Walter Dale Crossley Jr. of Merritt Island Florida a stockbroker currently registered with Raymond James Financial Services is the subject of a customer initiated investment related arbitration claim where the customer sought $1,519,773.22 in damages founded on accusations that the customer’s account was administered negligently; fiduciary duties had been violated; and the customer’s funds had been misappropriated. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-00027 (Jan. 8, 2019).

FINRA Public Disclosure confirms that Crossley has been identified in two additional customer initiated investment related disputes that concern allegations of his misconduct while employed with Equitable Life. Specifically, a customer initiated investment related complaint concerning Crossley’s activities was resolved for $10,078.82 in damages based upon accusations that false or misleading statements had been made concerning the amount of premium payments that the customer would be required to make in order to keep the customer’s variable life insurance policy in force.

In addition, Crossley is referenced in a customer initiated investment related complaint in which the customer requested $7,500.00 in damages supported by allegations that during the period in which Crossley was associated with Raymond James Financial Services Inc., stock positions had been sold from the customer’s account without authorization and the proceeds were placed in First Trust Target Focus Unit Investment Trust without the customer’s permission.

Crossley has been registered with Raymond James Financial Services Inc. since February 13, 2003.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

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Guiliano Law Group, P.C.

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

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