Soreide Law Group obtained the following information on FINRA’s December 2017 Disciplinary Report:
LANDON L WILLIAMS (LANDON LAVON WILLIAMS)(CRD #1751467, Daytona Beach, Florida)
was assessed a deferred fine of $10,000 and suspended by FINRA due to allegations that during telephone conversations with clients, he misrepresented and omitted material facts, and made misleading statements relating to securities transactions that he was recommending.
FINRA’s findings stated that in connection with each telephone conversation, LANDON L WILLIAMS, as was required by his member firm’s policies and procedures, electronically entered notes in the firm’s client relationship management software application describing his discussion with, and disclosures made to the clients. In his notes, Williams allegedly made false statements about what he discussed with and disclosed to the clients. Williams’ entries were relied upon by supervisory and compliance personnel to evaluate the suitability of his recommendations and to determine whether or not to approve the securities transactions that he had recommended.
Also, according to FINRA, Williams allegedly made false statements in an email to a manager at his firm. Williams knew, or should have known, that his notes would be reviewed by firm supervisory and/or compliance personnel, including his immediate supervisor; and knew, or should have known, that the information he provided in his email to a firm manager would be considered in evaluating the suitability of his recommendations to a client. By entering false information, Williams allegedly caused his firm’s books and records to be inaccurate.
The suspension is in effect from November 6, 2017, through November 5, 2019.
(FINRA Case #2014042524301)
According to FINRA’s BrokerCheck, which is available to the public on FINRA’s website, LANDON L WILLIAMS has two Disclosures on his report. One of these Disclosures is an “Employment Separation After Allegations” on August 6, 2014, and due to the allegations was discharged from MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED in Jacksonville, Florida.
LANDON L WILLIAMS was in the securities industry for 11 years and was listed with 8 firms, the most recent listed below:
08/06/2013 – 09/05/2014 MERRILL LYNCH, PIERCE, FENNER & SMITH INC – JACKSONVILLE, FL
01/06/2012 – 08/30/2012 TRANSAMERICA FINANCIAL ADVISORS INC – JACKSONVILLE, FL
10/19/2011 – 01/06/2012 WORLD GROUP SECURITIES INC – CINCINNATI, OH
09/20/2004 – 10/22/2009 MERRILL LYNCH, PIERCE, FENNER & SMITH INC – DAYTONA BEACH, FL
If you were a client of LANDON L WILLIAMS, formerly of MERRILL LYNCH, PIERCE, FENNER & SMITH INC of Florida, and experienced losses due to his actions or recommendations, call Florida-based Soreide Law Group and speak to an experienced lawyer regarding the possible recovery of your investment through a FINRA arbitration at: 888-760-6552.
Soreide Law Group represents our clients nationally before FINRA on a contingency fee basis. No cost if no recovery.