RedFlags, Allegations and Complaints against SHANNON EILEEN WAGGONER
Disclosure #1 for SHANNON WAGGONER
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- eventDate: 1/7/2011
- Disclosure Type: Employment Separation After Allegations
- Disclosure Resolution:
- Disclosure Detail :: Firm Name: MERRILL LYNCH, PIERCE, FENNER AND SMITH, INC.
- Termination Type: Discharged
- Allegations: ENGAGING IN UNAPPROVED OUTSIDE BUSINESS ACTIVITY, ALTERATION OF DOCUMENTS CONTAINING INFORMATION CONCERNING CLIENTS AND FORWARDING INFORMATION CONCERNING MERRILL LYNCH CUSTOMERS OUTSIDE THE FIRM.
- Broker Comment: EMPLOYEE’S RESPONSE: REGARDING THE OUTSIDE INTEREST: MY NAME IS ON A LOAN FOR A RENTAL HOUSE WHICH MY HUSBAND OWNS AND MANAGES. I FAILED TO INFORM MERRILL LYNCH ABOUT THIS HOUSE. REGARDING THE ALLEGATION OF ALTERATION AND FORWARDING DCOUMENTS: TOWARDS THE END OF MY 14 YEARS OF SERVICE WITH MERRILL LYNCH MY IMMEDIATE SUPERVISOR, WHO HAD BEEN UNDER HEIGHTENED SUPERVISION AND WAS UNDER AN ONGOING INVESTIGATION BY THE FIRM, LEFT MERRILL LYNCH. I WORKED AS HIS ASSISTANT AND PERFORMED CLERICAL DUTIES TO PROVIDE SERVICE TO HIS CLIENTS. MY SUPERVISOR AND MERRILL LYNCH WERE SUED IN JUNE 2010 BY A CLIENT WHO HAD INVESTED IN AN UNAPPROVED REAL ESTATE TRANSACTION WITH MY SUPERVISOR. IN 2008, I WAS INSTRUCTED BY MY SUPERVISOR TO FAX A DOCUMENT OF APPROXIMATELY 50 PAGES TO AN OUTSIDE BANK. THE CLIENT INVOLVED IN THE REAL ESTATE INVESTMENT HAD SIGNED THE DOCUMENT BUT IT WAS NOT DATED AND MY SUPERVISOR TOLD ME TO ADD THE DATE. I FOLLOWED HIS INSTRUCTIONS AND SENT THE DOCUMENT, USING OUR MERRILL LYNCH BUSINESS FAX WHICH WAS MONITORED AND SUPERVISED BY MANAGEMENT. I DID NOT READ THE DOCUMENT AND DID NOT KNOW ITS CONTENTS. AS A RESULT OF THEIR INVESTIGATION, MERRILL LYNCH ALLEGED MY SENDING THE FAX DOCUMENT AND ADDING THE DATE, DONE AT MY SUPERVISOR’S INSTRUCTION, WAS A VIOLATION OF FIRM POLICY. THESE ALLEGATIONS, EVEN IF ACCURATE, WOULD HAVE BEEN A VIOLATION OF FIRM POLICY AND NOT INDUSTRY REGULATIONS.
Should I file a FINRA complaint against brokers like SHANNON EILEEN WAGGONER?
Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.
Update – 2022.11.15If you have suffered investment losses that may have been caused by SHANNON EILEEN WAGGONER’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!
Frequently Asked Questions About SHANNON EILEEN WAGGONER
What is SHANNON WAGGONER’s Central Registration Depository (CRD) Number?
Which firm is SHANNON EILEEN WAGGONER associated with?
MORGAN STANLEY
Where is SHANNON WAGGONER located?
3700 Embassy Parkway, Akron, OH, 44333
Where can I find more details about SHANNON WAGGONER’s Investment Firm?
Visit https://brokercheck.finra.org/firm/summary/149777 to read a detailed report for MORGAN STANLEY
Are there any disclosures, allegations or complaints filed against SHANNON EILEEN WAGGONER?
Where can I download a detailed FINRA report for SHANNON WAGGONER?
Is it safe to do business with SHANNON EILEEN WAGGONER?
We’re not sure. Please research SHANNON WAGGONER’s disclosures, allegations and complaints before taking a decision
Originally reported on November 16, 2022 @ 12:39 am
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