Broker / Advisor Investigations Archive - Page 354 of 582 - Law Offices of Robert Wayne Pearce (2024)

Alexander Williams of UBS Financial Services

DID ALEXANDER DEAN WILLIAMS CAUSE YOU INVESTMENT LOSSES? Alexander Williams Of UBS Financial Services Has A Customer Complaint For Alleged Broker Misconduct Who is Alexander Williams of UBS Financial Services? Alexander Williams (CRD #2646185) who is currently registered with UBS Financial Services and located in New York, New York is a subject of one of our many securities industry sales practice abuse investigations. Alexander Williams Customer Complaint Alexander Williams has been the subject of at least one customer complaint that we know about. The allegations made in the FINRA reported customer complaint for investment losses were unsuitable investment recommendations and misrepresentations with respect to recommendations to invest in and hold an options overlay strategy. The customer complaint filed against Alexander Williams’ current employer UBS Financial Services for investment losses caused by the alleged misconduct is pending as of the date of this report. Alexander Williams Red Flags & Your Rights As An Investor Of course, Alexander Williams did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Alexander Williams at UBS Financial Services on alert to review carefully the activity and performance of their accounts and question whether Alexander Williams has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at UBS Financial Services also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At UBS Financial Services Due To Alexander Williams If you have questions about UBS Financial Services and/or Alexander Williams and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Douglas Williams Formerly With Edward Jones

DID DOUGLAS RANDAL WILLIAMS CAUSE YOU INVESTMENT LOSSES? Douglas Williams Formerly With Edward Jones Has 2 Customer Complaints For Alleged Broker Misconduct Who is Douglas Williams formerly with Edward Jones? Douglas Williams (CRD #3156120) who was formerly registered with Edward Jones and located in Glastonbury, Connecticut is a subject of one of our many securities industry sales practice abuse investigations. Douglas Williams Customer Complaints Douglas Williams has been the subject of 2 customer complaints that we know about. One of Douglas Williams’ 2 customer complaints was settled in favor of investors. There is currently one pending customer complaint filed against Edward Jones for investment losses caused by Douglas Williams’ alleged misconduct. Allegations Against Douglas Williams A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Client alleged that Douglas Williams provided misinformation regarding the owner of a Lincoln Annuity which resulted in the client incurring legal fees when he was required to defend a litigation action from his ex-wife to return ownership to her. Client alleged Douglas Williams did not inform her of the potential tax consequences associated with a move to an Advisory Solutions account Douglas Williams Red Flags & Your Rights As An Investor Of course, Douglas Williams did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Douglas Williams at Edward Jones on alert to review carefully the activity and performance of their accounts and question whether Douglas Williams has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Edward Jones also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Edward Jones Due To Douglas Williams If you have questions about Edward Jones and/or Douglas Williams and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

John Williams of RBC Capital Markets

DID JOHN KEVIN WILLIAMS CAUSE YOU INVESTMENT LOSSES? John Williams Of RBC Capital Markets Has A Customer Complaint For Alleged Broker Misconduct Who is John Williams of RBC Capital Markets? John Williams (CRD #2285960) who is currently registered with RBC Capital Markets and located in Richmond, Virginia is a subject of one of our many securities industry sales practice abuse investigations. John Williams Customer Complaint John Williams has been the subject of at least one customer complaint that we know about. The allegations made in the FINRA reported customer complaint for investment losses were client alleged that John Williams should have sold a security before it went down in value. John Williams’ customer complaint was denied and, to date, the customer has not taken any further action. John Williams Red Flags & Your Rights As An Investor Of course, John Williams did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of John Williams at RBC Capital Markets on alert to review carefully the activity and performance of their accounts and question whether John Williams has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at RBC Capital Markets also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At RBC Capital Markets Due To John Williams If you have questions about RBC Capital Markets and/or John Williams and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Matthew Williams Formerly With Vanguard Marketing

DID MATTHEW JOHN WILLIAMS CAUSE YOU INVESTMENT LOSSES? Matthew Williams Formerly With Vanguard Marketing, First Allied Securities And TD Ameritrade Has A Customer Complaint For Alleged Broker Misconduct Who is Matthew Williams formerly with Vanguard Marketing? Matthew Williams (CRD #2887300) who was formerly registered with Vanguard Marketing and located in Scottsdale, Arizona is a subject of one of our many securities industry sales practice abuse investigations. Prior to Vanguard Marketing, Matthew Williams was associated with First Allied Securities, TD Ameritrade and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Matthew Williams Customer Complaint Matthew Williams has been the subject of at least one customer complaint that we know about, which was filed in the last year to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were that the investment ratio of two-thirds stocks and one-third bonds offered in the original plan was not lowered as requested causing him to lose close to $675,000 in less than 60 days. Matthew Williams’ customer complaint was denied and, to date, the customer has not taken any further action. Matthew Williams Red Flags & Your Rights As An Investor Of course, Matthew Williams did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Matthew Williams at Vanguard Marketing, First Allied Securities, and TD Ameritrade on alert to review carefully the activity and performance of their accounts and question whether Matthew Williams has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Vanguard Marketing, First Allied Securities, and TD Ameritrade also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Vanguard Marketing Due To Matthew Williams If you have questions about Vanguard Marketing, First Allied Securities, and TD Ameritrade, and/or Matthew Williams and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Jonathan Williams Formerly With NYLIFE Securities

DID JONATHAN SPENCER WILLIAMS CAUSE YOU INVESTMENT LOSSES? Jonathan Williams Formerly With NYLIFE Securities Has 19 Customer Complaints For Alleged Broker Misconduct Who is Jonathan Williams formerly with NYLIFE Securities? Jonathan Williams (CRD #4069029) who was formerly registered with NYLIFE Securities and located in Timonium, Maryland is a subject of one of our many securities industry sales practice abuse investigations. Jonathan Williams has also been the subject of a FINRA investigation after he was terminated by NYLIFE Securities. Apparently, Jonathan Williams refused to cooperate with the FINRA investigators and refused to provide on-the-record testimony requested by the regulators. Consequently, he was permanently barred from any further association with any member firm in any capacity. Jonathan Williams Customer Complaints Jonathan Williams has been the subject of 19 customer complaints that we know about. Fifteen of Jonathan Williams’ 19 customer complaints were settled in favor of investors. Four of Jonathan Williams’ customers’ complaints were denied and, to date, the customers have not taken any further action. Allegations Against Jonathan Williams A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Claimant alleged that he liquidated whole life policies and fixed annuities and was misled into purchasing an unsuitable investment that was sold in violation of federal and state securities registration and disclosure laws allegedly committed by Jonathan Williams. Customer alleged that Jonathan Williams misrepresented her accounts with the firm as having a total value of $200,000 with $50,000 being in cash. Further, the customer expressed concern with a monthly $200 deduction from her personal checking account. In response to an audit letter sent by the firm, the customer advised the firm that she was unaware that she was the owner of two NYLIFE brokerage accounts which were opened and listed on her policy summary report. She further stated that she did not authorize any transactions from those accounts allegedly committed by Jonathan Williams. The policyowner has also requested a thorough review of all of her policies since the account balance of her variable annuities has dropped significantly. Claimants allege that Jonathan Williams made an unauthorized transaction when he moved funds from a traditional IRA to a Roth IRA without her knowledge or authorization. She became aware of this when she received a notice of levy from the IRS for unpaid taxes incurred due to the transaction. The policyowner asked the Firm to fix this matter and conduct an audit of her policies and accounts while Mr. Williams was her agent. Policyowner alleged she is unable to identify all of the withdrawals from her accounts that were handled by Jonathan Williams. She asked for an accounting of all withdrawals and redemptions taken from her policy and accounts. Policyowner stated she had questions concerning three withdrawals made from her variable annuity policy totaling $37,901.22. The policyowner requested the company review all of her policies and provide her information regarding the questionable withdrawals which occurred when Jonathan Williams allegedly was handling her accounts. The client alleged that Jonathan Williams invested her funds in unsuitable products and charged her an excessive fee for financial planning. The customer requested the transaction history for his brokerage account stating that his brokerage account value was over $9,000 and then after was $0.00. He also stated he never received any money from that account and assumed that Jonathan Williams allegedly transferred the funds to an insurance policy that never existed. The customer voiced concerns regarding checks made payable in connection with a defined benefit pension plan for her employees to Mid Atlantic Financial, which was believed to be affiliated with New York Life allegedly committed by Jonathan Williams. The customers alleged that IRA contributions in the amount of $12,000 paid directly to Mid-Atlantic Financial were unaccounted for, which resulted in tax liabilities allegedly committed by Jonathan Williams. The customers alleged that Jonathan Williams invested their funds in unsuitable, risky, and high commission products, effectuating withdrawals from their accounts sometimes through forged documents resulting in large surrender charges and unnecessary tax consequences and penalties. The customers’ further alleged that Mr. Williams created private placement investments and certificates of deposit and stole their funds, demanding checks and payment of fees to entities under his control. The customers demanded $900,000 reimbursem*nt for misappropriated funds and unsuitable sales. The customers requested that NYL provide them with an accounting of the $25,000 they gave Jonathan Williams allegedly, which included a check for $10,000 made payable to Jonathan Williams Financial Planning to purchase stock certificates for Lyfe Kitchen common stock. They also alleged that Mr. Williams moved $15,000 into a certificate of deposit. The policyowner alleged that Jonathan Williams made unauthorized withdrawals from her variable annuity accounts and a brokerage account. The policyowner authorized NYL to review her portfolio for discrepancies and irregularities and requested all funds misappropriated from her account by Mr. Williams be returned to her. The policyowner stated he gave Jonathan Williams allegedly four checks made payable to Mid-Atlantic Financial totaling $114,000 to purchase certificates of deposit but did not believe the CDs were ever purchased. The policyowner further stated that he incurred $2,700 in fees and charges in his variable annuity cash management account because Mr. Williams allegedly failed to provide investment advice for $39,000 deposited in the account. The policyowner requested that NYL assist him in recovering his funds. The policyowner stated she purchased certificates of deposit from Jonathan Williams allegedly that were issued by Mid-Atlantic Financial, which she assumed was “affiliated” with New York Life. The policyowner stated she purchased certificates of deposit from Jonathan Williams allegedly totaling $411,214 that were issued by Mid-Atlantic Financial, which she assumed was “affiliated” with New York Life. The policyowners alleged that funds they invested with Jonathan Williams were missing from their accounts and that Mr. Williams gave them fraudulent account numbers. They requested the firm provide an accounting of all transactions in their accounts for the period they were represented by Mr. Williams and reimbursem*nt of all missing funds. The policyowners...

Mark Williams of Forta Financial Group

DID MARK JOHN WILLIAMS CAUSE YOU INVESTMENT LOSSES? Mark Williams of Forta Financial Group And Formerly With Centaurus Financial And JP Turner & Company Capital Management Has A Customer Complaint For Alleged Broker Misconduct Who is Mark Williams of Forta Financial Group? Mark Williams (CRD #4061842) who is currently registered with Forta Financial Group and located in Carmel, California is a subject of one of our many securities industry sales practice abuse investigations. Prior to Forta Financial Group, Mark Williams was associated with Centaurus Financial, JP Turner & Company Capital Management and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Mark Williams Customer Complaint Mark Williams has been the subject of at least one customer complaint that we know about. The allegations made in the FINRA reported customer complaint for investment losses were that Mark Williams misrepresented and made unsuitable investments for customer. Mark Williams’ customer complaint was denied and, to date, the customer has not taken any further action. Mark Williams Red Flags & Your Rights As An Investor Of course, Mark Williams did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Mark Williams at Forta Financial Group, Centaurus Financial, and JP Turner & Company Capital Management on alert to review carefully the activity and performance of their accounts and question whether Mark Williams has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Forta Financial Group, Centaurus Financial, and JP Turner & Company Capital Management also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Forta Financial Group Due To Mark Williams If you have questions about Forta Financial Group, Centaurus Financial, JP Turner & Company Capital Management, and/or Mark Williams and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Erin Willis of Cambridge Investment Research

DID ERIN GAY WILLIS CAUSE YOU INVESTMENT LOSSES? Erin Willis Of Cambridge Investment Research And Cambridge Investment Research Advisors Has 2 Customer Complaints For Alleged Broker Misconduct Who is Erin Willis of Cambridge Investment Research? Erin Willis (CRD #2406860) who is currently registered with Cambridge Investment Research, Cambridge Investment Research Advisors and located in Annapolis, Maryland is a subject of one of our many securities industry sales practice abuse investigations. Erin Willis Customer Complaints Erin Willis has been the subject of 2 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. Both of Erin Willis’ customers’ complaints were denied and, to date, the customers have not taken any further action. Allegations Against Erin Willis A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Client alleged Erin Willis failed to invest her assets in correlation to her investment objectives. Client also alleged Erin Willis made changes within her account without her consent. Client alleged that there was no investment action done for their account. Additionally, client alleged that Erin Willis expressed that their account would perform better than it did. Erin Willis Red Flags & Your Rights As An Investor Of course, Erin Willis did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Erin Willis at Cambridge Investment Research and Cambridge Investment Research Advisors on alert to review carefully the activity and performance of their accounts and question whether Erin Willis has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cambridge Investment Research and Cambridge Investment Research Advisors also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Cambridge Investment Research Due To Erin Willis If you have questions about Cambridge Investment Research, Cambridge Investment Research Advisors, and/or Erin Willis and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Michael Winn of Cape Securities

DID MICHAEL JOSEPH WINN CAUSE YOU INVESTMENT LOSSES? Michael Winn Of Cape Securities And Formerly With First Republic Securities Company, First Republic Investment Management And Private Advisor Group Has 2 Customer Complaints For Alleged Broker Misconduct Who is Michael Winn of Cape Securities? Michael Winn (CRD #2369114) who is currently registered with Cape Securities and located in Los Angeles, California is a subject of one of our many securities industry sales practice abuse investigations. Prior to Cape Securities, Michael Winn was associated with First Republic Securities Company, First Republic Investment Management, Private Advisor Group and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Michael Winn Customer Complaints Michael Winn has been the subject of 2 customer complaints that we know about. One of Michael Winn’s 2 customer complaints was settled in favor of investors. One of Michael Winn’s customers’ complaints was denied and, to date, the customer has not taken any further action. Allegations Against Michael Winn A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows: Client alleged that the investment at issue was only supposed to be for 6-8 years, and that the account was opened without his permission allegedly committed by Michael Winn. Claimant’s counsel alleged the life insurance policy was unsuitable and the surrender and other associated fees were not properly disclosed allegedly by Michael Winn. Counsel further alleged that a financial planning services agreement and related “Scope of Work” was ratified by all parties but none of the promised deliverables were ever provided or implemented. Michael Winn Red Flags & Your Rights As An Investor Of course, Michael Winn did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Michael Winn at Cape Securities, First Republic Securities Company, First Republic Investment Management, and Private Advisor Group on alert to review carefully the activity and performance of their accounts and question whether Michael Winn has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cape Securities, First Republic Securities Company, First Republic Investment Management, and Private Advisor Group also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Cape Securities Due To Michael Winn If you have questions about Cape Securities, First Republic Securities Company, First Republic Investment Management, Private Advisor Group, and/or Michael Winn and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

DID PAMELA S. WISE CAUSE YOU INVESTMENT LOSSES? Pamela Wise Of Merrill Lynch Pierce Fenner & Smith Has A Customer Complaint For Alleged Broker Misconduct Who is Pamela Wise of Merrill Lynch Pierce Fenner & Smith? Pamela Wise (CRD #2904307) who is currently registered with Merrill Lynch Pierce Fenner & Smith and located in Washington, District of Columbia is a subject of one of our many securities industry sales practice abuse investigations. Pamela Wise Customer Complaint Pamela Wise has been the subject of at least one customer complaint that we know about. The allegations made in the FINRA reported customer complaint for investment losses were the customer alleged misrepresentation. Pamela Wise’s customer complaint was denied and, to date, the customer has not taken any further action. Pamela Wise Red Flags & Your Rights As An Investor Of course, Pamela Wise did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Pamela Wise at Merrill Lynch Pierce Fenner & Smith on alert to review carefully the activity and performance of their accounts and question whether Pamela Wise has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Merrill Lynch Pierce Fenner & Smith also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Merrill Lynch Pierce Fenner & Smith Due To Pamela Wise If you have questions about Merrill Lynch Pierce Fenner & Smith and/or Pamela Wise and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Jason Wolter of Morgan Stanley

DID JASON W. WOLTER CAUSE YOU INVESTMENT LOSSES? Jason Wolter Of Morgan Stanley And Formerly With J.P. Morgan Securities And Deutsche Bank Securities Has A Customer Complaint For Alleged Broker Misconduct Who is Jason Wolter of Morgan Stanley? Jason Wolter (CRD #2934037) who is currently registered with Morgan Stanley and located in Greenwich, Connecticut is a subject of one of our many securities industry sales practice abuse investigations. Prior to Morgan Stanley, Jason Wolter was associated with J.P. Morgan Securities, Deutsche Bank Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Jason Wolter Customer Complaint Jason Wolter has been the subject of at least one customer complaint that we know about. The allegations made in the FINRA reported customer complaint for investment losses were client alleged unauthorized trading regarding municipal bond, mutual fund, structured product and ETF investments. The customer complaint filed against Jason Wolter’s current employer Deutsche Bank Securities and J.P. Morgan Securities for investment losses caused by the alleged misconduct is pending as of the date of this report. Jason Wolter Red Flags & Your Rights As An Investor Of course, Jason Wolter did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Jason Wolter at Morgan Stanley, J.P. Morgan Securities, and Deutsche Bank Securities on alert to review carefully the activity and performance of their accounts and question whether Jason Wolter has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Morgan Stanley, J.P. Morgan Securities, and Deutsche Bank Securities also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Morgan Stanley Due To Jason Wolter If you have questions about Morgan Stanley, J.P. Morgan Securities, Deutsche Bank Securities, and/or Jason Wolter and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.