Switch to ADA Accessible Theme
Close Menu
Free Consultation: 888-976-6111

William Thon: Complaints Against Guaynabo Financial Advisor

Settled and pending investor complaints against former Guaynabo, Puerto Rico broker and investment advisor William Thon (CRD#: 1485103) allege conduct including suitability violations, misrepresentations, over-concentration, and more. Thon is a former representative of Merrill Lynch, according to information drawn from Financial Industry Regulatory Authority records.

A pending 2019 complaint alleges that as a representative of Merrill Lynch, William Thon recommended unsuitable investments. The complaint alleges damages of $300,000.

A pending 2019 complaint alleges that as a representative of Merrill Lynch, William Thon misrepresented and recommended unsuitable mutual fund investments. The complaint alleges damages of $2,000,000.

A 2017 complaint alleged that as a representative of Merrill Lynch, William Thon recommended unsuitable investments, misrepresented material facts, and omitted material facts. The complaint reached a settlement in 2019 of $140,000.

A pending 2017 complaint alleges that as a representative of Merrill Lynch, he misrepresented and omitted material facts regarding unsuitable investment recommendations. The complaint alleges damages of $857,580.

A 2016 complaint alleged that as a representative of Merrill Lynch, he misrepresented and omitted material facts regarding unsuitable recommendations to invest in closed-end funds. The complaint reached a settlement of $65,000.

A 2016 complaint alleged that as a representative of Merrill Lynch, he misrepresented and omitted material facts related to unsuitable investment closed-end fund recommendations. The complaint reached a settlement of $565,000.

A 2015 complaint alleged that as a representative of Merrill Lynch and UBS Financial Services, he recommended unsuitable municipal bonds and closed-end funds. The complaint reached a settlement of $470,000.

A 2014 complaint alleged that as a representative of Merrill Lynch, he made unsuitable recommendations, misrepresented material facts, and over-concentrated investments in the account. The complaint reached a settlement of $60,000.

William Thon is currently not registered as a broker or investment advisor. His employment history includes Merrill Lynch in Guaynabo, Puerto Rico; UBS Financial Services of Puerto Rico in San Juan, Puerto Rico; UBS Financial Services in San Juan, Puerto Rico; Painewebber; and Kidder Peabody & Company. He currently holds zero state licenses and has passed four securities industry qualification examinations.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • FINRA Suspends Ex-Merrill Lynch Rep Scott Matthews: UIT Rollovers

    Ex-Merrill Lynch stockbroker Scott Matthews (CRD# 1314735) was recently sanctioned by the Financial Industry Regulatory Authority. The former Merrill Lynch...

    Read More
  • Kelly Feehrer: Ex-Merrill Lynch Rep Suspended over UIT Rollovers

    Kelly Feehrer (CRD# 1470328), previously a stockbroker in Benton, Tennessee, was recently sanctioned by FINRA after findings he engaged in...

    Read More
  • Kevin McCallum: Birmingham LPL Rep Suspended over BDCs

    Former Birmingham stockbroker Kevin McCallum (CRD# 2222586) was recently sanctioned by the Financial Industry Regulatory Authority. A former representative of...

    Read More
  • NYC Rep Christopher Orlando Barred over Excessive Trading Allegations

    Christopher Orlando (CRD# 4136262), previously a stockbroker based in New York City, has been sanctioned by the Financial Industry Regulatory...

    Read More
  • Previous
  • Next