Last Updated: April 2025 | Southlake, TX
Here’s what you need to know about Southlake, TX, stockbroker William Lovelady:
- Name: Mr. William Drake Lovelady
- Current Employer: J.P. Morgan Securities LLC
- Prior Employers: Wells Fargo Clearing Services, Wells Fargo Advisors
- Function: Stockbroker / Registered Investment Advisor
- Aliases: William D. Lovelady
- Primary Location: Southlake, TX
- CRD: 7612058
- Can William Lovelady be sued in FINRA arbitration: Yes
- Sanctioned by Securities Regulators: Yes
If you’ve sustained damages from Mr. Lovelady, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With William Lovelady As Your Stockbroker?
William Lovelady, now registered with J.P. Morgan Securities in Southlake, TX, was sanctioned on March 27, 2025, by the Texas State Securities Board under case number REG-25-CAF-02. The regulatory action stems from his failure to report a criminal misdemeanor charge within the required 30-day timeframe while he was employed at Wells Fargo Clearing Services, LLC.
This violation triggered enforcement under Sections 115.9(a)(6) and 116.9(a)(6) of Texas administrative rules and led to an official reprimand along with a $5,000 fine.
Allegations of Broker Misconduct Against William Lovelady
William Lovelady has been involved in the following regulatory matters:
Regulatory Sanction (March 2025)
While the criminal matter did not result in a conviction (Lovelady completed a pre-trial intervention program and case was dismissed), the failure to report it in a timely manner led to regulatory discipline.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by William Lovelady, 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.