Bill Webb – William Cambell Webb, Financial Advisor Suspended from Securities Industry

Bill Webb – William Cambell Webb, Financial Advisor Suspended from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses

Bill Webb, William Webb CRD# 1621426

Bill Webb was a previously licensed financial advisor/broker with Raymond James in Panama City, Florida. FINRA reports that Bill Webb was suspended for 18 months in May 2017.   

According to FINRA: Bill Webb consented to the sanctions and to the entry of findings that he engaged in outside business activities involving member firm customers without providing prior written notice to his firm, as required. The findings stated that Bill Webb owned and managed outside business activities involving real estate ventures with firm customers and for which he received compensation. The firm’s written supervisory procedures required that registered representatives receive prior approval from the firm before engaging in any outside business activity. According to FINRA, Bill Webb initially disclosed to his firm one of his outside business activities in October 2009 but failed to disclose his continued involvement in the activity until December 2014. Bill Webb failed to disclose to his firm the other outside business activities. Bill Webb also provided inaccurate annual firm compliance questionnaires regarding his outside business activities between 2012 and 2014. The findings also stated that Bill Webb obtained loans from firm customers totaling $340,000 which were neither disclosed nor approved by the firm. The firm’s written supervisory procedures in effect prohibited loans between firm customers and registered persons. Bill Webb also provided an inaccurate annual firm compliance questionnaire regarding his loans from firm customers in 2014. All loans have been repaid to the customers.

If you lost any money on investments with Bill Webb, you may be able to recover your losses. If you lost money on investments with Bill Webb and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Bill Webb’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Bill Webb and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us. 

Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange, lawyer

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