William Ellis Lawsuit

William Ellis Lawsuit

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.

securities fraud in the news

PEIFFER WOLF – CORONAVIRUS CRASH TO SEE LARGE-SCALE ABUSES OF INVESTORS SEEKING BETTER RETURNS

Something Else Troubling Is Going Around: Dubious Investments

Something Weird Is Happening on Wall Street, and Not Just the Stock Sell-Off

FAQ

Yes. Please use our contact form to request a free case evaluation. Tell us your story, and one of our lawyers will respond to tell you if we think we can help.

We work almost all of our cases under contingent fee arrangements. If we take your case under a contingent fee arrangement, you won’t owe our firm any legal fees unless we are able to recover money for you.

Our contingent fee is either based on a percentage of the amount we recover for our client (which generally ranges from one-third of the recovery up to 40%) or the amount of work we perform on your case, multiplied by our current hourly rates. The percentage we will charge in your case depends on the type of case, when your case resolves, and whether you request us to advance litigation costs (including filing fees, postage, expert witness fees, etc.). Generally, the percentage is higher if we are advancing litigation costs and your case does not resolve early.

In most litigation matters, it is extremely difficult – practically impossible – to predict how long or how many hours will it take to resolve a particular case. Every case is different in terms of the complexity. For instance, a simple breach of contract matter is likely to get resolved significantly faster than a complicated lawsuit involving multiple parties, numerous claims, complex issues of law, and extensive discovery. The other parties’ cooperation, the attorneys’ schedules, as well as the number of other cases on the court’s docket are also the factors.

DO YOU HAVE ANY QUESTIONS?

We handle cases that change lives. Contact us today for a FREE consultation.

Practice Chairs
joe peiffer
Joseph C. Peiffer
Managing Shareholder
JASON KANE
Jason J. Kane
Shareholder