Samuel Lee Wagner

Samuel Lee Wagner is currently employed as a Broker and/or Investment Adviser at EDWARD JONES located at 2008 MAIN STREET, TORRINGTON, WY, 82240.

Samuel Lee Wagner has worked at EDWARD JONES since September 23, 1991

Disclosure History

Samuel Lee Wagner has 1 Disclosure Event(s).

Date: January 22, 2003
Category: Customer Dispute
Allegations: CLIENT STATES THAT THEY PURCHASED 100 SHARES OF GLOBAL CROSSING ON 6/18/01 BASED SOLELY ON THE IR'S ADVICE. NOW WANT TO KNOW IF THEY CAN RECOVER ALL OR PART OF THEIR LOSSES. LOSSES EXCEED $5,000
Damage Amount Requested: $5,000.00
Broker Comment: IR STATED THAT AT THE TIME OF PURCHASE, THE INVESTMENT WAS PAYING 12% INCOME. CLIENT BOUGHT 100 SHARES AT 50.25 PER SHARE. THE COMPANY SUBSEQUENTLY STOPPED PAYING DIVIDENDS AND WENT BANKRUPTCY. CLIENT WAS AWARE OF MARKET RISK AND WAS TOLD BY IR THAT THIS INVESTMENT WAS NOT GUARANTEED AGAINST LOSS. CLAIM DENIED.

More Information

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