RONALD JOSEPH MCLANE

RONALD JOSEPH MCLANE is currently employed as a Broker and/or Investment Adviser at FSC SECURITIES CORPORATION located at 16845 BLANCO ROAD, #104, SAN ANTONIO, TX, 78232.

RONALD JOSEPH MCLANE has worked at FSC SECURITIES CORPORATION since February 27, 2009

Disclosure History

RONALD JOSEPH MCLANE has 3 Disclosure Event(s).

Date: October 13, 2015
Category: Customer Dispute
Allegations: Client alleges the rep misrepresented how interest was applied to the income benefit amount instead of the account value, and he misrepresented the fees and surrender charges on the account.
Damage Amount Requested: $5,000.00
Broker Comment: The Firm concluded that the proper disclosures were provided to the client, and the client had ample time to review the product and features before deciding to purchase.

Date: November 21, 2013
Category: Customer Dispute
Allegations: CLIENT ALLEGES THAT THEY WERE NOT GIVEN PROPER INFORMATION TO MADE AN INFORMED DECISION BEFORE MOVING THEIR FUNDS INTO A VARIABLE ANNUITY.
Damage Amount Requested: $5,000.00

Date: September 01, 1988
Category: Customer Dispute
Allegations: THE PLAINTIFFS ALLEGED THAT THE UNIVERSAL LIFE POLICY WAS MISREPRESENTED AT THE TIME OF PURCHASE.
Broker Comment: ALL ALLEGATIONS AGAINST THE DEFENDANTS WERE WITHDRAWN BY THE PLAINTIFFS AND THE CASE WAS SETTLED OUT OF COURT. ALTHOUGH #7 & #11 ARE ANSWERED $0.00, THE AMOUNT OF THE SETTLEMENT IS UNDISCLOSED AND CONFIDENTIAL BY LEGAL AGREEMENT BETWEEN THE DEFENDANTS AND PLAINTIFFS; HOWEVER THE AMOUNT WAS OVER $10000.00 AS QUESTION 23I1C INDICATES.

More Information

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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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