Erez Law is currently investigating First Kentucky Securities Corporation financial advisor William Fenwick Jr. (CRD# 1547907) regarding unsuitable activities. Fenwick has been registered with First Kentucky Securities Corporation in Louisville, Kentucky since 2005.
Fenwick has been the subject of three customer complaints between 2006 and 2017, according to his CRD report:
- May 2017. “Client is alleging unsuitable activities.” The customer is seeking $20,351,400 in damages and the case is currently pending.
- January 2017. “Unsuitable high risk investments alleged by customer from 2015-2016.”
The customer is seeking $500,000 in damages and the case is currently pending.
- April 2006. “Client alleged (SP) unsuitable investments after investments lost market value.” The customer sought $140,000 in damages and the case settled for $25,000.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, First Kentucky Securities Corporation may be liable for investment or other losses suffered by Fenwick’s customers.
Erez Law represents investors in the United States for claims against First Kentucky Securities Corporation financial advisor William Fenwick Jr. regarding unsuitable activities. If you were a client of First Kentucky Securities Corporation or another firm, and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.