Advisor Alert: Our Attorneys Are Investigating William Edward Knudsen For Investment Fraud
Did You Lose Money Because of William Knudsen?
Filed: November 15, 2023
William Knudsen has been the subject of one (1) termination event and two (2) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on William Edward Knudsen.
Who Is William Edward Knudsen of LPL Financial LLC?
- Advisor Name: William Edward Knudsen
- Aliases: William Knudsen
- CRD: 3029924
- Location: Southfield, Michigan
- Current Employer: LPL Financial LLC
- Previous Firms: The Huntington Investment Company and Chase Investment Services Corp.
- Number of Known Customer Complaints: 2
- Number of Known Termination Events: 1
- Can William Knudsen Be Sued: Yes, in Private Arbitration
- Can William Knudsen’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $100,000
- Highest Settlement: $24,500
If you have suffered investment losses by William Knudsen, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a churning lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against William Knudsen For Broker Misconduct
As of this publication date, William Knudsen has been the subject of 1 termination event and 2 customer disputes. Let’s review them below.
In July 2021, a FINRA arbitration was filed against or in reference to William Knudsen by a customer of LPL Financial LLC alleging unsuitable recommendation of municipal bond. Per the customer, he/she lost over $100,000 because of Mr. Knudsen’s actions. On September 8, 2022, Mr. Knudsen settled the claim for $24,500, and some or all of this amount may have been paid by Mr. Knudsen’s employer and/or insurance carrier.
In September 2008, a complaint was filed against or in reference to William Knudsen by a customer of Fifth Third Securities, Inc. alleging misrepresentation on sale of variable annuity in 2006 per report from Fifth Third Securities. Per the customer, he/she lost over $19,902.43 because of Mr. Knudsen’s actions.
In November 2007, Fifth Third Securities terminated William Knudsen for failure to promptly transmit customer orders/funds.
How To File A Claim Against William Knudsen of LPL Financial LLC (previously with The Huntington Investment Company and Chase Investment Services Corp.) To Get Your Money Back.
If you have questions about William Knudsen, LPL Financial LLC, The Huntington Investment Company, Chase Investment Services Corp., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.