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.
To discuss this article or any other issues with you may be having with a broker/dealer, contact Soreide Law Group and speak to an experienced securities lawyer at no cost: 888-760-6552.
Soreide Law Group represents our clients nationwide before FINRA on a contingency fee basis, no fee to you if no recovery.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com