WILLIAM LEE LAMPE

WILLIAM LEE LAMPE is currently employed as a Broker and/or Investment Adviser at WELLS FARGO CLEARING SERVICES, LLC located at 777 108TH AVE NE, STES 2400 AND 2500, BELLEVUE, WA, 98004.

WILLIAM LEE LAMPE has worked at WELLS FARGO CLEARING SERVICES, LLC since June 17, 2013

Disclosure History

WILLIAM LEE LAMPE has 1 Disclosure Event(s).

Date: June 21, 1984
Category: Customer Dispute
Allegations: MISREPRESENTATION, FRAUD AND UNSUITABILITY
Damage Amount Requested: $750,000.00
Settlement Amount: $60,000.00
Broker Comment: SETTLED BY MERRILL LYNCH ON MARCH 1, 1988, BY PAYING SOME OF THE PLAINTIFFS $60,000. THE BRANCH MANAGER, WILLIAM LAMPE, AND FINANCIAL CONSULTANTS, GARY SINDERBRAND AND EDWARD JANANSKY, WERE NOT ASKED TO CONTRIBUTE TO THE SETTLEMENT BY MERRILL LYNCH. THE SETTLEMENT OF THIS MATTER AT LESS THAN 10 CENTS ON THE DOLLAR WAS MADE SOLELY AS A BUSINESS DECISION TO SETTLE THE LAWSUIT FOR LESS THAN THE PROJECTED LEGAL COSTS NECESSARY TO TRY THE CASE.

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 WILLIAM LEE LAMPE, click here.

The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.