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William George Davis III with Janney Montgomery Scott LLC Has 7 Customer Complaints For Alleged Broker Misconduct

Who is William G. Davis III with Janney Montgomery Scott LLC?

William Davis (CRD #1057933) who is currently registered with Janney Montgomery Scott LLC and located in Palm Beach Gardens, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to Janney Montgomery Scott LLC, William Davis was associated with 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Janney Montgomery Scott LLC Broker Misconduct

In his career, William Davis has been the subject of 7 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. There is currently one pending customer complaint filed against William Davis’ current employer Janney Montgomery Scott LLC for investment losses caused by his alleged misconduct.

Allegations Against William Davis

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:

  • Client alleged that William Davis purchased 2 mutual funds that were unsuitable investments.
  • Client alleged that his financial advisor misrepresented an AXA annuity.
  • Claimant alleged misrepresentation regarding the amount of insurance premiums.
  • Client alleged that William Davis purchase annuities that were not suitable and further, sold under false and misleading pretenses.
  • Client alleged that the stockbroker recommended an asset allocation there was improper.
  • Claimant alleged William Davis made an unsuitable allocation and of assets in high-yield securities.

William Davis Red Flags & Your Rights As An Investor

Of course, William Davis 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 William Davis at Janney Montgomery Scott LLC on alert to review carefully the activity and performance of their accounts and question whether William Davis has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Janney Montgomery Scott LLC 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 Janney Montgomery Scott LLC

If you have questions about Janney Montgomery Scott LLC and/or William Davis 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.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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