Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Johnson (Johnson), previously associated with Cadaret, Grant & Co., INC., has at least 6 disclosable events. These events include 6 customer complaints, alleging that Johnson 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 $489,898.00 on April 03, 2023.
Claimant alleges that representative recommended alternative investments that were risky, unsuitable, and illiquid. Claimant further alleges that representative made materially false and misleading statements related to claimant’s assets.