STEVEN PHILIP PASTORE

STEVEN PHILIP PASTORE is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 1426 PEARL STREET, STE. 200, BOULDER, CO, 80302.

STEVEN PHILIP PASTORE has worked at LPL FINANCIAL LLC since January 07, 2005

Disclosure History

STEVEN PHILIP PASTORE has 1 Disclosure Event(s).

Date: June 07, 2012
Category: Customer Dispute
Allegations: CLIENT ALLEGES INCORRECT ADVICE REGARDING IRA WITHDRAWAL MADE IN DECEMBER 2011, AND FURTHER ALLEGES UNAUTHORIZED ACCOUNT OPENING AND UNAUTHORIZED STOCK PURCHASE IN FEBRUARY 2012.
Damage Amount Requested: $14,000.00
Settlement Amount: $4,287.21
Broker Comment: WITHOUT ANY ADMISSION OF LIABILITY (WHICH WAS AND REMAINS DENIED) AND SOLEY AS A BUSINESS DECISION IN ORDER TO AVOID THE COSTS OF LITIGATION AND BRING THIS MATTER TO CLOSURE, AND WITHOUT ANY CONTRIBUTION BY THE REGISTERED REPRESENTATIVE, FOLLOWING RECEIPT OF AN ADDITIONAL CUSTOMER LETTER, LPL RESOLVED THIS MATTER FOR $4,287.21. REPRESENTATIVE MAINTAINS THAT HE CAREFULLY FOLLOWED AGREED UPON ACTIONS WITH THE CLIENT. THE REP WAS NOT COMPENSATED FINANCIALLY OR OTHERWISE FOR ANY OF THE TRANSACTIONS MENTIONED AS THE CLIENT ACCOUNT WAS FEE BASED AND CARRIED NO COMPENSATION FOR TRANSACTIONS. THE REGISTERED REPRESENTATIVE DENIES ANY AND ALL WRONGDOING WITH RESPECT TO THIS MATTER. THE RR MAINTAINS THAT HE NEVER GAVE THE CLIENT ANY TAX ADVICE WHATSOEVER AND THAT HE ENCOURAGED THE CLIENT TO CONSULT WITH A TAX PROFESSIONAL FOR ADVICE ON HIS TAX SITUATION. THE RR FURTHER MAINTAINS THAT HE OBTAINED THE CLIENT'S AUTHORIZATION PRIOR TO OPENING THE ACCOUNT AND PRIOR TO MAKING ANY TRANSACTIONS IN THE ACCOUNT.

More Information

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