Last Updated: November 2023 (Peoria, IL)
Carl Williams Investigation Summary
Here’s what you need to know about Peoria, IL, stockbroker Carl Williams:
- Name: Mr. Carl Michael Williams, Jr.
- Current Employer: LPL Financial
- Previous Firms: Chapin, Davis, Chapin Davis Asset Management (RIA), Williams Investment Network (RIA)
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Carl Williams
- Primary Location: Peoria, IL
- CRD 1721736
- Can Carl Williams be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of $500,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Carl Williams As Your Stockbroker?
In 3/2023 a customer of LPL Financial filed a FINRA arbitration alleging that Carl Williams recommended an investment strategy that was not suitable for their investment objectives and risk tolerance. Damages of $500,000 are sought in this currently pending matter.
Allegations of Broker Misconduct Against Carl Williams
A customer of Carl Williams has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to implement strategy that is inconsistent with their risk tolerance and investment objectives.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
Our investigations of other LPL Financial brokers.
If you have suffered investment losses in an account handled by Carl Williams, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
