Last Updated: October 2023 (Syosett, NY)
William Brown Investigation Summary
Here’s what you need to know about Syosett, NY, stockbroker William R. Brown:
- Name: Mr. William Robert Brown
- Current Employer: Richard James & Associates
- Previous Firms: Newbridge Securities, Legend Securities, Tryco Securities, Brookville Capital Partners
- Function: Stock Broker/ Financial Advisor
- Aliases: William Brown
- Primary Location: Syosett, NY
- CRD 5774557
- Can William Brown be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Highest Settlement : $150,000
- Three Pending Customer Disputes Seek Damages of more than $150,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With William Brown As Your Stockbroker?
IN 2014 a customer of Brookville Capital Partners was paid $150,000 to sellte a claim that William Brown charged excessive commissions.
There are three currently pending cases brought by customers of Richard James & Assoc. They all allege excessive trading (churning), unsuitability and seek cumulative damages in excess of $150,000.
Allegations of Broker Misconduct Against William Brown
Customers of William Brown have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Excessive trading to increase commissions
- Unauthorized trading
- Breach of fiduciary duty
- Misrepresentations
- Breach of implied covenant of good faith and fair dealing
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
If you have suffered investment losses in an account handled by William Brown, contact us for a complimentary consultation with an experience 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.
