Presidential Brokerage, Inc. Financial Advisor Gregory Williams Investment Losses
Posted on Thursday, December 13th, 2018 at 9:25 am
Were you the victim of Presidential Brokerage, Inc. financial advisor Gregory Williams (CRD# 1561089)? Williams has been registered with Presidential Brokerage, Inc. in Greenwood Village, Colorado since 2011.
Williams has been the subject of four customer complaints between 2009 and 2018, one of which was denied, according to his CRD report. Recent complaints are regarding:
June 2018. “Allegations include unsuitability, misrepresentation.” The customer is seeking $151,337 in damages and the case is currently pending. The case is regarding Debt-Corporate mutual funds and non-traded BDCs.
June 2018. “Allegations include unauthorized transfer, unsuitability, misrepresentations and omissions, failure to supervise, fraud, breach of fiduciary duty from May 2012 through March 2018.” The customer is seeking $1.2 million in damages and the case is currently pending. The case is regarding Debt-Corporate Equity-OTC, mutual funds, Unit Investment Trusts and non-traded BDCs.
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, Presidential Brokerage, Inc. may be liable for investment or other losses suffered by Williams’ 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.