Eugene Lee Webb of Salem Oregon a stockbroker formerly employed by GVC Capital LLC is the subject of a customer initiated investment related written complaint on March 20, 2018 where the customer sought $160,000.00 in damages based upon allegations that (1) misrepresentations had been made to the customer (2) unsuitable equity and direct investment product transactions were executed in the customer’s account and (3) the customer’s investment instructions were not followed.
This is not the first time that Webb has been accused of suitability. Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Webb is subject of a customer initiated investment related civil action that settled for $85,000.00 in damages founded on accusations that while Webb was associated with Livingston Securities, Inc., over-the-counter equities transactions had been effected in the customer’s account that were not suitable for the customer.
Webb’s registration with GVC Capital LLC was terminated on September 9, 2015.
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