Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Brownlee (Brownlee), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Brownlee 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 $1,000,000.00 on September 24, 2020.
Claimant alleged the representative misrepresented the financial strength and viability of BLO Beauty Bar, a business the claimant purchased from the representative’s spouse. After purchasing, the claimant became sole owner and manager of the business and was responsible for the business’s success.