Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Williams (Williams), currently associated with World Investments, INC., has at least one disclosable event. These events include one customer complaint, alleging that Williams recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $22,565.00 on November 13, 2023.
The client alleged the advisor distributed an additional $50,000.00 from her Simplified Employee Pension Plan in September 2021 instead of distributing the funds from her 401k plan as requested, due to her intention to utilize the funds as a loan.