- 13 - of that potential client's investment goals, and (3) was respon- sible for explaining to each potential client of FIC the differ- ences among the various financial investments that were available through FIC and for assessing the suitability of such investments for each such potential client. Throughout the period that commenced sometime in 1979 until sometime in 1981, Ms. Gordon was also employed as a salesperson by a retail store. Throughout the period that commenced sometime in 1982 until at least the date of the trial herein, Ms. Gordon was employed as a school teacher. During 1982, Ms. Gordon inherited from her mother assets valued at about $200,000 that consisted of stocks, mutual funds, and cash. Ms. Gordon invested the cash that she inherited in various interest-bearing accounts, including money market funds, certificates of deposit, and savings accounts. During 1988, 1989, and 1990, respectively, Ms. Gordon maintained 16, 21, and 18 separate financial accounts that consisted of money market funds, certificates of deposit, savings accounts, and checking accounts. During 1979, after Ms. Gordon began working for FIC, she purchased stock of certain of the mutual funds offered by that company and continued to own that stock through 1989. On February 26, 1987, Ms. Gordon opened a brokerage account with Charles Schwab & Co., Inc. (Charles Schwab) that she main-Page: Previous 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Next
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