William Notrica Connected To RBC Capital Markets Investor’s Unsuitable Advice Complaint

Investors potentially incurred losses because of securities broker William Lee Notrica [CRD: 817537, Laguna Niguel, California], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. William Notrica worked for RBC Capital Markets LLC from February 25, 2004, to February 18, 2022, and has been registered with Aegis Capital Corp. since February 24, 2022. Investors can see below to learn more about disclosures involving this securities broker.

RBC Capital Markets Investor Accused Notrica Of Unsuitable Advice And Excessive Commissions

Specifically, an RBC Capital Markets LLC client filed FINRA Arbitration No. 23-00250 about William Notrica. Primarily, the client alleged that Notrica made unsuitable recommendations and charged excessive commissions. Because of this, the client allegedly experienced damages related to over-the-counter equities and unit investment trusts. Therefore, on February 13, 2024, RBC Capital Markets LLC settled this matter by paying the client $130,000 in damages.

William Notrica Discharged For Alleged Discretionary Trading Policy Violations

Particularly, RBC Capital Markets LLC disaffiliated with Notrica on January 20, 2022. Allegedly, Notrica violated the firm’s time and price discretion policy and order execution policy involving stocks.

Notrica Disclosed Unauthorized Trading Allegations By RBC Dain Rauscher Inc. Client

Notably, a client of RBC Dain Rauscher Inc. contested Notrica’s sales practices, according to a complaint dated July 9, 2007. Allegedly, Notrica engaged in unauthorized trading, including the unauthorized use of margin and an unauthorized purchase. It appears that Notrica allegedly caused the client to experience damages relating to over-the-counter equities. As a result, the client sought compensation from RBC Dain Rauscher Inc. or Notrica in this matter. However, the firm denied this complaint.

Have You Made Investments Through Financial Advisor / Securities Broker William Notrica?

Are you concerned regarding investments you made through William Notrica? Contact Soreide Law Group at (888) 760-6552 or online and talk to a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Notrica and the brokerage firms Notrica worked for deny accusations of sales practice violations.