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Meyer Wilson Investigating Claims Against Broker William Heiden

The securities fraud attorneys at Meyer Wilson are currently investigating claims against broker and investment adviser William Heiden (CRD# 2885156).

According to the Financial Industry Regulatory Authority (FINRA), Wedbush Securities Inc. broker and investment adviser William M. Heiden (CRD# 2885156) has been the subject of multiple customer disputes, two of which are currently pending.

The first pending dispute was filed on October 19, 2015, and alleges that he took part in deceptive activities that included unauthorized and unsuitable trading, misrepresentation, omission of material fact, and falsifying documents. The customer is requesting $1.5 million in damages.

The second pending dispute was filed on March 23, 206, and alleges that Heiden engaged in unauthorized trading, and that the clients were alarmed at the margin debt that accumulated seeing as they did not intend to use the margin for trading purposes. The customer is requesting $200,000 in damages.

Heiden has been registered with Wedbush Securities Inc. based out of Newport Beach, CA since August of 2013. He was previously registered with Morgan Stanley and RBC Dain Rauscher Inc.

If you have lost money investing with Wedbush Securities Inc. broker and investment adviser William Heiden, contact the investment fraud attorneys at Meyer Wilson today. All of our cases are handled on a contingency fee basis, so you won’t owe us any legal fees until we can assist you recover your losses. Fill out our online form for a free case consultation today.

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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