Douglas Jay Williams, of The Woodlands, Texas, a stockbroker currently registered with VFinance Investments, was subject to a customer initiated investment related arbitration claim filed on May 23, 2014, alleging that Williams effected unsuitable investments in the customer’s account, and made poor investment recommendations which caused the customer to bear losses.
According to Williams, the Claimant, provided notice to FINRA that the Complaint was dismissed with prejudice, and Williams denies any and all allegations of wrongdoing and impropriety, or unsuitability, without limitation.
Williams and or his employer paid the Claimant $420,000.
But the payment of almost a half a million dollars was for fun, or more likely for charity, because it was paid, without any admission or concession of any fault, liability, or damage whatsoever on the part of any of the parties, and which liability the Broker expressly denies.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
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