Larry Demar Boggs of Cumberland Maryland a stockbroker currently employed by Wells Fargo Advisors is referenced in a customer initiated investment related arbitration claim which was resolved for $75,000.00 in damages founded on accusations that the customer’s investable assets were allocated in a municipal bond portfolio that was in no way suitable for the customer. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-00523 (Oct. 5, 2018).
FINRA Public Disclosure additionally confirms that a customer initiated investment related complaint concerning Boggs’ conduct was settled for $6,264.00 in damages based upon allegations that while Boggs was associated with Wachovia Securities, LLC, unsuitable amounts of equities had been purchased for the customer’s investment account given the customer’s objectives of avoiding large risk exposure.
Boggs has been registered with Wells Fargo Clearing Services LLC since October 1, 1999.
