Skip to main content

Exit WCAG Theme

Switch to Non-ADA Website

Accessibility Options

Select Text Sizes

Select Text Color

Website Accessibility Information Close Options
Close Menu
Carlson Law, P.A. Motto
  • Free Consultation
  • ~

Stephen Williams: Madison, Alabama Financial Advisor Complaints

Settled and pending complaints against Madison, Alabama broker and investment advisor Stephen Williams (CRD#: 2395948) allege conduct including suitability violations, misrepresentations, and more. Williams is a representative of Next Financial Group, according to information drawn from Financial Industry Regulatory Authority records.

A pending 2018 complaint alleges that as a representative of Next Financial Group, he misrepresented and recommended unsuitable non-traded real estate investment trusts whose risks he failed to properly disclose. The complaint alleges damages of $350,000.

A 2018 complaint alleged that as a representative of Next Financial Group, he recommended investments that have since become worthless or illiquid. The complaint reached a settlement of $24,000.

A 2017 complaint alleged that as a representative of Next Financial Group, he sold unsuitable investments in non-traded real estate investment trusts. The complaint reached a settlement of $3,900.

A 2017 complaint alleged that as a representative of Next Financial Group, he sold unsuitable non-traded real estate investment trusts. The complaint reached a settlement of $37,500.

A 2012 complaint alleged that as a representative of Next Financial Group, he misrepresented an unsuitable investment in Provident Shale Royalties 8. The complaint reached a settlement of $50,000.

A 2004 complaint alleged that as a representative of Edward Jones & Company, he breached his fiduciary duty, recommended unsuitable investments, acted negligently, and committed fraud. The complaint resulted in an award to the customer of $65,000.

Stephen Williams is currently registered with Next Financial Group in Madison, Alabama, where he has been registered since 2007. His employment history includes Raymond James Financial Services in Securities Service Network in Huntsville, Alabama; Raymond James Financial Services in St. Petersburg, Florida; and Edward Jones in St. Louis, Missouri. He currently holds six state licenses and has passed 21 securities industry qualification examinations.

Facebook Twitter LinkedIn

By submitting this form I acknowledge that form submissions via this website do not create an attorney-client relationship, and any information I send is not protected by attorney-client privilege.

Latest Blog Posts

Matt Gates: $500K Complaint Against Fired Joseph Gunnar Advisor

New York City financial advisor Matt Gates (CRD# 4727945) has received investor complaints alleging his recommendations resulted in six-figure damages. Financial Industry Regulatory Authority records show that the VCS Venture...

Read More

David Geake: $965K GWG L Bond Complaint Against Chicago Advisor

Chicago financial advisor David Geake (CRD# 3088891) has received an investor complaint six-figure damages relating to the sale of GWG L bonds. Financial Industry Regulatory Authority records show that Mr....

Read More

Frank Mastrosimone: $100K Complaint Against Basking Ridge Advisor

Pruco Securities financial advisor Frank Mastrosimone (CRD# 322615) has received an investor complaint alleging six-figure damages. Financial Industry Regulatory Authority records show that he is a broker and investment advisor...

Read More

By submitting this form I acknowledge that form submissions via this website do not create an attorney-client relationship, and any information I send is not protected by attorney-client privilege.

Skip footer and go back to main navigation