Elise Joy Williams, a former representative with Farmers Financial Solutions, LLC, was barred from association with any FINRA-registered firm in all capacities after the Department of Enforcement found that Elise Joy Williams, in violation of FINRA Rule 2010, issued roughly 100 fabricated homeowner’s policies and collected nearly $67,000 in commission payments as a result. Letter of Acceptance, Waiver and Consent No. 2015044319001 (Aug. 6th, 2015).
According to the AWC
According to the Acceptance, Waiver and Consent (“AWC”), beginning around 2013, at a time when Williams was a registered representative for Farmers Financial, she caused her firm to issue fake insurance policies to her firm’s existing and prospective customers, herself included. The AWC indicates that Farmers Insurance, whom Williams was an agent for, was able to recover roughly $41,341 of the $67,000 in ballpark commissions generated.
Public Disclosure Records on Elise Joy Williams
Public disclosure records reveal that Elise Joy Williams was registered with Farmers Financial Solutions, LLC from March of 2010 to February of 2014. Her employer discharged her on February 2, 2015, as a result of conduct regarding the homeowner’s policies. Williams was barred by FINRA on August 6, 2015.
Guiliano Law Group
Investors suffering losses or damages caused by Elise Joy Williams in connection with this aforementioned conduct may be able to recover their investment losses. Our practice is limited to the representation of investors in claims, for fraud in connection with the sale of securities, the sale or recommendation of excessively risky or unsuitable securities, breach of fiduciary duty, and the failure to supervise. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you, and there is never any charge for a consultation or an evaluation of your claim. For more information contact us at (877) SEC-ATTY.