| Read Time: 2 minutes | Crown Capital Complaints |


William Tufts Of Crown Capital Securities, L.P. Has 2 Customer Complaints For Alleged Broker Misconduct

Who is William Tufts of Crown Capital Securities, L.P.?

William Tufts (CRD #2053884) who is currently registered with Crown Capital Securities, L.P. and located in Wilsonville, Oregon is a subject of one of our many securities industry sales practice abuse investigations.

William Tufts Customer Complaints

William Tufts has been the subject of 2 customer complaints that we know about. One of William Tufts’ customers’ complaints was denied and, to date, the customer has not taken any further action. There is currently one pending customer complaint filed against Crown Capital Securities, L.P. for investment losses caused by William Tufts’ alleged misconduct.

Allegations Against William Tufts

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

  • Client alleged proper due diligence was not performed by William Tufts relating to the purchase of an ICON equipment leasing program.
  • The customer alleged that William Tufts was not authorized to surrender a Variable Annuity contract held in an IRA account, which resulted in a surrender fee, loss of a guaranteed lifetime income rider and loss of a guaranteed death benefit. The customer further alleged unauthorized use of margin and unauthorized/unsuitable transactions in Unit Investment Trusts.

William Tufts Red Flags & Your Rights As An Investor

Of course, William Tufts 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 Tufts at Crown Capital Securities, L.P. on alert to review carefully the activity and performance of their accounts and question whether William Tufts has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Crown Capital Securities, L.P. also raises questions about the brokerage firms’ 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 Crown Capital Securities, L.P. Due To William Tufts

If you have questions about Crown Capital Securities, L.P. and/or William Tufts 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.

Author Photo

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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars