William Hayden of Texas Securities Facing $265k Complaint

September 18, 2023

Investment Losses with William Hayden in Carrollton, TX? Contact KlaymanToskes

National investment loss lawyers KlaymanToskes is investigating William Hayden (CRD# 2303449) of Texas Securities, Inc., following the filing of a customer complaint alleging $265,000 in damages due to failure to act in the customer’s best interest relating to the purchase of a joint venture interest. 

Investors that suffered losses with William Hayden may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman, Esq., for a free consultation to discuss recovery options at 888-997-9956 or lawrence@klaymantoskes.com. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

William Hayden: $265k Investor Complaint at Texas Securities

According to FINRA BrokerCheck, William Dallas Hayden has been hit with a customer complaint alleging $265,000 in damages to the customer’s Texas Securities account. 

The customer alleges that the investment recommended was not in her best interest and that manipulative methods were used to induce the purchase of the joint venture interest. Further, the customer alleges that the joint venture agreement was not signed by a qualified individual and is not valid.

What Are Stockbrokers Responsible For?

Brokers and their firms are responsible for providing suitable investment advice in compliance with Financial Industry Regulatory Authority (FINRA) rules and guidelines. Brokers/advisors must consider an investment’s risk, ensure that they do not misrepresent material facts, and/or overconcentrate the customer’s portfolio in unsuitable investments.

Further, financial professionals and their firms cannot disregard a customer’s risk-tolerance or make unsuitable investment recommendations. In the event of non-compliance with securities industry standards leading to a customer incurring investment losses, brokers/financial advisors and their firms may be held liable through a FINRA Arbitration Claim

Investors that suffered losses with William Hayden are encouraged to contact KlaymanToskes for a free and confidential consultation at (888) 997-9956, or lawrence@klaymantoskes.com to learn more about the arbitration process. We offer legal services on a contingency basis, meaning we do not collect attorney’s fees unless we are able to obtain a recovery for you.

About KlaymanToskes

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.