THOMAS COURTLAND RANSONE

THOMAS COURTLAND RANSONE is currently employed as a Broker and/or Investment Adviser at CAMBRIDGE INVESTMENT RESEARCH, INC. located at 416 W. Indian Ave, Folly Beach, SC, 29439.

THOMAS COURTLAND RANSONE has worked at CAMBRIDGE INVESTMENT RESEARCH, INC. since May 02, 2016

Disclosure History

THOMAS COURTLAND RANSONE has 10 Disclosure Event(s).

Date: July 17, 2014
Category: Judgment / Lien
Judgment/Lien Amount: $27,588.00
Judgment/Lien Type: Tax

Date: February 25, 2014
Category: Judgment / Lien
Judgment/Lien Amount: $48,271.90
Judgment/Lien Type: Tax
Broker Comment: TAX LIEN FOR TAX PERIOD ENDING 12/31/2012.

Date: May 01, 2012
Category: Judgment / Lien
Judgment/Lien Amount: $58,995.00
Judgment/Lien Type: Tax

Date: June 29, 2010
Category: Judgment / Lien
Judgment/Lien Amount: $13,083.00
Judgment/Lien Type: Civil

Date: March 30, 2010
Category: Judgment / Lien
Judgment/Lien Amount: $12,442.00
Judgment/Lien Type: Civil

Date: March 23, 2010
Category: Judgment / Lien
Judgment/Lien Amount: $25,003.00
Judgment/Lien Type: Civil

Date: August 31, 2009
Category: Financial
Type: Compromise
Disposition: CHARGED OFF AS BAD DEBT

Date: July 24, 2008
Category: Judgment / Lien
Judgment/Lien Amount: $70,612.00
Judgment/Lien Type: Tax

Date: January 03, 2002
Category: Customer Dispute
Allegations: THE CLIENT ALLEGES A MOVE FROM MUTUAL FUNDS TO A VARIABLE ANNUITY IN SEPTEMBER 2000 WAS AN UNAUTHORIZED TRANSACTION AND THE FEES AND RISKS ASSOCIATED WERE NOT EXPLAINED.
Damage Amount Requested: $49,470.40
Broker Comment: THE INVESTIGATION SHOWED THE CLIENT SIGNED AN APPLICATION ACKNOWLEDGING A CURRENT PROSPECTUS WAS RECEIVED, UNDERSTANDING THE VALUES MAY INCREASE OR DECREASE, THE CONTRACT ME HER FINANCIAL OBJECTIVES, AND AN UNDERSTANDING LEGAL OR TAX COUNCEL SHOULD BE CONSULTED. THE SUB-ACCOUNT WAS INVESTED IN THE ONE SELECTED BY THE CUSTOMER. A FREE LOOK WAS OFFERED TO THE CUSTOMER. QUARTERLY STATEMENTS WERE SENT. AND THE CUSTOMER COULD EXCHANGE SUB-ACCOUNTS AT ANY TIME. NO SALES PRACTICE VIOLATIONS FOUND.

Date: January 03, 2002
Category: Customer Dispute
Allegations: THE CLIENT ALLEGES THAT ASSETS WERE MOVED FROM MUTUAL FUNDS INTO A VARIABLE ANNUITY WITHOUT CONSENT TO THE TRANSACTION
Damage Amount Requested: $66,578.21
Broker Comment: THE APPLICATION WAS SIGNED ACKNOWLEDGING: CURRENT PROSPECTUS RECEIVED, UNDERSTANDING VALUES CAN INCREASE OR DECREASE, THE CONTRACT MET FINANCIAL OBJECTIVES. ADDITIONALLY ANOTHER DISCLOSURE WAS SIGNED ACKNOWLEDGING: A VARIABLE ANNUITY WAS BEING PURCHASED, SURRENDER CHARGES LAST FOR SEVERAL YEARS, THE INVESTMENTS MAY INCREASE OR DECREASE AND VARIABLE ANNUITIES WERE DESIGNED FOR LONG TERM INVESTORS. QUARTERLY STATEMENTS WERE MAILED TO THE CUSTOMER. AND THE CUSTOMER COULD RE-ALLOCATE HIS SUB-ACCOUNTS AT ANY TIME. THE CONTRACT WAS PROPERLY REPRESENTED AND DISCLOSED.

More Information

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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.

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