TIMOTHY JOHN PADVA is currently employed as a Broker and/or Investment Adviser at APW CAPITAL, INC. located at 2035 Lnicoln Highway, Suite 1080, Edison, NJ, 08817.
TIMOTHY JOHN PADVA has worked at APW CAPITAL, INC. since July 14, 2003
Disclosure History
TIMOTHY JOHN PADVA has 2 Disclosure Event(s).
Date: October 17, 2012 Category: Customer Dispute Allegations: CLIENT ALLEGES HE PURCHASED A 1997 VARIABLE LIFE INSURANCE POLICY BASED ON THE AGENTS REPRESENTATION THAT ONCE HIS $30,000 WAS INVESTED HE WOULD NO LONGER HAVE TO INVEST AND HE WAS ASSURED THAT IT WOULD CONTINUE TO GROW AND THERE WOULD BE ENOUGH CASH ACCUMULATED FROM THE INITIAL INVESTMENT THAT HE WOULD BE ABLE TO PAY FOR COLLEGE AND HAVE A $500,000 LIFE INSURANCE POLICY. CLIENT ALLEGES HE HAS RECENTLY BEEN INFORMED THAT HE OWES MONEY OR THE POLICY WILL LAPSE. CLIENT IS REQUESTING AN INVESTIGATION OF THIS MATTER. DAMAGES UNSPECIFIED. Broker Comment: AXA ADVISORS FOUND NO BASIS TO THE CUSTOMER COMPLAINT.
Date: September 01, 1998 Category: Customer Dispute Allegations: CLIENT ALLEGES SHE WAS MISLED DURING THEPURCHASE OF A 1995 ISSUE VARIABLE LIFE INSURANCE POLICY.CLIENT REQUESTED A REFUND OF PREMIUMS PAID, BUT DID NOT SPECIFYANY AMOUNT OF DAMAGES. I AM AN AGENT OF EQUITABLE LIFE. Broker Comment: EQUITABLE FOUND NO BASIS TO THE CUSTOMERCOMPLAINT.NOT PROVIDED
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