Advisor Alert: Our Attorneys Are Investigating William Earl Penland, Jr. For Investment Fraud
Did You Lose Money Because of William Penland, Jr.?
Filed: January 24, 2024
William Penland has been the subject of one (1) criminal 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 Earl Penland, Jr..
Who Is William Earl Penland, Jr. of Ameriprise Financial Services, LLC?
- Advisor Name: William Earl Penland, Jr.
- Aliases: William E Penland
- CRD: 3029474
- Location: Weston, Florida
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: IDS Life Insurance Company
- Number of Known Customer Complaints: 2
- Number of Known Criminal Events: 1
- Can William Penland, Jr. Be Sued: Yes, in Private Arbitration
- Can William Penland, Jr.’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $300,000
- Highest Settlement: Unknown
If you have suffered investment losses by William Penland, Jr., we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise 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 Penland, Jr. For Broker Misconduct
As of this publication date, William Penland, Jr. has been the subject of 1 criminal event and 2 customer disputes. Let’s review them below.
In August 2020, a complaint was filed against or in reference to William Penland, Jr. by a customer of Ameriprise Financial Services, LLC alleging that the client’s investment portfolio was unsuitable. Per the customer, she lost over $100,000 because of Mr. Penland’s actions.
In June 2020, a complaint was filed against or in reference to William Penland, Jr. by a customer of Ameriprise Financial Services, LLC alleging that Mr. Penland failed to recommend an investment strategy to lower the risk of her investment portfolio in February 2020. Per the customer, she lost over $300,000 because of Mr. Penland’s actions.
In October 1992, felony charges were pressed against Mr. Penland in Circuit Court of The Eighteenth Judicial Circuit in and for Seminole County, FL, Sanford. Mr. Penland received 1 felony count of grand theft.
How To File A Claim Against William Penland, Jr. of Ameriprise Financial Services, LLC (previously with IDS Life Insurance Company) To Get Your Money Back
If you have questions about William Penland, Jr., Ameriprise Financial Services, LLC, IDS Life Insurance Company, 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.