Did you or someone you know lose money with William Wesley Marshall, a broker with Ameriprise Financial? If so, the attorneys at Stoltmann Law Offices are interested in speaking with you about your options of bringing a claim against Ameriprise in the Financial Industry Regulatory Authority (FINRA) arbitration forum. We may be able to help you recover your investment losses you suffered with William Wesley Marshall. We take cases on a contingency fee basis for investors, so we only get paid if you recover money. Please call today. The call is free with no obligation.
Mr. Marshall was fined $10,000 and suspended for 15 months by FINRA. FINRA alleged that Mr. Marshall participated in the sale of $1.72 million of privately-issued stock without having provided prior written notice to his firm. He also allegedly engaged in and made an inaccurate assessment of his outside business activity, used a personal email account to communicate with customers, which, in turn, allowed him to avoid firm supervision, and distributed to investors sales literature which contained misleading, exaggerated and inadequate risk disclosures. These are all against securities rules and regulations.
Marshall was registered with May Financial Corporation in Dallas, Texas from October 1999 until December 2001 and Southwest Securities in Dallas from January 2002 until February 2011. He is currently registered with Ameriprise Financial in Plano, Texas and has been since January 2011. According to his online FINRA BrokerCheck report, he is currently suspended by FINRA.