ROBERT STEVEN TIMNEY

ROBERT STEVEN TIMNEY is currently employed as a Broker and/or Investment Adviser at STIFEL, NICOLAUS & COMPANY, INCORPORATED located at 903 S. LINDBERGH BLVD., SUITE 200, FRONTENAC, MO, 63131.

ROBERT STEVEN TIMNEY has worked at STIFEL, NICOLAUS & COMPANY, INCORPORATED since November 18, 1988

Disclosure History

ROBERT STEVEN TIMNEY has 2 Disclosure Event(s).

Date: July 12, 1999
Category: Customer Dispute
Allegations: ALLEGED UNAUTHORIZED PURCHASES OF SECURITIES. ALLEGED DAMAGES OF APPROXIMATELY $6,000.00. BROKER RESPONDED THAT CLIENT AUTHORIZED THE SALE OF SECURITIES TO MEET IMMEDIATE CASH NEEDS. CLIENT HAS NOT RESPONDED AND IS ASSUMED TO HAVE DISMISSED HER ALLEGATIONS.
Damage Amount Requested: $6,000.00

Date: April 11, 1995
Category: Customer Dispute
Allegations: BREACH OF FUDUCIARY DUTY: MISREPRESENTATION:ACCOUNT RELATED NEGLIGENCE: SUITABILITY ALLEGED DAMAGES ARE INEXCESS OF $10,000.
Damage Amount Requested: $108,532.13
Settlement Amount: $25,000.00
Broker Comment: A SETTLEMENT WAS REACHED BEFORE ARBITRATION.CLAIM WAS SETTLED FOR $25,000.00THIS ACTION WAS SETTLED EVEN THOUGH IT WASBELIEVED THE BROKER WAS GUILTY OF NO WRONG DOING. IT WASDETERMINED THAT IT WAS CHEAPER TO SETTLE THAN TO PRCEDE WITHTHE ARBITRATION PROCESS..

More Information

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