Investors reportedly complained about securities broker James Earl Williams [CRD: 1631008, Boca Raton, Florida], based on public information found on FINRA BrokerCheck. Evidently, Williams joined Newbridge Securities Corporation on June 9, 2010, and was previously a registered investment adviser. Keep reading to learn more about the disclosures concerning James Williams.
Specifically, a client of Newbridge Securities Corporation disputed James Williams’s conduct by filing FINRA Arbitration No. 22-01198. Allegedly, Williams was negligent, breached his fiduciary duty, and negligently supervised representatives relating to alternative investment sales. For this reason, Newbridge Securities Corporation opted to settle the dispute on August 28, 2023, by paying compensation totaling $140,000.
Particularly, a Janney Montgomery Scott LLC client filed FINRA Arbitration No. 0904915 about James Williams. Evidently, the client alleged that Williams made unsuitable recommendations. Because of this, the investor allegedly incurred damages connected to mutual funds. For this reason, on October 5, 2010, Janney Montgomery Scott LLC settled this matter by paying the client $45,500 in damages.
Additionally, a client of Janney Montgomery Scott LLC took aim at James Williams’s sales practices, according to a complaint. Allegedly, Williams engaged in unauthorized trading, excessive trading, and unsuitable trading. It appears that Williams caused the client to sustain damages linked to stocks and penny stocks. As a result, Janney Montgomery Scott LLC opted to settle the matter on April 21, 2010, by paying $850,000.
Do you have concerns or questions regarding investments you made with James Williams? You should reach out to Soreide Law Group at (888) 760-6552 or online to speak with a securities lawyer concerning your legal rights and options. For years, For years, Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee arrangement and advances all costs. Williams and brokerage firms Williams worked for deny allegations made against them.
In a recent article from Financial Advisor they state that the customers of Kestra have filed a complaint against the broker/dealer with the Financial Industry Regulatory Authority’s (FINRA) arbitration service. The article states that the customers allege that one of Kestra’s representatives led them to a volatile and unsuitable exchange-traded product. Additionally, they allege he […]
Investors potentially incurred losses because of securities broker Diego Soares Bacellar [CRD: 6808326, Miami, Florida], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Diego Bacellar worked for Northwestern Mutual Investment Services LLC from April 8, 2019, to May 1, 2026. Investors are encouraged to continue reading to discover more about the disclosures involving […]
Investors apparently complained about securities broker Mark Allen Herding [CRD: 2239357, Phoenix, Arizona], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Herding worked for Cambridge Investment Research Inc. from October 19, 2012, to February 14, 2018, and Cambridge Investment Research Advisors Inc. from November 15, 2012, to February 14, 2018. Since January 31, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com