February 2019 – Clearwater, FL
According to publicly available records William B. Gordon (CRD# 2127800) , a registered stockbroker currently employed by Capital Financial Services disclose a prior regulatory event, a pending customer dispute and 12 prior 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 2009, an Investors Capital Corporation customer filed FINRA case #09-01323 alleging negligence, breach of fiduciary duty and common law fraud in connection with the purchase of certain investments, including REITs. The customer was awarded damages of $150,970.
Eleven other Investors Capital Corporation customers filed customer complaints against Gordon with allegations ranging from unsuitable investments, breach of contract, breach of fiduciary duty, negligence to fraud. Total settlements paid to the customers was in excess of $1.1 million.
In pending FINRA case 19-0204, a customer of Capital Financial Services, Inc., alleges unsuitability, misrepresentation and omissions and breach of fiduciary duty in connection with REIT and annuity investments. The customer is seeking damages of $200,000.
Gordon was employed by Investors Capital Corp. from 1998 until November of 2010. He has been employed with Capital Financial Services, Inc. since 11/2010.
If you have losses in an account handled by William Gordon, contact us for a no charge consultation to learn how you may be entitled to recover damages through FINRA arbitration.
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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