THOMAS HAROLD CLARK is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 1133 CONNECTICUT AVE NW 9TH FL, WASHINGTON, DC, 20036.
THOMAS HAROLD CLARK has worked at WELLS FARGO CLEARING SERVICES, LLC since July 01, 2016
Disclosure History
THOMAS HAROLD CLARK has 5 Disclosure Event(s).
Date: February 17, 2010 Category: Customer Dispute Allegations: CLAIMANTS ALLEGE, INTER ALIA, THAT THE FINANCIAL ADVISOR MADE UNSUITABLE INVESTMENTS IN THEIR ACCOUNTS. TIME PERIOD UNSPECIFIED. Damage Amount Requested: $500,000.00 Settlement Amount: $85,000.00 Broker Comment: THIS MATTER WAS SETTLED FOR BUSINESS PURPOSES, WITH NO ADMISSION OF LIABILITY BY THE FIRM OR BROKER. BROKER DID NOT CONTRIBUTE TO SETTLEMENT.
Date: January 04, 1996 Category: Customer Dispute Allegations: MISREPRESENTATION, SUITABILITY. ALLEGEDDAMAGES: $10,157 PLUS LOST INCOME AND/OR APPRECIATION ON THEACCOUNT OF $562,691 FOR TOTAL DAMAGED OF $573,048. Damage Amount Requested: $1,719,144.00 Settlement Amount: $30,000.00 Broker Comment: THE CLAIMS AGAINST MR. CLARK WERE WITHDRAWN WITHPREJUDICE. THE CLAIMS AGAINST SMITH BARNEY INC. WERE SETTLEDFOR $30,000 WITH NO ADMISSION OF WRONGDOING OR LIABILITY.CONTACT: SUSAN G. HARKINS (212) 816-2006
Date: October 25, 1991 Category: Customer Dispute Allegations: CLAIMANT ALLEGED UNSUITABILITY, BREACH OFFIDUCIARY DUTY AND FAILURE TO SUPERVISE IN CONNECTION WITH THEPURCHASE OF VARIOUS LIMITED PARTNERSHIPS DURING THE EARLY1980'S. CLAIMANT ALLEGED DAMAGES IN EXCESS OF ONE MILLIONDOLLARS, PUNITIVE DAMAGES, INTEREST, COSTS AND ATTORNEY'S FEES. Damage Amount Requested: $1,053,571.00 Settlement Amount: $165,000.00 Broker Comment: THE MATTER SETTLED FOR $165,000. CONTACT: PETEMICHAELS (212) 816-8012CLAIMANT'S CHARGES WERE WITHOUT MERIT, AND WEREIN FACT DISMISSED IN LARGE PART BY THE NASD AND IN FEDERALCOURT. INDEED, THE CLAIMANT DISMISSED THE FC RESPONDENTS, WITHPREJUDICE DURING THE PENDENCY OF THE CASE. THE FIRMSUBSEQUENTLY SETTLED THE MATTER FOR BUSINESS REASONS DUE TOPRODUCT WEAKNESS.
Date: January 23, 1986 Category: Customer Dispute Allegations: COMPLAINT ALLEGED VIOLATION OF 10 (B) AND SECRULE 10B-5 THROUGH EXCESSIVE TRADING. RELIEF SAUGHT UNDER ALLCOUNTS WAS $387,000. Settlement Amount: $199,500.00 Broker Comment: SETTLEMENT BY SEVERAL RELEASE AND CONFIDENTIALAGREEMENT. AMOUNT OF SETTLEMENT WAS CONFIDENTIAL (COPY OFRELEASE & AGREEMENT ENCLOSED).Not Provided
Date: October 03, 1983 Category: Customer Dispute Allegations: COMPLAINT ALLEGES CHURNING OF COMMODITYACCOUNTS. RELIEF SOUGHT WAS A TOTAL RETURN OF ALL LOSSES INALL OF THE ACCOUNTS TOTALING $119,154 Damage Amount Requested: $119,154.00 Settlement Amount: $10,000.00 Broker Comment: [CUSTOMER],ET.AL. SETTLEMENT BY GENERAL RELEASE &AGREEMENT IN AMOUNT IN EXCESS OF $10,000 (COPIES ENCLOSED). THE[CUSTOMERS] DEMANDED A JURY TRIAL. THE JURY FOUND IN FAVOR OF THEDEFENDANTS AND AGAINST THE PLAINTIFFS (COPY ENCLOSED)NOT PROVIDED
More Information
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
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.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for THOMAS HAROLD CLARK, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.