Stephen Williams, formerly with LPL Financial, Suspended by Indiana

Have you lost money with financial advisor Stephen Williams of Goshen, Indiana?  We are continuing our investigation into allegations made against Stephen Robert Williams.  The Indiana Securities Commission suspended Williams from the securities industry.  Williams was suspended after he was the subject of an earlier action by FINRA, the Financial Industry Regulatory Authority. FINRA barred Williams from the securities industry after he failed to respond to a FINRA investigation.

Stephen Williams was a financial advisor and registered representative of LPL Financial from 2004 to October 2017.  He worked at a branch office in Goshen, Indiana.  Stephen Williams was also terminated by LPL Financial.

Brokerage firms like LPL Financial have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Phoenix, Arizona; Denver, Colorado; Ann Arbor, Michigan; and Seattle, Washington.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Indiana. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against LPL Financial.

Click to view:  Williams, Stephen Indiana Order

Click to view:  Williams, Stephen BrokerCheck 10.23.19

If you lost money with Stephen Williams or LPL Financial, please CONTACT US at 720-599-3505 for a free evaluation of your case.