Boca Raton Securities Arbitration Claims

William Friedman (William Sidney Friedman CRD#: 2475502) is a former registered broker and investment advisor whose last known employer was Pinnacle Investments, LLC (CRD#:142910) of Boca Raton, FL. His previous employers include Woodstock Financial Group, Inc. (CRD#:38095), Newbridge Securities Corporation (CRD#:104065), and Brookstreet Securities Corporation (CRD#:14667), all of Boca Raton. He has been in the industry since 1994.

Friedman is the subject of four disclosures, two of which are customer disputes.

The most recent client dispute was filed on 11/20/2015, alleging that Friedman “pursued an inappropriate equity trading strategy which resulted in losses on the account. Client also indicated the rep exercised discretion over the account, breached his fiduciary responsibilities and suitability obligations.” The client requested damages of $50,000, and the firm settled the claim for $10,000. An additional note indicates that the original written complaint was denied earlier in the year, and became an arbitration case.

The second dispute was filed on 7/2/2004, alleging “unsuitability.” There was no request for compensatory damages but the damages appeared to be in excess of $5,000.

Friedman also has two tax liens: one for $318,419.61, issued on 4/12/2019, and a second for $12,527,192.00, issued on 9/10/2015. No additional information is available for the first lien. The second lien is listed as “non-collectible” as of 10/25/2017, with an unpaid balance of $81,167.29.

Did You Invest With Boca Raton Florida William Friedman?

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