HERE IS GUMM MM ROGER PARKER MAY, A ZICAM EXPERT WHO WAS THE PERSON THAT SCHNEIDER SECURITIES URGED INVESTORS TO CONTACT TO BUY GUMM. A REAL PRO
NASDAQ CONTINUES TO LOOK THE OTHER WAY!!
=============================
Gum Tech Intl Inc
Broker: Roger May
303-837-9200
800-822-0224
web.archive.org
===================================
NASD Registered Person: ROGER PARKER MAY
CRD Number: 717728
Criminal Actions: 0
Regulatory Actions: 1
Civil Judicial Actions: 0
Terminations: 0
Customer Complaints: 10
Investigations: 0
Bonds: 0
Bankruptcies: 0
Judgment/Liens: 0
CURRENT EMPLOYMENT
EMPLOYMENT (1 of 1) ****************
Employing Firm: J.P. TURNER & COMPANY, L.L.C.
Firm CRD Number: 43177
Office of Employment address: 1355 S. COLORADO BLVD.
SUITE #C-501
DENVER, CO 80222
USA
Start Date: 09/30/2002 End Date: to present
PREVIOUS EMPLOYMENT
*************** PREVIOUS EMPLOYMENT (1 of 1) ***************
Employing Firm: SCHNEIDER SECURITIES, INC.
Firm CRD Number:
Office of Employment address: DENVER, CO
Start Date: 04/1985 End Date: 09/2002
NASD Public Disclosure Program October 17, 2003 Page 4
This information is current as of: 10/17/2003
REGULATORY ACTIONS
** OCCURRENCE COUNTS ** 1 Record(s)
******** REGULATORY ACTION (1 of 1) ********
Reporting Source: Broker (Form U-4)
Date Reported: 09/26/2003
Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS
Date initiated: 07/22/2003
Docket/
Case Number: E3AO10512/E3AO20273/E3A020418
Employing Firm: J. P. TURNER & COMPANY, LLC
Allegations: PROPOSED CHARGES ARE AS FOLLOWED: OMISSION TO DISCLOSE MATERIAL
INFORMATION UNSUITABLE RECOMMENDATIONS UNAUTHORIZED
TRANSACTIONS
Current Status: Pending
Summary:
NASD Public Disclosure Program October 17, 2003 Page 5
This information is current as of: 10/17/2003
________________________________________________________________________________
NASD Registered Person: ROGER PARKER MAY
CRD Number: 717728
********************************************************************************
CUSTOMER COMPLAINTS
******* CUSTOMER COMPLAINT (1 of 10) *******
Reporting Source: Broker (Form U-4)
Date Reported: 02/12/2003
Date Received: 11/22/2002
Employing Firm: SCHNEIDER SECURITIES, INC.
Allegations: CUSTOMER HAS ALLEDGED THAT BECAUSE HE WAS LET GO FROM HIS PLACE
OF BUSINESS ON JUNE 28, 2001, ALL TRANSACTIONS AFTER THAT DATE
WERE UNSUITABLE.
Alleged Damages: $83,500.00
Action Pending?: No
Resolution: Arbitration/Reparation
Resolution
Date: 01/24/2003
Arbitration/Reparation
Details: NASD CASE # 02-07204
Service Date: 01/24/2003
Pending?: Yes
Disposition
Details:
******* CUSTOMER COMPLAINT (2 of 10) *******
Reporting Source: Broker (Form U-4)
Date Reported: 09/13/2002
Date Received: 08/22/2002
Employing Firm: SCHNEIDER SECURITIES, INC.
Allegations: UNAUTHORIZED TRADES IN PENASTAR, CAUSING LOSSES 11/30/01 -
3/13/02 AND USE OF MARGIN.
Alleged Damages: $117,891.60
Action Pending?: Yes
Disposition
Details:
******* CUSTOMER COMPLAINT (3 of 10) *******
Reporting Source: Broker (Form U-4)
Date Reported: 01/14/2003
Date Received: 09/03/2002
Employing Firm: SCHNEIDER SECURITIES, INC.
Allegations: UNSUITABLE TO INVESTMENT OBJECTIVES STARTING IN 2001.
Alleged Damages: $450,000.00
Action Pending?: No
Resolution: Arbitration/Reparation
Resolution
NASD Public Disclosure Program October 17, 2003 Page 7
This information is current as of: 10/17/2003
________________________________________________________________________________
NASD Registered Person: ROGER PARKER MAY
CRD Number: 717728
CUSTOMER COMPLAINTS(cont.)
Date: 12/02/2002
Arbitration/Reparation
Details: NASD DOCKET # 02-06847
Service Date: 12/02/2002
Pending?: Yes
Disposition
Details:
******* CUSTOMER COMPLAINT (4 of 10) *******
Reporting Source: Broker (Form U-4)
Date Reported: 08/04/2003
Date Received: 06/20/2002
Employing Firm: SCHNEIDER SECURITIES
Allegations: CLAIMS FOR BREACH OF CONTRACT, NEGLIGENCE, BREACH OF FIDUCIARY
DUTY AND NEGLIGENT MISREPRESENTATION. OCT. 1999 - DEC 2002
Alleged Damages: $100,000.00
Action Pending?: No
Resolution: Arbitration/Reparation
Resolution
Date: 06/17/2002
Arbitration/Reparation
Details: NASD DR # 02-03424
Service Date: 06/20/2002
Pending?: No
Disposition: Settled
Disposition
Date: 05/02/2003
Monetary Compensation
Amount: $25,000.00
Individual Contribution
Amount: $7,500.00
Disposition
Details:
******* CUSTOMER COMPLAINT (5 of 10) *******
Reporting Source: Broker (Form U-4)
Date Reported: 06/26/2002
Date Received: 06/21/2002
Employing Firm: SCHNEIDER SECURITIES
Allegations: CUSTOMER WANTS RETURN OF LOSSES
Alleged Damages: $42,000.00
Action Pending?: Yes
Disposition
Details:
******* CUSTOMER COMPLAINT (6 of 10) *******
Reporting Source: Broker (Form U-4)
Date Reported: 05/29/2002
Date Received: 05/13/2002
NASD Public Disclosure Program October 17, 2003 Page 8
This information is current as of: 10/17/2003
________________________________________________________________________________
NASD Registered Person: ROGER PARKER MAY
CRD Number: 717728
CUSTOMER COMPLAINTS(cont.)
Employing Firm: SCHNEIDER SECURITIES, INC.
Allegations: CUSTOMER DELIVERED SECURITIES TO MEET MARGIN CALL. THE
SECURITIES WERE SOLD BY CORRESPONDENT SERVICES CORP. CUSTOMER
CLAIMS THAT OTHER SECURITIES SHOULD HAVE BEEN SOLD INSTEAD.
Alleged Damages: $979,984.00
Action Pending?: Yes
Disposition
Details: FIRM AND MAY ARE CURRENTLY REVIEWING TO PREPARE RESPONSE TO
ALLEGATIONS.
******* CUSTOMER COMPLAINT (7 of 10) *******
Reporting Source: Broker (Form U-4)
Date Reported: 02/12/2003
Date Received: 05/10/2002
Employing Firm: SCHNEIDER SECURITIES, INC.
Allegations: UNAUTHORIZED TRADING
Alleged Damages: $270,000.00
Action Pending?: No
Resolution: Arbitration/Reparation
Resolution
Date: 01/23/2003
Arbitration/Reparation
Details: NASD CASE # 03-00041
Service Date: 01/23/2003
Pending?: Yes
Disposition
Details: FIRM AND MAY ARE REVIEWING IN ORDER TO PREPARE A RESPONSE TO
THESE ALLEGATIONS.
******* CUSTOMER COMPLAINT (8 of 10) *******
Reporting Source: Broker (Form U-4)
Date Reported: 08/04/2003
Date Received: 04/03/2002
Employing Firm: SCHNEIDER SECURITIES, INC.
Allegations: DIDN'T SIGN MARGIN AGREEMENT BUT TRADING ON MARGIN STARTED AT
THE BEGINNING OF AUGUST 2001, RESULTING IN LOSSES.
Alleged Damages: $250,000.00
Action Pending?: No
Resolution: Arbitration/Reparation
Resolution
Date: 04/03/2002
Arbitration/Reparation
Details: NASD - DR ARB. #02-00397
Service Date: 04/03/2002
Pending?: No
Disposition: Settled
Disposition
Date: 03/10/2003
Monetary Compensation
Amount: $30,000.00
NASD Public Disclosure Program October 17, 2003 Page 9
This information is current as of: 10/17/2003
________________________________________________________________________________
NASD Registered Person: ROGER PARKER MAY
CRD Number: 717728
CUSTOMER COMPLAINTS(cont.)
Individual Contribution
Amount: $30,000.00
Disposition
Details:
******* CUSTOMER COMPLAINT (9 of 10) *******
Reporting Source: Broker (Form U-4)
Date Reported: 05/29/2002
Date Received: 11/13/2001
Employing Firm: SCHNEIDER SECURITIES, INC.
Allegations: LOSSES IN ACCOUNT, UNAUTHORIZED TRADES, BUT NOT SPECIFIC
Alleged Damages: $225,000.00
Action Pending?: Yes
Disposition
Details: THE FIRM SPOJKE WITH RHONDA ERIKSON AT SEC TO ADVISE MS.
ERIKSON THAT WE HAD RESPONDED TO MR. JERNER AND WERE WAITING
TO HEAR FROM HIM REGARDING WHAT HE WANTED TO DO WITH HIS IRA.
****** CUSTOMER COMPLAINT (10 of 10) ******
Reporting Source: Broker (Form U-4)
Date Reported: 07/09/2002
Date Received: 11/05/2001
Employing Firm: SCHNEIDER SECURITIES, INC.
Allegations: CUSTOMER CLAIMS NOT TO HAVE SIGNED MARGIN AGREEMENT;
UNAUTHORIZED TRADING.
Alleged Damages: $.00
Action Pending?: Yes
Disposition
Details: CLIENT'S CLAIM WAS FOR AN UNDISCLOSED AMOUNT.
************ END OF REPORT ************ |
