Did You Lose Money Because of William Randall of Cambridge Investment Research (previously with LPL Financial)?
Filed: October 24, 2023
William Perry Randall currently has been the subject of 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 Perry Randall.
Who Is William Perry Randall of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.?
- Advisor Name: William Perry Randall Mr.
- Aliases: W. Perry Randall, W. Randall, William Randall, Perry Randall
- CRD: 1392233
- Location: Rockford, Illinois
- Current Employer: Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.
- Previous Firms: LPL Financial LLC and Wachovia Securities, LLC
- Number of Known Customer Complaints: 2
- Can William Randall Be Sued: Yes, in Private Arbitration
- Can William Randall’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $50,000
- Highest Settlement: $10,000
If you have suffered investment losses by William Randall, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud 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 Randall For Broker Misconduct
As of this publication date, William Randall has been the subject of 2 customer disputes. Let’s review them below.
In June 2020, a FINRA arbitration was filed against or in reference to William Randall by multiple customers of LPL Financial LLC alleging that Mr. Randall encouraged them to invest in two unsuitable investments, which caused them to sustain damages under theories of breach of fiduciary duty and breach of contract. Per the customers, they lost over $40,000 due to Mr. Randall’s actions. On March 10, 2021, Mr. Randall settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Randall’s employer and/or insurance carrier.
In October 2001, a NASD-DR Case was filed against or in reference to William Randall by multiple customers of First Union Securities, Inc. alleging that Mr. Randall made unsuitable investments in their accounts and that the firm failed to adequately supervise the financial advisor. Per the customers, they lost over $50,000 due to Mr. Randall’s actions. On October 22, 2002, Mr. Randall settled the claim for $3,000, and some or all of this amount may have been paid by Mr. Randall’s employer and/or insurance carrier.
How To File A Claim Against William Randall of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc. (previously with LPL Financial LLC and Wachovia Securities, LLC) To Get Your Money Back.
If you have questions about William Randall, Cambridge Investment Research, Inc., Cambridge Investment Research Advisors, Inc., LPL Financial LLC, Wachovia Securities, LLC, 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.
