STEPHEN RAYMOND LEE is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 8044 MONTGOMERY RD STE 570, TOWERS OF KENWOOD, CINCINNATI, OH, 45236.
STEPHEN RAYMOND LEE has worked at WELLS FARGO CLEARING SERVICES, LLC since August 19, 2015
Disclosure History
STEPHEN RAYMOND LEE has 1 Disclosure Event(s).
Date: March 27, 2012 Category: Customer Dispute Allegations: CLAIMANTS ALLEGE MISREPRESENTATIONS AND OMISSIONS IN CONNECTION WITH THE PURCHASE OF A STRUCTURED PRODUCT. TIME FRAME: 2007 Damage Amount Requested: $160,000.00 Settlement Amount: $63,000.00 Broker Comment: I WAS NOT NAMED AS A PARTY OR RESPONDENT IN THIS ARBITRATION AND I DENY THE ALLEGATIONS. THIS SETTLEMENT DOES NOT REFLECT ANY ACKNOWLEDGEMENT OF LIABILITY OR WRONGDOING ON MY PART WHATSOEVER. THIS CASE, IN WHICH THE FIRM ALSO DENIED ALL ALLEGATIONS, WAS SETTLED STRICTLY AS A BUSINESS DECISION TO AVOID THE POTENTIAL COSTS AND UNCERTAINTIES OF THE ARBITRATION FORUM. I WAS NOT ASKED TO PERSONALLY CONTRIBUTE ANY MONIES TOWARD THE SETTLEMENT AND I AM PLANNING TO SEEK EXPUNGEMENT OF THIS CLAIM FROM MY INDUSTRY RECORD. THE PARTIES WHO BROUGHT THE ARBITRATION CLAIM HAVE AGREED NOT TO OPPOSE MY EXPUNGEMENT APPLICATION.
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