SAMUEL KENT VAN ALLEN

SAMUEL KENT VAN ALLEN is currently employed as a Broker and/or Investment Adviser at CAMBRIDGE INVESTMENT RESEARCH, INC. located at 499 Shire Rd., Milford, NJ, 08848.

SAMUEL KENT VAN ALLEN has worked at CAMBRIDGE INVESTMENT RESEARCH, INC. since March 24, 2017

Disclosure History

SAMUEL KENT VAN ALLEN has 3 Disclosure Event(s).

Date: March 23, 2017
Category: Employment Separation After Allegations
Firm Name: westport resources investment services
Termination Type: Permitted to Resign
Allegations: Resigned while under investigation for violating internal company policies in with connection confidential customer information.
Broker Comment: RR asserts that he is unaware of where this allegation stems from since the only confidential customer information he had access to was for his own clients. RR asserts he has always been stringent about maintaining the privacy of confidential information.

Date: February 23, 2009
Category: Customer Dispute
Allegations: NEW YORK STATE RESIDENT VERBALLY QUESTIONED THE LIQUIDATION FEES ON HIS MANAGED AND NON-MANAGED ACCOUNTS. CUSTOMER FURTHER STATED HE TOLD HIS FA TO GET HIM OUT OF THE MARKET ABOUT 8 MONTHS AGO (6/08), AND DOES NOT RECALL A SPECIFIC DATE. CUSTOMER DOES NOT STATE DAMAGE AMOUNT, BUT LOSSES ARE ESTIMATED TO BE APPROXIMATELY $87,000.
Settlement Amount: $16,933.88
Broker Comment: IN THE INTEREST OF CLIENT RELATIONS AND TO AVOID THE COSTS OF LITIGATION, WITHOUT ADMITTING LIABILITY, THE FIRM ELECTED TO SETTLE THIS MATTER FOR $16,933.88.**FA'S RESPONSE: THIS MATTER IS A RESULT OF THE CLIENT NOT HAVING A MOBILE PHONE OR AN ANSWERING MACHINE/VOICEMAIL FOR HIS ONLY LAND TELEPHONE LINE. THIS MAKES IT DIFFICULT TO PROVE THAT I CONTACTED HIM WHEN THE ACCOUNTS REACHED OUR AGREED UPON VALUE THAT WE ESTABLISHED AS A CATALYST TO LIQUIDATE HIS HOLDINGS.

Date: February 06, 1999
Category: Criminal
Charges: 1 COUNT, FELONY, POSSESSION OF COCAINE, PLEA OF NO CONTEST. Charge Type: FELONY
Disposition: A.ADJUDICATION OF GUILT WAS WITHHELD, B.11/1/1999 C. 1 YEAR SUPERVISED PROBATION UNDER THE SUPERVISION OF THE DEPARTMENT OF CORRECTIONS, 50 HRS OF COMMUNITY SERVICE. D. 1 YEAR E. 11/1/99 F. FINE OF $370 G. PAID 11/1/99

More Information

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