William Johnson of Cadaret Grant & Co. Involved in Six-Figure Disputes

William Johnson (CRD #: 3174473), a broker previously registered with Cadaret Grant & Co. in Greenville, South Carolina, is involved in multiple disputes alleging he recommended investments that were too high-risk. This is according to his BrokerCheck record, accessed on December 30, 2022.

According to allegations filed on September 13, 2022, an investor alleged that William Johnson sold them high-risk investment products and misrepresented them as low-risk. The investor is seeking $200,000. 

On August 19, 2022, investors alleged that William Johnson sold them REITs that were unsuitable. Real Estate Investment Trusts are often unsuitable due to their illiquid nature. Investors are seeking $121,500 in this pending dispute. 

According to allegations filed on March 14, 2022, an investor alleged that William Johnson misrepresented an alternative investment as a low-risk, suitable investment. The investor is seeking $100,001 in this pending dispute. 

On February 8, 2022, investors alleged that from 2015 onward investors suffered losses due to misleading statements and unsuitable recommendations to purchase speculative, non-traded REITs and other alternative investment funds. The investor is seeking $209,000. 

Two more investor disputes from 2021 are seeking to recover six figures. 

Settled Investor Disputes

Settled disputes on William Johnson’s record also allege he recommended unsuitable investments.

• On July 2, 2021, investors alleged that William Johnson recommended an unsuitable strategy that included a number of high-risk, alternative securities. The dispute settled for $100,000. 
• On August 19, 2010, an investor alleged that the Class A mutual funds Johnson recommended were unsuitable due to their higher expenses.
• On August 14, 2009, an investor alleged that Johnson recommended an unsuitable variable annuity.

William Johnson Background Information

William Johnson has passed the following exams:

• Series 66 Uniform Combined State Law Examination
• Securities Industry Essentials Examination
• Series 7 General Securities Representative Examination

Johnson is a registered broker in nine states and is a registered investment adviser in six states.

During his 23 years in the securities industry, Johnson has worked with the following firms:

• Cadaret Grant & Co. (CRD #: 10641)
• Voya Financial Advisors (CRD #: 2882)

Kurta Law Can Help

If you worked with William Johnson and you have concerns about your investments, contact Kurta Law today. Call 212-658-1502 or email jkurta@kurtalawfirm.com.