Investors have raised serious concerns about William Shopoff of Shopoff Securities, Inc., who has been the subject of multiple customer complaints and multi-million-dollar settlements. Allegations against him include misrepresentation, breach of contract, and violations of guaranty agreements. For investors who trusted Shopoff with their funds, these disputes show the risks of unsuitable recommendations and inadequate supervision at brokerage firms.
If you or someone you know has been impacted by William Shopoff or another broker, don’t hesitate to reach out to Meyer Wilson Werning today. Our attorneys are experienced in broker misconduct cases and will help to guide you through the process with a free consultation.

Who Is William Shopoff?
William Shopoff (CRD #: 1273471) has worked in the financial industry for decades, serving as the head of Shopoff Securities, Inc. since 2007. He is registered in 24 U.S. states and territories and has passed multiple supervisory and securities law exams. His career has spanned roles in real estate and corporate securities, reflecting a longstanding entrepreneurial presence.
Despite this professional background, Shopoff’s record includes a series of customer disputes that have cost tens of millions of dollars in settlements. These settlements raise questions about his practices and whether his clients were adequately protected from financial harm.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
Major Customer Complaints and Settlements
Over the past decade, William Shopoff has been involved in at least four significant customer disputes, all resolved through large financial settlements:
- 2021 – Misrepresentation in Tenant-in-Common/1031 Transactions: Allegations involved misstatements and omissions related to real estate investments. The case was settled for $2,000,000.
- 2019 – Breach of Contract and Uniform Voidable Transactions Act: Claims centered on a breach of a financial guaranty and questionable post-breach transfers. Settled for $6,500,000.
- 2019 – Breach of Guaranty Agreements: Allegations of failing to fulfill guaranty obligations in commercial real estate ventures. Resolved for $28,750,000.
- 2018 – Breach of Contract by Firm Affiliate: Claims included breach of guaranty and contractual performance failures tied to a Shopoff-affiliated entity. Settled for $4,750,000.
Taken together, these cases paint a troubling picture of repeated disputes and large investor losses tied to Shopoff’s activities.
Red Flags of Broker Misconduct
Allegations of misconduct at this scale highlight warning signs investors should watch for in their own dealings with brokers. Potential red flags include:
- Investments marketed with unclear or misleading information.
- Promises that appear inconsistent with the risks of real estate or private securities.
- Contracts or guaranty agreements with shifting or confusing terms.
- A pattern of disputes or regulatory history tied to the broker.
In Shopoff’s case, the size and frequency of settlements suggest systemic problems, not isolated incidents. Investors may have been misled or subjected to unsuitable recommendations, particularly in complex real estate transactions.
Our lawyers are nationwide leaders in investment fraud cases.
Legal Options for Affected Investors
Investors harmed by William Shopoff or Shopoff Securities may have several legal claims available:
- Negligence: Where a broker failed to act with reasonable care in managing investments.
- Breach of contract: If contractual obligations were not fulfilled, especially in real estate and guaranty agreements.
- Misrepresentation: If risks were minimized or details were withheld in order to secure investments.
Most brokerage agreements require disputes to be resolved through arbitration. This process allows investors to present evidence of misconduct and seek compensation in a structured setting. While arbitration limits some legal avenues, it can provide a meaningful opportunity to recover losses.
We Are The firm other lawyers
call for support.
How Meyer Wilson Werning Helps Shopoff Investors
The history of disputes involving William Shopoff demonstrates the financial harm that can result from broker misconduct. Investors have already lost tens of millions of dollars in cases tied to his activities, and the supervisory practices at Shopoff Securities have been called into question.
At Meyer Wilson Werning, we represent investors who have been harmed by brokers through misrepresentation, unsuitable recommendations, or contractual failures. If you suffered losses tied to William Shopoff or Shopoff Securities or another broker, contact us today so our team can review your case and help you pursue recovery through arbitration or other legal avenues.
Frequently Asked Questions

Who is William Shopoff and what is his role in Shopoff Securities?
William Shopoff is the head of Shopoff Securities, Inc., a broker with decades of experience in real estate and securities. Despite his background, his record includes multiple investor disputes and multimillion-dollar settlements.
What investor complaints have been made against William Shopoff?
Investors have accused Shopoff of misrepresentation, breach of contract, and violations tied to guaranty agreements. These disputes have resulted in tens of millions of dollars in settlements, many paid personally by Shopoff.
How much money has William Shopoff paid in settlements?
Shopoff has paid more than $40 million in settlements over the past decade, including a single $28.75 million resolution in 2019. These payouts highlight repeated allegations of misconduct tied to his investment activities.
What red flags should investors look for with brokers like William Shopoff?
Warning signs include investments marketed with vague promises, guaranty agreements with unclear terms, and a history of regulatory complaints or large settlements. Such patterns suggest systemic problems rather than isolated incidents.
Recovering Losses Caused by Investment Misconduct.