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FINRA Broker Allegations

Allegations against: Herbert Garrett Frey

Allegation type: Customer Dispute

Allegation status: Settled

The allegations read: Claimants alleged that only $10,000 worth of american continental corporation debentures were authorized to be purchased by the respondents for the claimant's accounts and that all other purchases for american continental corporation were not authorized. Claimants alleged respondents "guaranteed" claimants investment.

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