William Morrison Tied To National Securities Corporation Client’s Unsuitable Advice Complaint

Investors potentially experienced sales practice violations by securities broker William David Morrison (also known as Bill Morrison) [CRD: 1556786, Oakbrook Terrace, Illinois], according to public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Morrison has worked for B. Riley Wealth Management since July 22, 2022, and B. Riley Wealth Advisors Inc. since July 2, 2019; he previously worked for National Securities Corporation from July 31, 2015, to July 22, 2022. Keep reading for details about Morrison’s disclosures.

National Securities Corporation Investor Accused Bill Morrison Of Unsuitable Recommendations And Margin Misuse

Evidently, on January 31, 2025, a National Securities Corporation client filed FINRA Arbitration No. 25-00213 about William Morrison. Mainly, the client alleged that Morrison made unsuitable recommendations and inappropriately used margin. The claim also alleged overconcentration in the technology sector. For this reason, the client allegedly sustained damages linked to stocks. Therefore, the client requested $100,000 in compensation from National Securities Corporation or Morrison. It appears that this arbitration is pending a resolution.

William Morrison Disclosed Failure To Follow Instructions Allegations By Gruntal Co. LLC Client

Also, a client of Gruntal Co. LLC disputed William Morrison’s sales practices, based on a complaint dated March 11, 2003. Allegedly, Morrison failed to follow instructions. It appears that Morrison allegedly caused the investor to sustain damages on over-the-counter equities. Consequently, the client sought compensation from Gruntal Co. LLC or Morrison in the amount of at least $5,000 in this matter. However, the firm denied this complaint.

Were You Impacted By Financial Advisor / Securities Broker Bill Morrison?

Do you need clarification on any investment losses relating to William Morrison? You can contact Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Morrison and brokerage firms Morrison worked for deny allegations of sales practice violations.