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Galen Williams Allegedly Failed to Disclose Facts About Fixed Annuity

Galen Williams (CRD #: 2801299), a broker registered with PFS Investments, allegedly failed to fully inform a client about their annuity, according to his BrokerCheck record, accessed on March 22, 2023. Investors may have also engaged his services through Primerica Advisors. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

On January 23, 2023, an investor alleged that Galen Williams failed to adequately disclose the surrender charges and “free look” period associated with a fixed index annuity. This dispute is currently pending.

FINRA Rule 2020

FINRA Rule 2020 bans the use of manipulation, deception, and other fraudulent tactics to influence investors’ decisions. This includes the misrepresentation or omission of information, including facts concerning an investment’s fees, features, or returns.

Background Information

Galen Williams 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 6 – Investment Company Products/Variable Contracts Representative Examination
  • Series 26 – Investment Company Products/Variable Contracts Principal Examination

Galen Williams is a registered broker in eight states and the Virgin Islands. He is also a registered investment adviser in Florida.

Kurta Law Can Help

If you worked with Galen Williams 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 and 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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