MARK J WILLIAMS Formerly of KINGSWOOD CAPITAL & CENTAURUS FINANCIAL

Soreide Law Group is currently representing clients who are pursuing a case allegedly involving the former registered representative, MARK JOHN WILLIAMS (MARK J WILLIAMS). This case involves the alleged sale of GWG L Bonds that took place at CENTAURUS FINANCIAL INC. Williams was most recently registered with KINGSWOOD CAPITAL PARTNERS LLC of Carmel by the Sea, California, from 11/09/2021 - 10/30/2024.  Williams was also registered with CENTAURUS FINANCIAL INC of Carmel, California, from 11/03/2015 - 03/11/2021.

According to FINRA’s BrokerCheck, available to the public on FINRA’s website, MARK J WILLIAMS has been in the securities industry for 24 years and was listed with 8 firms.  Williams has 7 disclosures on his FINRA CRD report, all 7 disclosures are “Customer Disputes.”  It is to be noted that the significance of Williams’ disclosures 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, MARK J WILLIAMS’ customer complaints rank him in the top one-hundredth percent of all registered representatives for customer complaints. 

Of the 7 “Customer Disputes,” one has been closed with no action, 2 have settled, and 4 are pending. Williams denies all allegations.

The most recent case filed against MARK J WILLIAMS, dated 10/21/2025, is pending.  The requested damages are $1,000,000.00, following the allegations of, “The customers allege that the Registered Representative recommended and misrepresented unsuitable, high-risk, speculative and illiquid investments and breached his fiduciary duty. No specific dates for the alleged activity were identified in the Statement of Claim.”

Another pending dispute filed against MARK J WILLIAMS dated 7/26/2024 is requesting damages of $546,000.00.  The allegations are, “The customers allege that during the period of early 2019 through February 2021, the Registered Representative withheld material facts and recommended unsuitable, high-risk, speculative, illiquid investments and breached his fiduciary duty.”

The pending dispute filed against Williams on 12/18/2023 is requesting $598,955.00 in damages.  The allegations are, “The customers allege that in August through September of 2020, the Registered Representative withheld material facts and recommended unsuitable, high-risk, speculative, illiquid investments and breached his fiduciary duty.”

Many investors, including elderly retirees, may have been misled by their broker/dealers or financial advisors into believing GWG L Bonds were low-risk, secure investments, when in fact GWG L Bonds were high-risk and considered unsuitable for many investors. GWG L Bonds were speculative, and illiquid securities sold as private placements through broker/dealers nationwide.

Soreide Law Group has successfully brought dozens of cases before FINRA involving GWG L Bond sales.  If your broker/dealer or financial advisor recommended GWG L bonds to you and you’ve suffered significant investment losses, contact Soreide Law Group and speak to an experienced securities lawyer at no cost regarding the possible recovery of your financial losses at:  888-760-6552.

Soreide Law Group represents clients nationwide before FINRA on a contingency fee basis, no fee to you if no recovery.