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FINRA Sanctioned Broker William Glaser After Failing to Respond Following an Investigation by the FBI

William GlaserPublic records published by the Financial Industry Regulatory Authority (FINRA) and accessed on January 11, 2017 indicate that former Missouri-based National Planning Corporation broker/adviser William Glaser, who has been barred by FINRA from acting as a broker, has received resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Glaser (CRD# 1274847).

William Glaser has spent 32 years in the securities industry and was most recently registered with National Planning Corporation in St. Albans Rd., Missouri (2007-2017). Previous registrations include Investment Planners in Chesterfield, Missouri (2002-2007); Cutter & Company in Ballwin, Missouri (1996-2001); JE Liss & Company in Milwaukee, Wisconsin (1991-1996); Walnut Street Securities in El Segundo, California (1989-1991); Investment Management & Research in St. Petersburg, Florida (1989); Integrated Resources Equity Corporation (1989); Mark Twain Brokerage Services (1987-1988); and ISFA Corporation (1984-1987). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on June 20, 1984, and Series 7 (General Securities Representative Examination), which he obtained on July 21, 1984. He is currently not registered with any state or firm.

According to his BrokerCheck report, William Glaser has received one FINRA sanction, one customer complaint, one pending customer complaint, and has been discharged from a former employer and named in a pending criminal investigation.

In 2017 a customer alleged William Glaser, while employed at National Planning Corporation, breached his fiduciary duty, violated the Missouri Securities Act, made negligent misrepresentations and/or omissions of material facts, committed fraud, breached contract, and was negligent in his supervisory duties in connection to investments in variable annuities, promissory notes, and real estate securities. The customer is seeking unspecified damages in the pending complaint.

In 2017 FINRA sanctioned him following allegations he refused to respond to requests for information and documents in connection to an investigation into his termination from National Planning Corporation following alleged selling away. He was consequently barred from acting as a broker or otherwise associating with firms that sell securities to the public.

In 2017 he was named respondent in an investigation by the US Attorney’s Office and the Federal Bureau of Investigation “related to investments involving Paul Creager and his companies.” The investigation is pending.

In 2017 a customer alleged William Glaser, while employed at National Planning Corporation, breached FINRA rules, violated state securities law, failed to supervise, breached contract, acted negligently, and breached his fiduciary duty. The complaint settled for $390,000.

If you have complaints regarding William Glaser, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.