There are options for customers of Raymond James & Associates, Inc. financial advisor William Council (CRD# 848504) who suffered investment losses. Council has been registered with Raymond James & Associates, Inc. in San Diego, California since 2015.
Council has been the subject of three customer complaints between 2018 and 2019, according to his CRD report:
- February 2019. “The client alleges FA recommended unsuitable securities.” The customer is seeking $334,000 in damages and the case is currently pending. This case is regarding mutual funds.
- December 2018. “Unsuitable Investment Recommendations, Breach of Fiduciary Duty, Negligent Misrepresentation, Negligence, Breach of Contract. INCIDENT DATE(S): 2/26/15 – 10/30/15.” The customer is seeking $105,000 in damages and the case is currently pending. This case is regarding common and preferred stocks.
- December 2018. “Suitability, Breach of the Duty of Fair Dealing, Breach of Duty to Observe High Standards of Commercial Honor, Violation of Florida Securities and Investor Protection Act. INCIDENT DATE(S):2/20/15 – 11/30/18.” The customer is seeking $50,000 in damages and the case is currently pending. This case was regarding oil and gas losses.
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, Raymond James & Associates, Inc. may be liable for investment or other losses suffered by Council’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If 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.