Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Hayden (Hayden), previously associated with Texas Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hayden recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $265,000.00 on August 21, 2023.
[REDACTED] claimed the joint venture agreement was not signed by a qualified individual and not valid. The firm disputes that the agreement was not signed by the appropriate parties. She also claimed the investment was not in her best interest and that manipulative methods were used to induce the purchase of the joint venture interest. She demanded a refund of the investment in the joint venture. Based on claimant’s representations to the firm, the firms does not believe that she was lied to and believes that the recommendation complied with Regulation BI.