DID WILLIAM JOHNSTON DARBY CAUSE YOU INVESTMENT LOSSES?
William Darby Of Stifel Nicolaus & Company, Incorporated Has 2 Customer Complaints For Alleged Broker Misconduct
About William Darby of Stifel Nicolaus & Company, Incorporated?
William Darby (CRD #1659917) is currently registered with Stifel, Nicolaus & Company, Incorporated in Atlanta, Georgia, where he has been since December 4, 2018. His career in the financial services industry spans over several decades, with previous engagements at UBS Financial Services, Goldman Sachs & Co., and other notable firms. Darby is licensed in nine U.S. states and territories and is registered with six Self-Regulatory Organizations (SROs). He has passed three general industry/product exams and two multi-state securities law exams, reflecting a robust understanding of both national and state-level securities regulations.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
William Darby Customer Complaints and Reviews
Paul J. Curcio II has one reported customer dispute:
- Regulatory Event: A completed action initiated by FINRA on December 10, 2019, where Darby was fined and suspended due to failing to verify disbursement requests, which led to unauthorized transactions (case number 2018060504601). He was fined $7,500 and suspended for 45 days.
- Customer Disputes:
- Settled Dispute: An allegation from October 2018 concerning unauthorized trading and wire disbursement was settled for $205,724.91.
- Closed Dispute: A more recent complaint from June 30, 2024, regarding commission charges and unauthorized money movements was closed with no action taken.
- Termination: Darby was discharged from UBS Financial Services in November 2018 following a violation of the firm’s disbursements policy.
Allegations Against William Darby
- Regulatory Actions:
- Darby was sanctioned by FINRA for inaccuracies in books and records related to unauthorized financial transactions caused by external fraud. He accepted the penalties without admitting or denying the findings.
- Customer Complaints:
- 2018: Complaints included unauthorized trading and disbursements leading to a significant financial settlement.
- 2024: Allegations involved inappropriate commission charges and unauthorized financial activities, which were eventually dismissed.
- Termination:
- Darby was discharged for policy violations concerning client disbursement verifications, indicating a lapse in adherence to protocol designed to protect client assets.
William Darby Red Flags & Your Rights As An Investor
Of course, William Darby did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of William Darby at Stifel Nicolaus & Company, Incorporated on alert to review carefully the activity and performance of their accounts and question whether William Darby has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Stifel Nicolaus & Company, Incorporated, also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Stifel Nicolaus & Company, Incorporated Due To William Darby
If you have questions about Stifel Nicolaus & Company, Incorporated and/or William Darby and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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