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RONALD ALLEN FRUMKES

RONALD ALLEN FRUMKES is currently employed as a Broker and/or Investment Adviser at WUNDERLICH SECURITIES, INC. located at 150 East 52nd Street, 2nd & 3rd Floor, New York, NY, 10022.

RONALD ALLEN FRUMKES has worked at WUNDERLICH SECURITIES, INC. since December 14, 2012

Disclosure History

RONALD ALLEN FRUMKES has 4 Disclosure Event(s).

Date: October 30, 2014
Category: Customer Dispute
Allegations: ALLEGES GROSS NEGLIGENCE ADN BREACH OF FIDUCIARY DUTY. ALLEGES INAPPROPRIATE AND UNSOUND ADVICE LEADING TO LOSSES IN ACCOUNT. ACTIVITY BETWEEN 5/29/2014 AND 10/15/2014.
Damage Amount Requested: $600,000.00
Settlement Amount: $40,000.00 15-02974

Date: February 25, 2014
Category: Customer Dispute
Allegations: POA ON ACCOUNT HAS CONCERNS REGARDING PURCHASE OF PUERTO RICO BONDS ON 8/20/2012, AND THE SUBSEQUENT LOSS SHE STATES IS OVER $22,000, WHEN SOLD ON 10/15/2013. (ACTUAL LOSS $22,225.69) QUESTIONS SIZE OF PURCHASE OF 100,000 LONG ISLAND BONDS SHE SEES ON STATEMENT AS AN XCH ON 11/22/2013. (BONDS ACTUALLY PURCHASED 8/2/2010; OPTIONAL TENDER ATTEMPTED 11/22/13) CONCERNED WITH NUMBER OF TRADES IN ACCOUNT FROM MAY 2013 THROUGH 2/19/2014. (ALL TRADES IN ACCOUNT WERE AUTHORIZED BY [POA])
Damage Amount Requested: $22,225.69

Date: February 09, 2004
Category: Customer Dispute
Allegations: THE STATEMENT OF CLAIM ALLEGES THAT C.E. UNTERBERG, TOWBIN (" CEUT")AND ITS AGENT, RONALD FRUMKES, ENGAGED IN MATERIAL MISSTATEMENTS, UNSUITABLE PURCHASES AND STATUTORY FRAUD, FAILED TO FOLLOW INSTRUCTIONS,NEGLIGENCE, BREACH OF FIDUCIARY DUTY AND BREACH OF CONTRACT. [CUSTOMER] ACCOUNT RECEIVED $48,245 IN APRIL 2000, MADE INVESTMENTS IN HIGH TECHNOLOGY EQUITIES, AND LOST MONEY BEFORE HE TRANSFERRED THE ACCOUNT OUT OF CEUT APPROXIMATELY ONE AND HALF YEARS LATER.
Damage Amount Requested: $29,000.00
Settlement Amount: $24,000.00

Date: July 24, 1962
Category: Criminal
Charges: MISDEMEANORIMPARTING AND CONVEYING FALSE INFORMATIONVIOLATION OF SECTION 5021B TITLE 18 USC Charge Type: MISDEMEANOR
Disposition: PLACED ON PROBATION FOR 2 YEARS- CONVICTION SET ASIDE JUNE 30, 1964. NO FINES PAID AND NO RECORD OF VALID CONVICTION.ALL DOCUMENTS HAVE BEEN SENT TO THE NASD.
Broker Comment: MADE A FRIVOLOUS REMARK TO A AIRLINE TICKET AGENT WHILE I WAS CHECKING IN. THE COMMENT WAS MADE IN JEST.NO FINES PAID AND NO RECORD OF VALID CONVICTION.

More Information

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