DID BILLY WAYNE MARTIN CAUSE YOU INVESTMENT LOSSES?
Billy Wayne Martin formerly with Cetera Advisors LLC Has 2 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years
Who is Billy W. Martin formerly with Cetera Advisors LLC?
Billy Martin (CRD #2021424) who was formerly registered with Cetera Advisors LLC and located in Cape Girardeau, Missouri is a subject of one of our many securities industry sales practice abuse investigations. Prior to Cetera Advisors LLC, Billy Martin was associated with 6 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Cetera Advisors LLC Broker Misconduct
In his career, Billy Martin has been the subject of 2 customer complaints that we know about, one of those complaints were filed in the last year to recover investment losses. One of Billy Martin’s customer’s complaints was settled in favor of investors. There is currently one pending customer complaint filed against Billy Martin’s former employer Cetera Advisors LLC for investment losses caused by his alleged misconduct.
Allegations Against Billy Martin
A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:
- Claimant alleged that Billy Martin made unsuitable investment recommendations to invest in direct investments.
- Customers alleged that Billy Martin made unsuitable investment recommendations to cause them to invest in a direct investment involving real estate.
Billy Martin Red Flags & Your Rights As An Investor
Of course, Billy Martin did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Billy Martin at Cetera Advisors LLC on alert to review carefully the activity and performance of their accounts and question whether Billy Martin has engaged in any stockbroker misconduct that may have caused them investment losses. There have been a large number of customer complaints at Cetera Advisors LLC which also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim To Recover Your Investment Losses At Cetera Advisors LLC
If you have questions about Cetera Advisors LLC and/or Billy Martin and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.