Investors potentially experienced sales practice violations due to securities broker Mark John Williams [CRD: 4061842, Carmel, California], based on disclosures on FINRA BrokerCheck. Williams worked for Kingswood Capital Partners LLC from November 9, 2021, to October 30, 2024, Forta Financial Group Inc. from March 12, 2021, to December 9, 2021, and Centaurus Financial Inc. from November 3, 2015, to March 11, 2021. Read below to find out more about the disclosures involving Williams.
Centaurus Financial Inc. Investor Accused Williams Of Misrepresentation
Particularly, on July 26, 2024, a Centaurus Financial Inc. client filed Civil Action No. 24CV001951 about Mark Williams. Primarily, the client alleged that Williams breached his fiduciary duty, recommended unsuitable investments, and omitted material facts. For this reason, the client allegedly sustained damages on illiquid corporate bonds and stocks. Consequently, the client requested $546,000.00 in compensation from Centaurus Financial Inc. or Williams. This civil suit is pending a resolution.
Mark Williams Disclosed Unsuitable Recommendations Allegations By Forta Financial Group Inc. Client
Evidently, a client of Forta Financial Group Inc. contested Mark Williams’s sales practices by bringing FINRA Arbitration No. 24-00488 on March 4, 2024. Allegedly, Williams gave unsuitable advice to invest in GWG. As a result, the client seeks compensation from Forta Financial Group Inc. or Williams in the amount of $300,000.00 in this ongoing matter.
Mark Williams Disclosed Breach Of Fiduciary Duty Allegations By Centaurus Financial Inc. Client
Specifically, a client of Centaurus Financial Inc. disputed Williams’s sales practices by filing FINRA Arbitration No. 22-00706. Allegedly, Williams recommended unsuitable investments and breached his fiduciary duty. Supposedly, Williams caused the client to sustain damages connected to corporate bonds. Therefore, Centaurus Financial Inc. opted to settle the matter on May 31, 2023, by compensating the client in the amount of $150,000.00.
Have You Made Investments Through Securities Broker Williams?
Did you experience losses because of Mark Williams? You should contact Soreide Law Group at (888) 760-6552 or online and talk with a securities lawyer concerning a potential recovery of your investment losses. For years, Soreide Law Group has recovered losses for investors throughout the country. Also, the firm takes cases on a contingency fee basis and advances all costs. Williams and brokerage firms Williams worked for deny accusations of sales practice violations.
