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Meyer Wilson Investigating Claims Against Broker William David Utanski

Meyer Wilson’s securities fraud lawyers are currently investigating allegations made against broker William David Utanski (CRD# 2576809).

According to publicly-available records, broker William David Utanski allegedly recommended the unsuitable investment in stocks and call options in a company called Dendreon Corporation in 2015. Another customer filed a similar complaint around the same time, alleging Utanski made a “one-size-fits-all” recommendation in Dendreon Corporation stock transactions, resulting in an over-concentration of the stock. Both of those claims have been settled.

Currently pending is yet another customer complaint relating to the Dendreon stock was filed in FINRA arbitration, alleging that Utanski made unsuitable recommendations in closed-end funds and Dendreon stock. As a result, the customer allegedly suffered damages of $200,000.

Utanski has been registered in the securities industry since 1995 when he started with Salomon Smith Barney, Inc. In 1999, he registered with UBS Painewebber Inc., followed by Prudential Securities Incorporated in 2001. In 2002, he registered with Ameriprise Advisor Services, Inc. Since 2009, he has been registered with Ameriprise Financial Services, Inc.

If you invested and lost money with broker William David Utanski, call Meyer Wilson today. Our securities fraud attorneys can analyze your potential claim in a free consultation and help you seek recourse. All cases are handled on a contingency fee basis so you don’t pay us anything unless we can help you recover your losses.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

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