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Broker William Gammon: Complaints Stemming from REITs

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The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Maryland-based Ameriprise broker/adviser William Gammon (CRD# 1811853).

William Gammon has spent 25 years in the securities industry and has been registered with Ameriprise Financial Services in Timonium, Maryland since 2010. Previous registrations include Centaurus Financial in Towson, Maryland (2007-2010); Questar Capital in Towson, Maryland (2006-2007); USAllianz Securities in Towson, Maryland (2001-2006); New England Securities in New York, New York (1997-2001); Prudential Securities Incorporated in New York, New York (1990-1995); and Shearson Lehman Hutton in New York, New York (1988-1990). He is a registered broker and investment adviser in 18 US states.

According to his BrokerCheck report, William Gammon is the subject of 14 customer complaints and four pending customer complaints.

  • In 2015 a customer alleged William Gammon, while employed at Questar Capital and Centaurus Financial, breached his fiduciary duty, committed fraud, acted negligently, and failed to supervise his representatives in connection to the sale of various real estate investment trusts (REITs). The complaint settled for $8,375.
  • In 2015 a customer alleged William Gammon, while employed at Questar Capital and Centaurus Financial, breached his fiduciary duty, failed to supervise his representatives, committed common law fraud, and acted negligently. The complaint settled for $7,500.
  • In 2015 a customer alleged William Gammon, while employed at Centaurus Financial, committed fraud, acted negligently, misrepresented material facts, and violated the Maryland Securities Act. The customer is seeking $200,000 in damages in the pending complaint.
  • In 2013 a customer alleged William Gammon, while employed at Centaurus Financial, violated federal securities law, violated the Maryland Securities Act, breached contact, breached his fiduciary duty, and acted negligently. The complaint settled in 2015 for $22,000.
  • In 2013 a customer alleged William Gammon, while employed at Questar Capital, Centaurus Financial, Ameriprise, and USAllianz, negligently misrepresented material facts, breached his fiduciary duty, and breached contract. The complaint settled in 2015 for $340,000.
  • In 2012 a customer alleged William Gammon, while employed at Centaurus Financial, misrepresented material facts related to an investment, recommended an unsuitable investment, breached his fiduciary duty, breached contract, acted negligently, and committed fraud. The complaint settled in 2013 for $45,000.
  • In 2012 a customer alleged William Gammon, while employed at Centaurus Financial, violated federal securities law and the Maryland Securities Act, breached contract, committed common law fraud, and breached his fiduciary duty. The complaint settled in 2013 for $73,000.

If you have suffered losses as a result of investments made with William Gammon, you may be able 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 receive payment if and when you recover money. You may have a limited window to file your claim, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.