National investment fraud lawyers KlaymanToskes is investigating William C. Seibert (CRD# 2710335) after the broker and investment advisor, registered with Raymond James & Associates, Inc. in Houma, LA, received five investor complaints alleging unsuitable oil and gas investment recommendations including a complaint settled in favor of the investor for $897,500.
Investors that suffered losses with William C. Seibert may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman immediately at (888) 997-9956 or lklayman@klaymantoskes.com to discuss your legal options at no cost.
According to William C. Seibert’s FINRA Brokercheck, the broker has at least five investor complaints filed against him. Seibert has been registered with Raymond James & Associates, Inc. since 2013 in Houma, LA.
(Filed November 1st, 2007)
Under FINRA (Financial Industry Regulatory Authority) suitability requirements (FINRA Rule 2111) brokers and brokerage firms have a duty to recommend suitable financial products and trading strategies based on their client’s financial interests.
Brokers and investment advisers must consider certain information about each investor in order to meet the “reasonable diligence” requirement of FINRA’s suitability rule. Factors such as investors’ liquidity needs, age, employment status, tax status, investment objectives and experience, risk tolerance, and what other investments they may be holding may help determine the suitability of a particular investment or investment strategy for a particular investor.
KlaymanToskes can help you determine if your investment loss is due to unsuitable investment advice. Depending on your circumstances, you may be entitled to recover losses through FINRA arbitration. KlaymanToskes works on a contingency basis, meaning we do not collect a fee unless we are able to obtain a financial recovery for you.
Contact attorney Lawrence L. Klayman today for a free consultation at (888) 997-9956 or lklayman@klaymantoskes.com
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com
www.klaymantoskes.com