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Broker Complaints: William Blair & Co. (CRD # 1252)

The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have lost money investing with William Blair & Company, LLC.

William Blair & Co. is a brokerage and investment adviser firm registered in 53 US states and territories. Formed in 1995, William Blair & Co. is the subject of 21 regulatory actions, according to its BrokerCheck report .

In June 2015 the Securities and Exchange Commission (SEC) filed a complaint against William Blair & Co. The complaint alleged violations of federal antifraud laws related to the firm’s underwriting of municipal debt offerings. The SEC alleged William Blair & Co. failed to conduct adequate due diligence in the offerings, a failure that resulted in the firm selling securities on the basis of misleading disclosure documents. William Blair & Co. was issued a fine of $80,000.

In 2013 the Federal Department of Finance of the Swiss Financial Market Supervisory Authority filed a complaint against William Blair & Co. The complaint alleged William Blair & Co. negligently failed to comply with Swiss securities regulations related to the firm’s late filing of shareholder reports. William Blair & Co. was issued a fine of $9,315.

In 2010 William Blair & Co. was sanctioned by FINRA following allegations it violated FINRA rules and federal securities regulation. FINRA alleged William Blair & Co. transmitted reports to the Order Audit Trail System that contained incomplete, incorrect, or improperly formatted data. The firm was censured and ordered to pay a fine of $27,500.

In 2010 FINRA filed a complaint against William Blair & Co. alleging the firm failed to display 27 customer limit orders in NASDAQ securities and transmitted 60 inaccurate, incomplete, or improperly formatted reports to the Order Audit Trail System. FINRA censured the firm and issued a fine of $38,000.

In 2009 a customer alleged William Blair & Co. made unsuitable investment recommendations and engaged in breach of fiduciary duty, negligence, and failure to supervise its representatives. The complaint settled for $1,117,865.

In 1998 a customer alleged William Blair & Co. engaged in negligence with relation to the customer’s common stock investment. The complaint settled in 1999 for $15,000.

If you or someone you know has lost money investing with F-Squared Investments, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli & Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: we only get paid if and when you recover money . Time to file your claim may be limited, so avoid delay. Call 877-238-4175 now to speak to an attorney for free.