WILLIAM J CARLTON of AEGIS CAPITAL

Soreide Law Group has been contacted by investors who allegedly suffered losses after purchasing high risks stocks recommended by broker/investment advisor,

WILLIAM JEFFREY CARLTON (WILLIAM J CARLTON, W JEFFREY CARLTON, JEFFREY CARLTON).

Carlton has been registered with AEGIS CAPITAL CORP. of Melville, New York, since 12/21/2023.  From 09/21/2007 - 01/12/2024, WILLIAM J CARLTON was registered both as a broker and as an investment advisor with UBS FINANCIAL SERVICES INC of McLean, Virginia.

According to FINRA’s BrokerCheck, available to the public on FINRA’s website, WILLIAM J CARLTON has 42 years of experience in the securities industry and has been listed with 7 firms. Carlton has 12 disclosures on his FINRA CRD report. Of the 12 disclosures on Carlton’s CRD report, 9 are “Customer Disputes,” 8 have settled and 1 is pending. The significance of Carlton’s 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, WILLIAM J CARLTON’s customer complaints rank him in the top one-hundredth percent of all registered representatives for customer complaints. 

Some examples of the disclosures in Carlton’s CRD report are as follows:

The settled dispute filed against WILLIAM J CARLTON dated 6/28/2024 settled for $650,000.00.  The allegations were, “Client alleges the recommendation of unsuitable ETFs from 4/03/2023 to 1/24/2024.” Carlton denies the allegations.

On 12/14/2023 there is an “Employment Separation after Allegations” discharging WILLIAM J CARLTON from UBS FINANCIAL SERVICES INC with allegations of, “Employee was discharged for loss of confidence after he violated firm policy by soliciting leveraged ETFs and mismarking trades as unsolicited.”  Carlton denies any wrongdoing.

Another “Customer Dispute” dated 2/23/2017 filed against WILLIAM J CARLTON settled for $657,998.24.  The allegations were, “Time Frame: January 4, 2016 to February 23, 2017 What were the allegations against the individual?  The client alleges they had issues regarding the number of trades and the overall commissions regarding the trading strategy they were employing with their FA.”

To discuss this article or any other securities issues, contact Soreide Law Group and speak to an experienced securities lawyer at no cost at:  888-760-6552.

Soreide Law Group represents our clients nationwide before FINRA on a contingency fee basis.