The securities fraud attorneys at Meyer Wilson are currently investigating
claims against former broker Jonathan S. Williams (CRD# 4069029).
The Financial Industry Regulatory Authority (FINRA) has permanently barred
former NYLife Securities LLC broker Jonathan S. Williams (CRD# 4069029)
“from acting as a broker and investment adviser, or otherwise associating
with firms that sell securities or provide investment advice to the public.”
On April 24, 2015, NYLife Securities reported that Williams’ employment
with the firm was terminated in a Uniform Termination Notice for Securities
Industry Registration (Form U5) for providing bank records that were determined
to not be genuine due to numerous errors and multiple misspellings to
NYLife Securities, among other things.
During the FINRA investigation into the allegations contained in the Form
U5, FINRA requested Williams to appear and provide testimony under oath
on July 9, 2015. Williams’ attorney, through a phone call with FINRA
staff on July 2, 2015 informed FINRA that he would not cooperate with
their investigation by appearing to give testimony on July 9.
By refusing to appear to give testimony under oath as requested, Williams
violated FINRA rules 8210 and 2010. Without admitting or denying the findings,
he signed a Letter of Acceptance, Waiver and Consent consenting to FINRA’s
sanctions on July 10, 2016.
Williams has four pending customer complaints that allege misrepresentations
of the financial value of accounts, misappropriating funds, and unsuitable
sales. The disclosed damages requested total more than $1.1 million.
Williams was registered with NYLife Securities based out of Timonium, MD
from February of 2016 to April of 2015. He was previously registered with:
- Ameriprise Financial Services, Inc. based out of Minneapolis, MN
- Ids Life Insurance Company based out of Minneapolis, MN
Contact the securities fraud attorneys at Meyer Wilson today for a free
case consultation if you lost money investing with former NYLife Securities
broker Jonathan Williams. All of our cases are handled on a contingency
fee bases, so you won’t owe us any fees unless we help you recover