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Bill Lapiana is the Subject of a Half-Million Dollar Dispute

Bill Lapiana (CRD #: 4580411), a broker registered with Ausdal Financial Partners, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 18, 2025. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations

On September 12, 2025, an investor alleged that Bill Lapiana engaged in fraudulent business practices and engaged in negligence. The investor is seeking $500,000.

Negligence

Many types of broker misconduct may qualify as negligence. Typical examples include unsuitable investment recommendations, misrepresentations or omissions of material facts, and failure to follow instructions.

Investors who believe their losses are the result of broker negligence may be able to recover their funds through FINRA arbitration.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Fraudulent business practices violate this rule.

Background Information

Bill Lapiana has passed the following exams:

  • Series 65 Uniform Investment Adviser Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination

He is a broker registered in 24 states and D.C. and is a registered investment adviser in New Jersey and Texas.

Bill Lapiana has registered with nine firms:

  • Ausdal Financial Partners (CRD #: 7995)
  • Newbridge Financial Services (CRD #: 130814)
  • Newbridge Securities Corporation (CRD #: 104065)
  • ICM Capital Markets (CRD #: 103725)
  • Chicago Investment Group (CRD #: 11853)
  • TLG Advisors (CRD #: 111052)
  • Ladenburg Thalmann Asset Management (CRD #: 108604)
  • Ladenburg Thalmann & Co. (CRD #: 505)
  • Ladenburg Capital Management (CRD #: 14623)

Kurta Law Can Help

If you worked with Bill Lapiana and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

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