May 2017-Tampa, FL
The FINRA records of William D. Byrd , a stockbroker who is currently registered with Capital Financial Services disclose a pending customer dispute and 3 prior final customer disputes.
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 currently pending FINRA arbitration 17-0149 a customer of Capital Financial Services is seeking damages of $100,000 and alleges unsuitable investments ignoring changing circumstances and misrepresentations.
In one of the prior matters, FINRA Case 15-0961 , a customer of Transamerica Financial Advisors alleged damages of $86,400 for unsuitable recommendations. That case settled in 8/2016 for $83,500.
Byrd has been registered with Capital Financial Services since 9/2016. He was previously with Invest Financial and Transamerica FInancial.
If you have losses in an account in an account handled by William D. Byrd , you may be able to recover damages through FINRA arbitration.
Alternative investments include non publicly traded real estate investment trusts (REITS) , hedge funds, real estate, commodities and derivatives contracts and, managed futures. These investments tend to be complex, illiquid, nontransparent, hard to value and expensive. Many of the alternative investments sold over recent years are not traded on any public market making them difficult to value and even more difficult to liquidate if cash is needed.
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.
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