TIMOTHY LUKE WYNNE is currently employed as a Broker and/or Investment Adviser at FELTL & COMPANY located at 10900 WAYZATA BLVD, SUITE 200, Rosemount, MN, 55305.
TIMOTHY LUKE WYNNE has worked at FELTL & COMPANY since January 20, 2012
Disclosure History
TIMOTHY LUKE WYNNE has 7 Disclosure Event(s).
Date: July 10, 2017 Category: Customer Dispute Allegations: The client states investment losses of $441,306.00 in their retirement accounts. The allegations appear to include unsuitable investments, unauthorized trades and breach of fiduciary duty with the period involved from February 2014 through June 2016 though this is somewhat unclear in their letter. Damage Amount Requested: $441,306.00
Date: June 27, 2016 Category: Customer Dispute Allegations: Client opened an individual and IRA account with the firm back on January 2014. The existing positions were liquidated and a couple OTC equity issues were purchased along with a non-traded REIT. The client's employment and financial situation then changed and along with the fact that the equity investments did not perform well, the client requested liquidation of the investments in April 2016 which resulted in losses in excess of $21,500. Client alleges breach of fiduciary duty, unsuitability and neglect of account. Damage Amount Requested: $21,500.00 Settlement Amount: $5,000.00 16-00990
Date: October 30, 2014 Category: Customer Dispute Allegations: CLAIMANTS ALLEGING NEGLIGENCE, BREACH OF FIDUCIARY DUTY, NEGLIGENT SUPERVISION, BREACH OF CONTRACT, EXCESSIVE TRADING AND EXCESSIVE COMMISSIONS, SUITABILITY FOR ALL TRADING FROM FEBRUARY 2012 THROUGH OCTOBER 2014. Damage Amount Requested: $500,000.00 Settlement Amount: $60,000.00 14-03342
Date: July 14, 2014 Category: Customer Dispute Allegations: UNSUITABLE INVESTMENTS, DISCRETIONARY TRADING FEBRUARY 2012 - DECEMBER 2013 Damage Amount Requested: $3,376,651.00 Settlement Amount: $570,000.00 14-02066
Date: July 12, 2014 Category: Customer Dispute Allegations: UNSUITABLE INVESTMENT IN TWO PURCHASES OF MONTICELLO MN TELECOMMUNICATION MUNICIPAL BONDS ON 6/6/08 & 7/15/11 Damage Amount Requested: $100,000.00 Settlement Amount: $55,000.00 14-01856
Date: February 21, 2012 Category: Customer Dispute Allegations: CLIENT ALLEDGES THAT TRANSACTIONS WERE MADE IN HIS ACCOUNT FOR THE SOLE PURPOSE OF GENERATING COMMISSIONS. NO TIME PERIOD SPECIFIED, BUT THE ACCOUNTS BEGAN IN SEPTEMBER 2008 AND FA LEFT FIRM IN JANUARY 2012
Date: June 15, 2004 Category: Customer Dispute Allegations: CHURNING, BREACH OF CONTRACT, NEGLIGENCE, SUITABILITY VIOLATIONS, UNAUTHROIZED TRADING AND MISREPRESENTATION. Damage Amount Requested: $350,000.00 Settlement Amount: $118,000.00
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 TIMOTHY LUKE WYNNE, 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.