- Report: #1061637
Report - Rebuttal - Arbitrate
Complaint Review: (((NAME(S) REDACTED DUE TO PERCEIVED HARASSMENT / CYBERSTALKING / CYBERBULLYING / REVENGE POST))), Put (((REDACTED)))
(((NAME(S) REDACTED DUE TO PERCEIVED HARASSMENT / CYBERSTALKING / CYBERBULLYING / REVENGE POST))), Put (((REDACTED)))(((REDACTED))) (((REDACTED))), Nevada USA
(((NAME(S) REDACTED DUE TO PERCEIVED HARASSMENT / CYBERSTALKING / CYBERBULLYING / REVENGE POST))) | RIPOFF REPORT POST-PUBLICATION CONTENT REVIEW: EDITORIAL REDACTION pays over $100,000 for breach of fiduciary duty; fraud; violations of the anti-fraud provisions of the Securities Act and violations of NASD Regulations! Henderson Nevada
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EDITOR’S COMMENT: Ripoff Report strongly believes in the First Amendment, especially when consumers are truthfully warning other consumers about potential frauds, scams, rip-offs or the like by shady individuals or businesses. Ripoff Report is by consumers, for consumers…and we want to keep it that way! Unfortunately this Report was posted and, upon additional information, appears to have been primarily for the purpose of bullying or harassment. In many instances Ripoff Report will reach out to the author of the Report to obtain further information. In other instances, enough information is provided to Ripoff Report to warrant redactions without reaching out to the author. Ripoff Report is working to combat tactics that are perceived to be cyberharassment, cyberstalking, cyberbullying and/or what is generally considered a “revenge post” as we do not condone such behavior.
The Report was brought to our attention and, upon review of compiled information (which will be done on a case by case basis without any obligation as resources allow), and at Ripoff Report’s sole discretion, information that did not conform to current policies and/or the identifying information relating to the individual(s) and/or business(es) named in this “Report” and any subsequent comments thereto have been editorially redacted as indicated by the following “(((REDACTED)))” or (((REDACTED DUE TO PERCEIVED HARASSMENT / REVENGE POST)))”.
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(((REDACTED))) pays over $100,000 for breach of fiduciary duty; fraud; violations of the anti-fraud provisions of the Securities Act and violations of NASD Regulations!
NASD (National Association of Securities Dealers) Dispute Resolution Arbitration No. (((REDACTED)))
Alton Crusius entrusted (((REDACTED))) with his money for investing. (((REDACTED))) only interest was to make large commissions at the cost of his client. In doing so, (((REDACTED))) made several unauthorized purchases. He was charged with breach his fiduciary duty; fraud; violations of the anti-fraud provisions of the Securities Act of 1934; and violations of NASD regulations. (((REDACTED))) verbally harassed Mr. Crusius and lied about each investment that (((REDACTED))) completed without his client’s approval. After considering the evidence presented at the NASD hearing, the full and final resolution was as follows:
- (((REDACTED))) is liable for and shall pay damages of $100,000.00 to Alton Crusius.
- (((REDACTED))) reimburses SunAmerica Securities, Inc. the total commissions of $61,233.00.
- (((REDACTED))) Counterclaim against Alton Crusius is dismissed.
- (((REDACTED))) is liable for monies Due NASD Dispute Resolution $14,850.00
Laila Asmar Folk, Esq. -Public Arbitrator, Presiding Chairperson
This report was posted on Ripoff Report on 06/24/2013 11:27 AM and is a permanent record located here: http://www.ripoffreport.com/r/NAMES-REDACTED-DUE-TO-PERCEIVED-HARASSMENT-CYBERSTALKING-CYBERBULLYING-REVENGE-POST-Put-REDACTED/REDACTED-Nevada-REDACTED/NAMES-REDACTED-DUE-TO-PERCEIVED-HARASSMENT-CYBERSTALKING-CYBERBULLYING-REVENGE-1061637. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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