MICHAEL SHAUGHNESSY ALFRED
(MICHAEL S ALFRED,MIKE S. ALFRED)
CRD#: 4518953
Previously Registered Investment Adviser Visit SEC
Currently Not Registered
Disclosure
Customer Dispute
Settled
Allegations
ARBITRATION ALLEGES THAT THE PRODUCERS CAUSED THE CLAIMANTS TO BE APPLIED TO SECURITIES, POLICIES, ANNUITIES AND OTHER FINANCIAL INSTRUMENTS WHICH WERE UNSUITABLE, IRRESPONSIBLE, NOT REASONABLY NEEDED AND LACKING A STRATEGY FOR RISK MANAGEMENT.
Damage Amount Requested
$1,000,000.00
Settlement Amount
$135,000.00
Additional Information
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