Last Updated: October 2023 (Dallas and Tyler, Texas)
William Dendy Investigation Summary
Here’s what you need to know about Dallas and Tyler, TX, stockbroker William Dendy:
- Name: Mr. William Edward Dendy
- Current Employer: Raymond James & Assoc. , Raymond James Financial Services Advisor (RIA)
- Previous Firms: LPL Financial, Prospera Financial Services
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: William Dendy
- Primary Location: Dallas and Tyler, Texas
- CRD 2171388
- Can William Dendy be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement : $2,500
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With William Dendy As Your Stockbroker?
In 2/2022 a customer of LPL Financial was paid $2,500 to settle a FINRA arbitration alleging that illiquid investments, including closed end funds and a BDC, recommended by William Dendy did not meet the customer’s needs.
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Allegations of Broker Misconduct Against William Dendy
Customers of William Dendy have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in illiquid investments
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 Dendy, 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.
