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William Burke Involved in Pending Civil Litigation

William Burke (CRD #: 2523888), a broker previously registered with Wells Fargo Clearing Services, LLC, is currently facing an investor dispute. This information is from William Burke’s BrokerCheck record, accessed on March 10, 2022. Keep reading for more information about William Burke’s conduct as a broker and pending customer disputes.

Investor Dispute

On November 5, 2021, an investor alleged that William Burke misrepresented the handling of the distribution of assets from a Trust. FINRA Rule 2020 prohibits manipulative, deceptive, and fraudulent actions.

Other Investment Disputes

On May 16, 2008, William Burke was involved in another investment dispute. The investor alleged that William Burke purchased securities without prior authorization. According to FINRA Rule 3620, unless an investor has indicated in writing that they approve their account for discretionary trading, brokers must receive authorization before making discretionary trades.

Background Information

William Burke 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 31 – Futures Managed Funds Examination
  • Series 7 – General Securities Representative Examination

He is currently registered in 29 states and Washington D.C. He is a registered investment adviser in New Jersey, New York, and Texas.  

William Burke has worked for the following firms:

  • Wells Fargo Clearing Services, LLC (CRD #: 19616)
  • A.G. Edwards & Sons, Inc. (CRD #: 4)
  • UBS Painewebber Inc. (CRD #: 8174)

Kurta Law Can Help

If you worked with William Burke and 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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