William Ellis Lawsuit
Joseph William Ellis aka William Ellis is a Georgia broker. William Ellis is currently registered with Ameriprise Financial Services in LaGrange, Georgia. Additionally, William Ellis works with Robert Ellis at Ellis and Ellis Investment Management in the LaGrange, Georgia. William Ellis was previously registered with 3 additional firms for various periods of time: Commonwealth Financial Network, LPL Financial, and Edward Jones. Ellis currently has 2 FINRA Brokercheck Disclosure for a Customer Disputes regarding allegations of Unauthorized Trading and placing a customer in an Unsuitable and Illiquid Investment.
Peiffer Wolf Carr & Kane is currently investigating claims against William Ellis, a registered broker with Ameriprise Financial and Ellis and Ellis Investment Management in LaGrange, Georgia.
According to our research and analysis of Ellis’ clients, we have found that William Ellis has been placing investors in Real Estate Investment Trusts (REITs) and Variable Annuities. If you are a client of William Ellis and your investment portfolio consists of REITs or Variable Annuities, Contact Us Today.
According to FINRA’s BrokerCheck website for Public Disclosures, William Ellis has been the subject of 2 disclosures.
- 2019: Customer Dispute – Pending with Damage Amount Requested of $250,000: Allegations “Claimants allege advisor placed them in unsuitable, illiquid investments.
- 2002: Customer Dispute – Settled for $1000: Allegations “THE CUSTOMER ALLEGED THAT ALL OF THE STOCK SALES MADE IN HER ACCOUNT IN LATE 2001 AND 2002 WERE UNAUTHORIZED. SHE ALSO INDICATED THAT SHE DID NOT APPROVE THE PURCHASE OF MUTUAL FUNDS WITH THESE PROCEEDS.
To review William Ellis’ Brokercheck report, click here: https://brokercheck.finra.org/individual/summary/2427967
Financial advisors (brokers) have a legal obligation and regulatory obligation to recommend only suitable investments that are appropriate for their individual clients. Their broker-dealer (employing brokerage firm) has a legal obligation and regulatory obligation to supervise the financial advisor’s sales practices and dealings with clients. To the extent that any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
Before starting at Ameriprise Financial, William Ellis has worked at multiple firms over the years for various lengths of time: Commonwealth Financial Network, LPL Financial, and Edward Jones. FINRA maintains a database of investor complaints and disciplinary and employment history for registered representatives and publishes some of this information on its BrokerCheck website, www.brokercheck.finra.org.
William Ellis of Ellis & Ellis | William Ellis Lawsuit
Based on our experience, we believe that there are more investors who have been the victim of William Ellis’ alleged broker misconduct and investment fraud. If you’ve worked with or invested with William Ellis, Ameriprise Financial, or Ellis & Ellis Investment Management, you should contact Peiffer Wolf Carr & Kane immediately for a FREE Consultation.
Peiffer Wolf Carr & Kane is currently investigating William Ellis’ practices, as well as the products he recommended to individual investors. Concerns about possible broker misconduct and investment fraud are serious, and we are committed to fighting on behalf of investors. Contact Us Today for a FREE Consultation. 504-523-2434
FREE CONSULTATION | 504-523-2434
If you believe you were a victim of predatory lending, investment fraud, or broker misconduct, it is imperative to take action. Peiffer Wolf Carr & Kane has represented thousands of victims, and we remain committed to fighting on behalf of investors. We focus on identifying parties that are not only liable but have the financial ability to compensate victimized investors. Our goal is to put money back into our clients’ pockets.
Contact Peiffer Wolf Carr & Kane today by filling out a Contact Form on our website or by calling 504-523-2434 to schedule a FREE Case Evaluation.
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