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FINRA Broker Allegations

Allegations against: Daniel Jerome Fair

Allegation type: Customer Dispute

Allegation status: Denied

The allegations read: Customer filed claim against myself & firm (jcb) alleging unauthorized & excessive trade in his account. also alleged his account was wrongfully liquidated in response to margin calls in august 1990. Customer claimed damages of $1,5000,000 plus punitive damages and attorney fees.

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