Did you lose money with William Watson III of Newport Beach, California? Stoltmann Law Offices is investigating Watson after an investigation by the Financial Industry Regulatory Authority (FINRA). Watson allegedly used unfair, unbalanced and misleading marketing materials regarding the sale of investments for four issuers, including the company Bill the Butcher, stock. Watson allegedly allowed the companies to use unbalanced and misleading risk disclosures regarding the investments he was selling. He did not disclose Bill the Butcher’s accumulated deficits, net loss, or the fact that the company’s auditor had a “going concern” opinion. For these allegations, Watson was suspended from the industry for 10 days and fined $5,000. Bill the Butcher has since closed its shops in the Seattle, Washington area. Watson was registered with Finance 500 from February 2011 until August 2014. He worked in Newport Beach and Irvine, California. If you would like to bring a claim against his former firm, Finance 500, you may do so by calling our securities law offices in Chicago. The call is free with no obligation.
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