FINRA Sanctions Eric Willer

Soreide Law Group is investigating possible investor claims against securities broker Eric Willer [CRD: 2263899, Irving, Texas]. Notably, FINRA sanctioned the securities broker, who worked for Fusion Analytics Securities LLC. Allegedly, Willer made unsuitable recommendations. Here is a brief summary of FINRA’s allegations against Willer.

FINRA Sanctions Fusion Analytics Securities LLC Securities Broker For Unsuitable Recommendations

Specifically, on December 3, 2021, FINRA issued Case: 2018059545603, which contains sanctions against Eric Willer for infractions. Namely, Willer was suspended as a securities broker. Mainly, FINRA alleged that Willer made unsuitable recommendations.

Namely, FINRA says that from January 2017 to December 2018, during the time that he was associated with Fusion Analytics, Willer recommended that 13 potential investors buy bonds in two private placement offerings without ascertaining whether the bonds were suitable for the investors. Supposedly, Willer also negligently omitted and misrepresented material facts about the offering.

Allegedly, other than reviewing offering documents, Willer conducted no investigation of the issuer or its management. For example, the offering documents distributed to potential investors projected 2017 revenue to be $3,821,247, but other documentation indicated that revenue was not expected to be generated until 2018. As a result, Willer violated FINRA Rules 2010 and 2111.

Fusion Analytics Securities LLC Investor Accused Eric Willer Of Breach Of Fiduciary Duty

Particularly, on September 21, 2021, a Fusion Analytics Securities LLC client filed FINRA Arbitration: 21-02388 about Eric Willer. Namely, the client alleged that Willer breached fiduciary duties, failed to supervise certain registered representatives, and was negligent. Because of this, the client allegedly sustained damages on investments. Therefore, the client requested $499,000 in compensation from Fusion Analytics Securities LLC or Willer. However, Fusion Analytics Securities LLC denied this complaint.

Willer Employment Information

• Willer worked for Fusion Analytics Securities LLC in Dallas, TX, as a securities broker from August of 2015 to June of 2020.
• Willer worked for Kestra Investment Services LLC in Irving, TX, as a securities broker from June of 2020 to April of 2021.

Damages Resulting From Fusion Analytics Securities LLC Securities Broker Eric Willer?

Have you suffered damages because of Eric Willer? If so, contact Soreide Law Group at (888) 760-6552 and talk with a securities attorney concerning the potential recovery of your investment losses or other damages. Soreide Law Group, who has effectively recovered money for many investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Willer and brokerage firms Willer worked for deny accusations of sales practice violations.