Category Archives: Williams Financial Group

James K. Pheney-WFG Investments, Inc. Broker-Discloses Pending Customer Dispute-Castle Rock, CO.

July  2017- Castle Rock, CO

According to publicly available records James K. Pheney  (CRD#1272932) ,  a  stockbroker who currently is employed by WFG (Williams Financial Group) Investments, Inc.  disclose a pending customer dispute.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In December of 2016, a WFG Investments, Inc.  customer filed a complaint seeking damages of $240,000 alleging misrepresentation in connection with the purchase of a municipal bond. That matter is currently pending.

Pheney has been with  WFG Investments since January of 2005.

If you have questions about an account handled by James Kevin Pheney, contact us to discuss your options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Larry M. Crabtree-Former WFG Broker Sanctioned by Securities Regulators- Dallas, TX

December 30 , 2015-Dallas, Texas

Larry Michael Crabtree entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that while associated with WFG Investments as a registered representative, he engaged in unsuitable trading in the IRA account of a customer and improperly exercised discretion in that account without written authorization to do so.

In addition, FINRA alleged that Crabtree sent inappropriate and unapproved communications to two customers. This conduct, as well as Crabtree’s failure to accurately record his customer’s financial information on a new account form, caused WFG Investments to maintain inaccurate books and records in contravention of Section 17(a) ofthe Securities Exchange Act of 1934.

AWC No.  2013038710501

Crabtree was suspended for six months from association with any FINRA member firm.

FINRA records indicate that Crabtree was registered with WFG Investments (Williams Financial Group)  in Edmond, OK, from 7/2008-2/2014. He has been registered with Wilbanks Securities since 3/2014.

WFG Investments, a subsidiary of Williams Finanical Group is headquartered in Dallas, Texas

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870