SAMUEL RAY GRANETT is currently employed as a Broker and/or Investment Adviser at WORLD EQUITY GROUP, INC. located at 12117 FM 2244, BUILDING III, SUITE 280, AUSTIN, TX, 78738.
SAMUEL RAY GRANETT has worked at WORLD EQUITY GROUP, INC. since March 12, 2014
SAMUEL RAY GRANETT has 2 Disclosure Event(s).
Date: May 08, 1995 Category: Customer Dispute Allegations: CLAIMANTS, WHO WERE CUSTOMERS OF APS WHONEVER DEALT WITH MR. GRANETT, ALLEGED THAT APS FRAUDULENTLY ORNEGLIGENTLY REPRESENTED CERTAIN BONDS. CLAIMANTS SOUGHTRECOVERY OF APPROXIMATELY $1.6 MILLION IN ALLEGED LOSSES.WHILE MR. GRANETT WAS NAMED AS A RESPONDENT IN THE PROCEEDING,THE STATEMENT OF CLAIM NOWHERE NAMED HIM SPECIFICALLY, NOR DIDIT IDENTIFY ANY SPECIFIC MISCONDUT ALLEGEDLY COMMITTED BY HIM. Damage Amount Requested: $1,606,211.00 Damages Granted: $32,802.28 Broker Comment: GRANETT, CHIEF EXECUTIVE OFFICER, AND APSFINANCIAL WERE JOINTLY AND SEVERALLY HELD LIABLE FOR $32,802.28IN DAMAGES AWARDED TO THE CLAIMANTS. THIS AWARD AMOUNTED TO 2% OF WHAT THE CLAIMANTS SOUGHT.
Date: July 08, 1993 Category: Customer Dispute Allegations: ALLEGED THAT APPLICANT WAS LIABLE FOR BREACHOF CONTRACT, BREACH OF FIDUCIARY DUTY, NEGLIGENCE, ANDVIOLATION OF TX DTPA. AS BEST AS APPLICANT CAN DISCERN FROMPLAINTIFF'S PLEADINGS (WHICH ARE DIFFICULT TO COMPREHEND), THEAMOUNT OF ACTUAL DAMAGES CLAIMED WAS $3 MILLION. Damage Amount Requested: $3,000,000.00 Settlement Amount: $100,000.00 Broker Comment: THE CASE, INCLUDING ALL COUNTERCLAIMS WERESETTLED. ALL CLAIMS AND CAUSES OF ACTION AGAINST GRANETT WEREDISMISSED WITH PREJUDICE AS PART OF THE SETTLEMENT AGREEMENT.APS GROUP, A DEFENDANT AND PARENT COMPANY OF APS FINANCIAL(GRANETT'S EMPLOYER), PAID THE PLAINTIFF $100,000. NEITHER APSFINANCIAL CORPORATION NOR GRANETT PAID ANY PART OF THESETTLEMENT.NOT PROVIDED
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