UPDATE SEPTEMBER 2016– Former NEXT Financial Group stockbroker, Tye Williams barred from the securities industry for failing to cooperate with regulatory investigation alleging theft of $1M. See this for more details.
Original post— April 1, 2016- Frisco, Texas
FINRA records report that NEXT Financial Group stockbroker Tye Williams , of Frisco, TX, has been named in Case 2015-41457, pending in Harris County, Texas.
According to the FINRA report, “the customers allege that during the period from mid 2004-2015 registered representative mismanaged their finances by exceeding the scope of his authority and recommended unsuitable investments like “Smashburger.” Damages are alleged to be in excess of $1,000,000.
Williams has been employed by NEXT Financial since 11/2008.
If you have losses in an account handled by Tye Williams, contact us to learn how you may be able to recover damages from his employer.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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