Tuesday, May 24, 2016

Uncle Bob only had to fork over 5K in this one

715,263@10:51 am
715,231 @ 10:16 am

Hey, what's Five Thousand Bucks?

Robert Alexander Maiocco, Jr. had to give a customer 5K to settle the dispute 5/21/2007 -
hey, it's the 9th anniversary of Maiocco's debacle

05/21/2007
Customer Dispute - Settled
Allegations
73 YEAR OLD OREGON RESIDENT ALLEGES THAT FA ROBERT MAIOCCO MADE RECOMMENDATIONS THAT CAUSED LOSSES IN HIS ACCOUNT AND THAT HE DID NOT REDUCE THE COMMISSIONS ON A TRANSACTION IN ACCORDANCE WITH HIS EARLIER REPRESENTATION.
Damage Amount Requested
$9,903.00
Damages Granted
$5,000.00
Broker Comment
SETTLED FOR $5,000.