a Broker and/or Investment Adviser at AMERIPRISE FINANCIAL SERVICES, INC. located at 601 108th Ave NE, Key Center Bldg Ste 1800, Bellevue, WA, 98004-4383.
ROBERT FOSTER KRANSBERGER has worked at AMERIPRISE FINANCIAL SERVICES, INC. since February 18, 2011
Disclosure History
ROBERT FOSTER KRANSBERGER has 2 Disclosure Event(s).
Date: February 23, 2001 Category: Customer Dispute Allegations: CUSTOMER ALLEGES THAT MR. KRANSBERGER EXCESSIVELY TRADED HER ACCOUNT. THE CLAIMANT SEEKS TO RECOVER DAMAGES OF APPROXIMATELY $221,000. Damage Amount Requested: $221,000.00 Settlement Amount: $56,000.00 Broker Comment: THE CLAIM WAS SETTLED FOR $56,000 PLUS MEDIATION COSTS WITHOUT ADMITTING THE EXISTENCE OF ANY LIABILITY ON THE PART OF MR. KRANSBERGER OR CIBC OPPENHEIMER AND TO AVOID THE COST AND EXPENSES OF THE ARBITRATION PROCEEDING.
Date: March 01, 1996 Category: Customer Dispute Allegations: ALLEGED UNSUITABILITY (LP). ALLEGED DMGSUNSPECIFIED. Settlement Amount: $25,000.00 Broker Comment: THE CLAIM WAS SETTLED FOR $25K IN EXCHANGE FORTHE LP UNITS. CONTACT: LINDA SCHAFFER (212) 723-3120CLIENT BOUGHT LIMITED PARTNERSHIP IN 1990. CLIENTSTATED HER FINANCIAL OBJECTIVE AS INCREASED SPENDABLE INCOME.SMITH BARNEY CLEARLY AND AGGRESSIVELY REPRESENTED (LP) ASSUITABLE FOR CONSERVATIVE INVESTORS WHO PLACED MORE EMPHASIS ONINCOME THAN LIQUIDITY. SMITH BARNEY MANAGER REVIEWED CLIENTSUITABILITY AND SIGNED SUBSCRIPTION DOCUMENT. I DID NOT AGREENOR PARTICIPATE IN THIS SETTLEMENT. IT IS MY FEELING THATSMITH BARNEY SETTLED THIS COMPLAINT FOR BUSINESSS REASONS DUETO PRODUCT FAILURE.
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