A.G. Edwards

A.G. Edwards
5:30 pm
Tue April 19, 2011

Carnahan says A.G. Edwards to pay $755K

Mo. Secretary of State Robin Carnahan.

Missouri Secretary of State Robin Carnahan says brokerage firm A.G. Edwards has reached a $755,000 settlement with the state of Missouri.

Carnahan said Tuesday in a release that the settlement ends an investigation that resulted from a complaint by an 81-year-old southwest Missouri investor. Carnahan said the consent order stemmed from her investigation that found the firm sold annuities to elderly customers without proper documentation.

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