SCOTT ERIK AABEL is currently employed as a Broker and/or Investment Adviser at SPIRE SECURITIES, LLC located at 2520 N. Tamiami Trail, Nokomis, FL, 34275.
SCOTT ERIK AABEL has worked at SPIRE SECURITIES, LLC since December 06, 2016
Disclosure History
SCOTT ERIK AABEL has 18 Disclosure Event(s).
Date: September 16, 2016 Category: Regulatory
Date: June 26, 2015 Category: Financial Type: Compromise Disposition: Satisfied/Released Broker Comment: COMPROMISE REGARDING CREDIT CARD WITH BANK OF AMERICA. BANK WAS CHARGING 39% INTEREST AND NOT WILLING TO CHANGE SO I STOPED PAYING UNTIL THEY AGREED TO A PAYOFF TO SETTLE CARD SO I MADE AN OFFER OF $7500 AND THEY ACCEPTED.
Date: July 10, 2013 Category: Judgment / Lien Judgment/Lien Amount: $45,287.37 Judgment/Lien Type: Tax Broker Comment: (IRS LIEN) CAUSED BY PRIME CAPITOL-AFP ILLEGALY WITHHOLDING FUNDS OF OVER 700,000 OWED TO ME AND MY FIRM, WILL BE RESOLVED IN AN ACTION AGAINST PRIME CAPITAL SERVICES IN THE NEAR FUTURE.
Date: February 06, 2013 Category: Financial Type: Compromise Disposition: Satisfied/Released Broker Comment: CHASE WAS CHARGING 29% INTEREST, WAS NOT WILLING TO CHANGE RATE SO WE SETTLED AND CLOSED THE CARD OUT.
Date: February 06, 2013 Category: Financial Type: Compromise Disposition: Satisfied/Released Broker Comment: CITICARD STARTED CHARGING 29% INTEREST/WOULD NOT LOWER THE RATE SO WE CLOSED THE CARD AND SETTLED FOR APPROXIMATELY $5900 IN OR ABOUT AUGUST 2012
Date: June 25, 2009 Category: Customer Dispute Allegations: INVESTMENT ADVISORY FEES CAUSED A PARTIAL LOSS OF LIVING BENEFIT RIDER Damage Amount Requested: $71,873.00 Settlement Amount: $6,447.68 Broker Comment: RESTORATION OF LIVING BENEFITS RESTORED TO ANNUITY CONTRACTS.
Date: September 11, 2007 Category: Customer Dispute Allegations: THE CLIENT IS ALLEDGING A MISREPRESENTATION OF THE PERFORMANCE, SURRENDER CHARGES AND FEES ASSOCIATED WITH THE PURCHASE OF A VARIABLE ANNUITY IN 2004. Damage Amount Requested: $13,595.29
Date: May 31, 2005 Category: Customer Dispute Allegations: THE CLIENT IS UPSET WITH A DISTRBUTION THEY RECEIVED FROM TEXTAINER V THAT WAS PURCHASED IN 1998. Damage Amount Requested: $10,000.00 Broker Comment: THE CLIENT WAS GIVEN A FULL PROSPECTUS AND THE PROGRAM WAS REVIEWED WITH THEM.
Date: February 14, 2005 Category: Customer Dispute Allegations: UNSUITABLE RECOMENDATION OF PROMISARY NOTES WHICH IS AN UNREGISTERED SECURITY Damage Amount Requested: $75,000.00 Settlement Amount: $117,000.00
Date: November 19, 2004 Category: Customer Dispute Allegations: UNSUITABILITY AND FAILURE TO DISCLOSE ASSOCIATED WITH THE PURCHASE OF TWO VARIABLE ANNUITY CONTRACTS PURCHASED IN 4/03 Damage Amount Requested: $130,000.00
Date: October 15, 2004 Category: Customer Dispute Allegations: VARIABLE ANNUITY PURCHASED IN 1999. INITIAL COMPLAINT TO NASD IN 2001 DUE TO MARKET LOSS. CUSTOMER'S CURRENT COMPLAINT LETTER WAS WRITTEN TO THE ISSUING INSURANCE COMPANY CLAIMING INVESTMENT LOSS AND HIGH FEES Damage Amount Requested: $7,612.00
Date: September 27, 2004 Category: Customer Dispute Allegations: SALE OF PROMISSORY NOTES, UNREGISTERED SECURITIES WERE UNSUITABLE INVESTMENTS. Damage Amount Requested: $177,224.65 Settlement Amount: $130,000.00
Date: July 26, 2004 Category: Customer Dispute Allegations: CLIENTS CLAIM THAT THEY SUFFERED LOSSES DUE TO UNSUITIBLE INVESTMENTS IN THEIR VARIABLE ANNUITY ACCOUNTS. Damage Amount Requested: $60,000.00
Date: August 05, 2003 Category: Customer Dispute Allegations: CLIENT CLAIMS WRONG S/C DISCLOSED. Damage Amount Requested: $6,100.00 Broker Comment: CLIENT WAS ADVISED NOT TO SURRENDER THE CONTRACTS AS IT WOULD NOT BE IN HIS BEST INTEREST. CONTRACTS WERE HELD FOR 1 YEAR AND VALUE WAS UP FROM HIS INITIAL INVESTMENT. CLIENT WANTED A 10% BONUS IN A NEW CONTRACT ELSEWHERE. CLIENT KNEW HE WOULD LOSE THE CREDIT IN HIS EXISTING CONTRACTS IF SURRENDERED AND HE KNEW THERE WOULD ALSO BE A CDSC IF SURRENDERED. HE IS DENYING EVER BEING TOLD ABOUT CDSC YET HE SIGNED THE FORM OUTLINING THIS CHARGE. THE DIFFERENCE BETWEEN WHAT THE CLIENT RECEIVED AFTER SURRENDERING HIS CONTRACTS AND HIS INITIAL INVESTMENT WAS $3,390.15.
Date: July 31, 2002 Category: Customer Dispute Allegations: CLIENT ALLEGES MISREPRESENTATION WITH REGARD TO THE MANAGEMENT OF HIS VARIABLE ANNUITY PURCHASED IN NOVEMBER 2001 Damage Amount Requested: $65,517.00
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.
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