SHANNON AGNES SHEHORN is currently employed as a Broker and/or Investment Adviser at CABOT LODGE SECURITIES LLC located at 2189 LOGAN STREET, CLEARWATER, FL, 33765.
SHANNON AGNES SHEHORN has worked at CABOT LODGE SECURITIES LLC since June 28, 2013
SHANNON AGNES SHEHORN has 2 Disclosure Event(s).
Date: October 10, 1998 Category: Civil Bond Disposition: Payout Payout Detail: $340,419.00 WAS PAID OUT DURING A PERIOD OF TIME FROM 12/95 THROUGH 1996 TO COMPLETE A PROJECT. Broker Comment: MY HUSBAND, LEE, IS THE SOLE SHAREHOLDER OF SLOMS CONSTRUCTION CO. INC. (SCCI). SCCI WAS A GENERAL CONTRACTING COMPANY WHOSE MAIN BUSINESS WAS FEDERAL GOV'T PROJECTS IN THE $1-3 MILLION RANGE. IN ORDER TO PERFORM THESE PROJECTS, PERSONAL GUARANTEES WERE REQUIRED BY THE BONDING COMPANY. ON A PARTICULAR PROJECT FOR THE US AIR NAT'L GUARD IN CT, ON WHICH INTERNATIONAL FIDELITY HELD THE BOND, THE FEDERAL GOV'T UNLAWFULLY WITHHELD PAYMENTS TO SCCI. SCCI LEFT THE JOB AFTER 1 1/2 YEARS OF FINANCIAL DURESS CAUSED BY THE AIR NATIONAL GUARD. UNDER THE TERMS OF THE BOND THE GOV'T REQUIRED THE BONDING COMPANY TO COMPLETE THE PROJECT. THE BONDING COMPANY IN TURN PUT A JUDGMENT AGAINST US FOR THESE COMPLETION COSTS. ON APRIL 11, 2000 WE WON OUR CASE BEFORE A FEDERAL JUDGE, WHOSE DECISION WAS THAT THE FEDERAL GOV'T BREACHED THEIR CONTRACT WITH US. ALL OF THE BONDING COMPANIES COSTS HAVE TO BE REIMBURSED BY THE FEDERAL GOV'T AND IS IN THE PROCESS RIGHT NOW OF BEING NEGOTIATED. SCCI, LEE AND SHANNON SLOMS WERE FOUND TO BE 100% CORRECT IN ALL OF THEIR ACTIONS. UNFORTUNATLEY, THIS PARTICULAR EVENT AND THE LENGTH OF TIME IT TOOK TO GO TO COURT AND THE FINANCIAL DURESS IT CAUSED WAS THE DIRECT REASON A PERSONAL BANKRUPTCY BECAME NECESSARY.
Date: August 26, 1998 Category: Civil Bond Disposition: Payout Payout Detail: $654,172 WAS PAID OUT DURING A PERIOD OF TIME IN 1996 TO COMPLETE THE PROJECT. Broker Comment: DUE TO THE FINANCIAL DURESS CAUSED BY THE PRIOR PROJECT, SCCI WAS UNABLE TO FINANCIALLY COMPLETE THIS PROJECT AND FRONTIER HAD TO TAKE OVER THE PROJECT.
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