William Weisbrod –  Permanently Barred by FINRA

William Weisbrod –  Permanently Barred by FINRA

FINRA barred William Weisbrod alleging that he breached fiduciary duties owed to a community bank.

CRD#: 812664

Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.  

WILLIAM HENRY WEISBROD (CRD#: 812664), a formerly registered broker for PURSHE KAPLAN STERLING INVESTMENTS, in Fairfield, NJ, is barred from the securities industry. Weisbrod consented to the sanctions and to the entry of findings that he breached fiduciary duties owed to a community bank for which he served as an advisory director and consultant. The findings stated that the bank was a customer of Weisbrod’s member firm and relied upon his investment knowledge and experience to determine its investment strategy. Weisbrod breached his fiduciary duties to the bank by directing it to engage in an investment strategy that generated revenue for Weisbrod but exposed the bank to excessive risk and unnecessary trading costs.



Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to its clients.    

St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors.  The  firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.

Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.

We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.

There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.

If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.

Some of the information in this blog post was obtained from FINRA on 4/18/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.

Contact Us Today!

1 Step 1
FormCraft - WordPress form builder