Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
BILLY JAMES AYCOCK, is currently listed with CABIN SECURITIES, INC. of Overland Park, Kansas since December of 2023, both as a broker and as an investment advisor.
According to FINRA’s BrokerCheck, available to the public on FINRA’s website, BILLY JAMES AYCOCK has been in the securities industry for 23 years and was listed with 11 firms. Before CABIN SECURITIES, Aycock was registered with several firms in Nashville, Tennessee and New York: Quick & Reilly, Inc., AXA Advisors, LLC, Park Avenue Securities LLC, Jackson National Life Distributors LLC, Brookstone Capital Management LLC, Arete Wealth Management, LLC, Arete Wealth Advisors, LLC, Center Street Advisors, Inc, and Center Street Securities, Inc.
FINRA’s BrokerCheck states that BILLY JAMES AYCOCK has 16 Disclosures on his FINRA CRD report. All 16 Disclosures are, “Customer Disputes,” dated January of 2024 to April of 2024, all are still pending. Aycock denies all allegations.
The significance of BILLY JAMES AYCOCK’s FINRA Customer Complaints is underscored in FINRA NOTICE to MEMBERS 03-49. FINRA conducted a review of the CRD’s of all registered representatives, only .41% had been the subject of 3 or more customer complaints. In other words Aycock’s customer complaints rank him in the top one-hundredth percent of all registered representatives for customer complaints.
Some of the allegations listed on the FINRA reports are: “Unsuitability, misrepresentation, breach of fiduciary duty, violation of FINRA conduct rules, negligence, failure to supervise, breach of contract and vicarious liability,” additional allegations, “Violation of securities law, breach of contract, common law fraud, breach of fiduciary duty, negligence and gross negligence in reference to Spring Hills Holdings LLC, Tasty Brands LP, GWG L Bonds, Priority Income Fund, Spring Hills holdings and Archon Growth and Income Residential LP,” also, “Claimant alleges Respondents did not conduct reasonable due diligence and made unsuitable recommendations in reference to GWH Holdings L Bond purchases made on 10/3/2019, 5/15/2020, 11/11/2020 and 11/13/2020.” There are allegations listed against BILLY JAMES AYCOCK stating, “Claimant alleges Respondents improperly recommended an unsuitable investment, falsely represented the investment as safe and failed to conduct reasonable due diligence in the purchase of GWG L Bonds made on 3/1/2018 and 12/1/2018,” requesting damages of $1,050,000.00.
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Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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