Investors Seeks $1 Million in Dispute with William Meador

William Meador (CRD #: 2202512), a broker registered with UBS Financial Services, allegedly recommended an investment strategy that was not in his clients’ best interest, according to his BrokerCheck record, accessed on December 13, 2024. If you have questions about his alleged conduct as a broker, keep reading.

Investor Dispute

On November 1, 2024, multiple investors alleged that William Meador recommended an investment strategy that was not in their best interest and that an account used as collateral for a line of credit was unsuitably allocated in equities. This misconduct allegedly took place between 2008 and 2022.

The investors seek $1 million in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires that brokers tailor their investment recommendations to an investor’s profile, which describes their risk tolerance, tax status, age, and financial goals.

Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.

Regulation Best Interest

Regulation Best Interest (Reg-BI) is an SEC regulation that requires brokerage firms to put their clients’ best interests first. For example, firms must conduct reasonable due diligence when researching investments to ensure their recommendations are suitable for the investor.

Background Information

William Meador has passed the following exams:

• Securities Industry Essentials Examination – SIE
• Futures Managed Funds Examination – Series 31
• General Securities Representative Examination – Series 7
• Uniform Combined State Law Examination – Series 66
• Uniform Securities Agent State Law Examination – Series 63

William Meador is a registered broker in 42 states as well as the District of Columbia and Puerto Rico. He is also a registered investment adviser in Florida and Texas.

He has also worked for Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691).

Kurta Law Can Help

If you worked with William Meador 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.