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VFinance Broker Douglas Williams Faces Complaint

Douglas WilliamsTexas-based VFinance Investments broker Douglas Williams is the subject of a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Williams (CRD# 1401005).

Douglas Williams has spent thirty years in the securities industry and has been registered with VFinance Investments in the Woodlands, Texas since 2002. Previous registrations include VFinance Investments in Boca Raton, Florida (2001-2002); TDI Incorporated in Englewood, Colorado (1998-2001); Amherst Securities Group in Austin, Texas (1996-1997); Lehwald O’Rosey & Pepe Capital Markets in Boca Raton, Florida (1995-1996); Lehwald O’Rosey & Pepe Incorporated in Boca Raton, Florida (1994-1996); Meridian Securities Incorporated (1994); Marcus Stowell & Beye Government Securities in Fort Lauderdale, Florida (1987-1994); and Marcus Stowell & Beye Incorporated in Fort Lauderdale, Florida (1985-1994). He is a registered broker with ten US states and territories: Alabama, California, Florida, Nevada, New York, Ohio, Puerto Rico, Texas, Wisconsin, and Wyoming.

According to his BrokerCheck report, Douglas Williams is the subject of one pending customer complaint.

In 2014 a customer alleged Douglas Williams, while employed at VFinance Investments, made an unsuitable investment recommendation and provided poor advice. The customer is seeking $2,500,000 in damages in the pending complaint.

If you or someone you know has lost money investing with Douglas Williams, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we encourage  you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.

This information made public by FINRA on March 17, 2016.