WILLIAM JOHN NASGOVITZ is currently employed as a Broker and/or Investment Adviser at ALPS DISTRIBUTORS, INC. located at 789 NORTH WATER STREET, SUITE 500, MILWAUKEE, WI, 53202.
WILLIAM JOHN NASGOVITZ has worked at ALPS DISTRIBUTORS, INC. since August 01, 2007
Disclosure History
WILLIAM JOHN NASGOVITZ has 10 Disclosure Event(s).
Date: January 25, 2008 Category: Regulatory
Date: November 09, 2005 Category: Customer Dispute Allegations: REPORTING PERSON AND EMPLOYING INVESTMENT ADVISER ("IA") WERE NAMED AS DEFENDANTS IN SMALL CLAIMS COURT ACTION BY AN INVESTOR IN A MUTUAL FUND WITH RESPECT TO WHICH IA IS INVESTMENT ADVISER. PLAINTIFF REQUESTED REIMBURSEMENT FOR LOSS OF VALUE OF HER INVESTMENT IN SAID FUND DURING ONE-MONTH PERIOD IN 2000. CASE SETTLED AND DISMISSED SHORTLY AFTER FILING OF COMPLAINT FOR DE MINIMIS AMOUNT OF $500, WITH NO ADMISSION OF LIABILITY. Damage Amount Requested: $2,363.71 Settlement Amount: $500.00
Date: December 23, 2002 Category: Customer Dispute Allegations: PLAINTIFF ALLEGED VIOLATIONS OF VARIOUS FEDERAL AND STATE SECURITIES LAWS AND RELATED CLAIMS IN CONNECTION WITH THE REDUCTION IN THE NET ASSET VALUE OF THE HEARTLAND HIGH-YIELD MUNCIPAL BOND FUND THAT TOOK PLACE ON OCTOBER 13, 2000. Settlement Amount: $240,000.00 Broker Comment: THE MATTER WAS SETTLED WITHOUT ANY INJUNCTION, FINDING OF A VIOLATION, OR DISMISSAL PURSUANT TO A SETTLEMENT AGREEMENT OF AN ACTION BROUGHT BY A REGULATORY AUTHORITY, AND WITHOUT ANY ADMISSION OF LIABILITY ON THE PART OF REGISTRANT WHO WAS RELEASED FROM ALL CLAIMS.
Date: July 12, 2001 Category: Customer Dispute Allegations: CLAIMANT'S COUNSEL MADE GENERAL ALLEGATIONS OF VIOLATIONS OF FEDERAL SECURITIES LAWS AND STATE COMMON LAW BASED ON THE REDUCTIONS IN THE NET ASSET VALUES OF THE HEARTLAND SHORT DURATION HIGH-YIELD MUNICIPAL FUND AND THE HEARTLAND HIGH-YIELD MUNICIPAL BOND FUND THAT TOOK PLACE ON OCTOBER 13, 2000. Damage Amount Requested: $450,000.00 Settlement Amount: $110,000.00 Broker Comment: THE MATTER WAS SETTLED WITHOUT AN INJUNCTION, FINDING OF A VIOLATION OR DISMISSAL PURSUANT TO A SETTLEMENT AGREEMENT OF ANY ACTION BROUGHT BY A REGULATORY AUTHORITY, AND WITHOUT AN ADMISSION OF LIABILITY ON THE PART OF REGISTRANT WHO WAS RELEASED FROM ALL CLAIMS.
Date: March 19, 2001 Category: Customer Dispute Allegations: CLAIMANT ALLEGED VIOLATIONS OF 1933 ACT SECTIONS 12(A)(2), (15); 1934 ACT 10(B); CALIFORNIA STATUTES AND COMMON LAW IN CONNECTION WITH THE REDUCTIONS IN THE NET ASSET VALUES OF THE HEARTLAND SHORT DURATION HIGH-YIELD MUNICIPAL FUND AND THE HEARTLAND HIGH-YIELD MUNICIPAL BOND FUND THAT TOOK PLACE ON OCTOBER 13, 2000. Damage Amount Requested: $125,000.00 Settlement Amount: $50,000.00 Broker Comment: THE MATTER WAS SETTLED WITHOUT ANY ADMISSION OF LIABILITY OR CONTRIBUTION BY THE REGISTRANT, AND THE CLAIMANT PROVIDED A FULL RELEASE OF ALL LIABILITY FOR ALL RESPONDENTS, INCLUDING THE REGISTRANT, FROM ALL CLAIMS THAT WERE THE SUBJECT OF THE ARBITRATION.
Date: January 22, 2001 Category: Customer Dispute Allegations: CLAIMANTS ALLEGED VIOLATIONS OF 1933 ACT SECTIONS 11, 12(A)(2), 20A; 1934 ACT SECTION 10(B); MINNESOTA STATUTES AND COMMON LAW IN CONNECTION WITH THE REDUCTION IN THE NET ASSET VALUE OF THE HEARTLAND SHORT DURATION HIGH-YIELD MUNICIPAL FUND THAT TOOK PLACE ON OCTOBER 13, 2000. Damage Amount Requested: $100,000.00 Settlement Amount: $53,000.00 Broker Comment: THE MATTER WAS SETTLED WITHOUT ANY ADMISSION OF LIABILITY OR CONTRIBUTION BY THE REGISTRANT, AND CLAIMANTS PROVIDED A FULL RELEASE OF ALL LIABILITY FOR ALL RESPONDENTS, INCLUDING THE REGISTRANT, FROM ALL CLAIMS THAT WERE THE SUBJECT OF THE ARBITRATION.
Date: December 18, 2000 Category: Customer Dispute Allegations: CLAIMANTS ALLEGED VIOLATIONS OF 1933 ACT SECTIONS 12(A)(2), 15; 1934 ACT SECTION 10(B); MINNESOTA STATUTES AND COMMON LAW IN CONNECTION WITH THE REDUCTION IN THE NET ASSET VALUE OF THE HEARTLAND SHORT DURATION HIGH-YIELD MUNICIPAL FUND THAT TOOK PLACE ON OCTOBER 13, 2000. Damage Amount Requested: $1,600,000.00 Settlement Amount: $850,000.00 Broker Comment: THE MATTER WAS SETTLED WITHOUT ANY ADMISSION OF LIABILITY OR CONTRIBUTION BY THE REGISTRANT, AND THE CLAIMANT PROVIDED A FULL RELEASE OF ALL LIABILITY FOR ALL RESPONDENTS, INCLUDING THE REGISTRANT, FROM ALL CLAIMS THAT WERE THE SUBJECT OF THE ARBITRATION.
Date: November 02, 2000 Category: Customer Dispute Allegations: CLAIMANTS ALLEGED VIOLATIONS OF 1933 ACT SECTIONS 11, 12(A)(2); ICA SECTIONS 22, 34(B); STATE COMMON LAW IN CONNECTION WITH THE REDUCTION IN THE NET ASSET VALUE OF THE HEARTLAND HIGH-YIELD MUNICIPAL BOND FUND THAT TOOK PLACE ON OCTOBER 13, 2000. CLAIMANT ALLEGES DAMAGES IN EXCESS OF $260,000. Damage Amount Requested: $260,000.00 Settlement Amount: $170,000.00 Broker Comment: THE MATTER WAS SETTLED FOR $170000.00, PLUS ADDITIONAL CONTINGENT AMOUNTS, WITHOUT ANY ADMISSION OF LIABILITY OR CONTRIBUTION BY THE REGISTRANT, AND THE CLAIMANT PROVIDED A FULL RELEASE OF ALL LIABILITY FOR ALL RESPONDENTS, INCLUDING THE REGISTRANT, FROM ALL CLAIMS THAT WERE THE SUBJECT OF THE COMPLAINT.
Date: October 26, 2000 Category: Customer Dispute Allegations: PURSUANT TO INVESTMENT DISCRETION DELEGATED TO HEARTLAND ADVISORS, INC. ("HAI") AND MR. NASGOVITZ, ON SEPTEMBER 29, 2000, MR. NASGOVITZ PURCHASED SHARES OF HEARTLAND GROUP, INC.'S HIGH YIELD MUNICIPAL BOND FUND, AN OPEN-ENDED MUTUAL FUND (THE "FUND"), FOR THE ACCOUNT OF THE CUSTOMER ON MARGIN AND SOLD SHARES OF PUBLICLY TRADED COMMON STOCK CAUSING CUSTOMER TO REALIZE A TAXABLE GAIN. THE CUSTOMER ALLEGES THAT THESE TRANSACTIONS WERE NOT IN HIS BEST INTEREST. HEARTLAND ADVISORS, INC. AND MR. NASGOVITZ BELIEVE THAT THE ALLEGATIONS ARE WITHOUT MERIT. AS OF 10/25/02, THE REGISTRANT HAS RECEIVED NO FURTHER COMMUNICATION FROM THE CUSTOMER REGARDING HIS ALLEGATIONS. Damage Amount Requested: $98,378.05
Date: November 01, 1991 Category: Regulatory
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