THOMAS STEVEN NELSON is currently employed as a Broker and/or Investment Adviser at D.A. DAVIDSON & CO. located at 8 THIRD STREET NORTH, GREAT FALLS, MT, 59401-3104.
THOMAS STEVEN NELSON has worked at D.A. DAVIDSON & CO. since May 22, 2001
Disclosure History
THOMAS STEVEN NELSON has 2 Disclosure Event(s).
Date: January 16, 2002 Category: Customer Dispute Allegations: CLAIMANTS ALLEGED COMMON LAW FRAUD, NEGLIGENT MISREPRESENTATION, BREACH OF FIDUCIARY DUTY, UNTRUE AND MISLEADING STATEMENTS OF MATERIAL FACT IN THE OFFER AND SALE OF SECURITIES IN VIOLATION OF SECTION 12(A)(2) AND 15 OF 1933 SECURITIES ACT, UNTRUE AND MISLEADING STATEMENTS OF MATERIAL FACT IN THE OFFER AND SALE OF SECURITIES IN VIOLATION OF CALIFORNIA CORPORATIONS CODE SECTIONS 25401, 25501, 25504 AND 25504.1, VIOLATION OF SECTION 10(B) OF THE SECURITIES EXCHANGE ACT OF 1934, AND RULE 10(B)(5) PROMULGATED THEREUNDER, VIOLATION OF SECTION 20(A) OF THE SECURITIES EXCHANGE ACT OF 1934, NEGLIGENCE, AND SUITABLILTY. Damage Amount Requested: $10,000.00 Damages Granted: $6,500.00
Date: August 13, 2001 Category: Customer Dispute Allegations: MILLER & SCHROEDER RECEIVED AN ARBITRATION STATEMENT OF CLAIM FROM THE CUSTOMERS. PREVIOUSLY THE CUSTOMERS SENT A COMPLAINT LETTER TO THE NASD. CLAIMANTS ALLEGE UNSUITABILITY AND MISREPRESENTATION IN VARIOUS MUNICIPAL AND CORPORATE BOND ISSUES: DANFORTH TX PURCHASED 02/1997; TARRANT COUNTY TX PURCHASED 05/1997; PDS FINANCIAL CORP PURCHASED 05/1998; MINNEAPOLIS MN HEALTH FACILITIES PURCHASED 03/1997; BEECH GROVE IN PURCHASED 10/1997; UNITED HOMES PURCHASED 11 AND 12/1997; MEXICO BEACH FL PURCHASED 01/1998. Damage Amount Requested: $161,528.23 Settlement Amount: $80,000.00 Broker Comment: MR. NELSON WAS NOT THE SALES REPRESENTATIVE FOR THE CUSTOMERS; HE WAS CFO OF MILLER & SCHROEDER FINANCIAL, INC.
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