Category Archives: D.A. Davidson & Co.

Bill Council-Raymond James Broker- Discloses 3 Pending Customer Complaints-San Diego, CA

March 2019 – San Diego, CA

According to publicly available records William  (“Bill”) Michael Council  (CRD#848504) ,  a  stockbroker who is currently registered with Raymond James & Associates, Inc.,  disclose  3 pending customer disputes and 5 currently outstanding judgment/liens.

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 November 2018, a client of D.A. Davidson & Co., Council’s prior employer, filed FINRA case 18-04049 alleging that Council recommended unsuitable securities. The customer is seeking damages of $334,000.

In December of 2018, another D.A. Davidson & Co. customer alleged unsuitable securities recommendations by Council  in FINRA case 19-00010.   The customer is seeking damages of $105,000 .

In November 2018, a third D.A. Davison & Co. customer filed FINRA case 18-04051 alleging Council recommended unsuitable high risk securities and is seeking damages of $50,000.

Council has been employed with Raymond James & Associates since January 2015.   He was employed with D.A. Davidson & Co. from November 2013 until January 2015.   He was with Crowell Weedon, & Co. before that.

If you have questions about an investment account handled by Bill Council, contact us for a no charge consultation to learn about your legal 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

D.A. Davidson Broker Susan Skaar (Tutti Meeks) Sanctioned by Securities Regulators

December 2, 2014- Bozeman, Montana

To resolve allegations that from 2003-2014, she affixed initials of 4 customers to four documents and signed the signatures of two other customers to two documents, Susan Skaar (aka Tutti Meeks, Tutti Skaar ) consented to a 20 day suspension and a fine of $5,000.

By initialing and signing customer initials and names, Skaar violated NASD Conduct Rule 2110 and FINRA Rule 2010.

According to FINRA records, Skaar has been registered with D.A. Davidson & Co. since 1993.

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