Raymond James & Associates, Inc. broker William Seibert (CRD# 2710335) faces a customer complaint regarding unsuitable investment recommendations. He has been registered with Raymond James & Associates, Inc. in Houma, Louisiana and Baton Rouge, Louisiana since 2013.
William Seibert Customer Complaints
He has been the subject of three customer complaints between 2007 and 2021, three of which were closed without action, according to his CRD report:
January 2021. “Claimants allege FA recommended unsuitable investments, primarily in oil and gas securities; several claimants allege FA engaged in reverse churning; and one claimant alleges FA failed to disclose margin use in claimant’s account. Alleged Activity dates: 5/17/01 – present.” The case is currently pending.
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 William Seibert’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you 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.
Did You Lose Money Investing with Robert Vance?
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form below for a free consultation.
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