WALTER CLIFTON SHIRLEY is currently employed as a Broker and/or Investment Adviser at AXA ADVISORS, LLC located at 1052 HIGHLAND COLONY PKWY, 100 CONCOURSE SUITE 200 S, RIDGELAND, MS, 39157.
WALTER CLIFTON SHIRLEY has worked at AXA ADVISORS, LLC since October 20, 1980
Disclosure History
WALTER CLIFTON SHIRLEY has 4 Disclosure Event(s).
Date: February 23, 2007 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT THE AGENT HAS BEEN TAKING UNAUTHORIZED LOANS AGAINST HIS 1983 TRADITIONAL LIFE INSURANCE POLICY FOR THE LAST 15 YEARS. CLIENT FURTHER ALLEGES THAT THE AGENT CONVINCED HIM TO SIGN BLANK FORMS AND THAT THE AGENT HAS BEEN USING THEM TO TAKE THE UNAUTHORIZED LOANS. DAMAGES ARE UNSPECIFIED. Broker Comment: THE FIRM FOUND NO BASIS TO THE CUSTOMER'S COMPLAINT.
Date: December 11, 2002 Category: Customer Dispute Allegations: PLAINTIFFS ALLEGE THAT, IN ORDER TO SELL VARIOUS TYPES OF LIFE INSURANCE POLICIES, DEFENDANTS USED A FRAUDULENT SCHEME WHICH INCLUDED MISREPRESENTATIONS CONCERNING THE PREMIUM PAYMENTS TO BE PAID ON SUCH POLICIES, AS WELL AS OMISSIONS AND CONCEALMENT OF MATERIAL FACTS. DEFENDANTS ACTIONS ALLEGEDLY CONSTITUTED FRAUD, NEGLIGENT MISREPRESENTATION, BREACH OF DUTY TO DEAL IN GOOD FAITH AND BREACH OF FIDUCIARY DUTY. DAMAGES ARE UNSPECIFIED. Broker Comment: THIS LAWSUIT WAS RESOLVED AS PART OF THE SETTLEMENT OF A NUMBER OF LAWSUITS, CLAIMS AND THREATENED CLAIMS BY PRESENT AND FORMER POLICYHOLDERS IN MISSISSIPPI AGAINST THE EMPLOYING FIRM AND/OR ITS AFFILIATES AND CERTAIN OF ITS CURRENT AND FORMER REPRESENTATIVES. NO SPECIFIC PORTION OF THE TOTAL SETTLEMENT AMOUNT WAS ALLOCATED BY THE PAYING DEFENDANTS TO RESOLVE SPECIFIC ALLEGED CLAIMS IN WHICH THE REGISTERED REPRESENTATIVE WAS A NAMED PARTY. THE EMPLOYING FIRM BELIEVES THAT THE SETTLEMENT AMOUNT OF THIS LAWSUIT EXCEEDS $10,000. THE EMPLOYING FIRM AND ITS REGISTERED REPRESENTATIVES EXPRESSLY DENY ANY WRONGDOING OR LIABILITY IN CONNECTION WITH THESE CLAIMS.
Date: April 03, 2002 Category: Customer Dispute Allegations: PLAINTIFFS ALLEGE THAT, IN ORDER TO SELL VARIOUS TYPES OF LIFE INSURANCE POLICIES, DEFENDANTS USED A FRAUDULENT SCHEME WHICH INCLUDED MISREPRESENTATIONS CONCERNING THE PREMIUM PAYMENTS TO BE PAID ON SUCH POLICIES, AS WELL AS OMISSIONS AND CONCEALMENT OF MATERIAL FACTS. DEFENDANTS? ACTIONS ALLEGEDLY CONSTITUTED FRAUD, INTENTIONAL MISREPRESENTATION, FRAUDULENT INDUCEMENT, NEGLIGENT MISREPRESENTATION AND BREACH OF DUTY TO DEAL IN GOOD FAITH. DAMAGES ARE UNSPECIFIED. Broker Comment: THIS LAWSUIT WAS RESOLVED AS PART OF THE SETTLEMENT OF A NUMBER OF LAWSUITS, CLAIMS AND THREATENED CLAIMS BY PRESENT AND FORMER POLICYHOLDERS IN MISSISSIPPI AGAINST THE EMPLOYING FIRM AND/OR ITS AFFILIATES AND CERTAIN OF ITS CURRENT AND FORMER REPRESENTATIVES. NO SPECIFIC PORTION OF THE TOTAL SETTLEMENT AMOUNT WAS ALLOCATED BY THE PAYING DEFENDANTS TO RESOLVE SPECIFIC ALLEGED CLAIMS IN WHICH THE REGISTERED REPRESENTATIVE WAS A NAMED PARTY. THE EMPLOYING FIRM BELIEVES THAT THE SETTLEMENT AMOUNT OF THIS LAWSUIT EXCEEDS $10,000. THE EMPLOYING FIRM AND ITS REGISTERED REPRESENTATIVES EXPRESSLY DENY ANY WRONGDOING OR LIABILITY IN CONNECTION WITH THESE CLAIMS.
Date: November 20, 2001 Category: Customer Dispute Allegations: PLAINTIFFS ALLEGE THAT, IN ORDER TO SELL ALL DIFFERENT TYPES OF LIFE INSURANCE POLICIES, DEFENDANTS USED A SCHEME WHICH INCLUDED MISREPRESENTATIONS, OMISSIONS AND CONCEALMENT OF MATERIAL FACTS. DEFENDANTS' ACTIONS ALLEGEDLY CONSTITUTED FRAUD, FRAUDULENT MISREPRESENTATION, FRAUDULENT INDUCEMENT, FRAUDULENT CONCEALMENT, CONSPIRACY TO COMMIT FRAUD AND BREACH OF FIDUCIARY DUTY. DAMAGES ARE UNSPECIFIED. Broker Comment: THIS LAWSUIT WAS RESOLVED AS PART OF THE SETTLEMENT OF A NUMBER OF LAWSUITS, CLAIMS AND THREATENED CLAIMS BY PRESENT AND FORMER POLICYHOLDERS IN MISSISSIPPI AGAINST THE EMPLOYING FIRM AND/OR ITS AFFILIATES AND CERTAIN OF ITS CURRENT AND FORMER REPRESENTATIVES. NO SPECIFIC PORTION OF THE TOTAL SETTLEMENT AMOUNT WAS ALLOCATED BY THE PAYING DEFENDANTS TO RESOLVE SPECIFIC ALLEGED CLAIMS IN WHICH THE REGISTERED REPRESENTATIVE WAS A NAMED PARTY. THE EMPLOYING FIRM BELIEVES THAT THE SETTLEMENT AMOUNT OF THIS LAWSUIT EXCEEDS $10,000. THE EMPLOYING FIRM AND ITS REGISTERED REPRESENTATIVES EXPRESSLY DENY ANY WRONGDOING OR LIABILITY IN CONNECTION WITH THESE CLAIMS.
More Information
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