W. Perry Randall (CRD#: 1392233), a registered representative with Cambridge Investment Research, Inc. (CRD#: 39543) and a Registered Investment Adviser (RIA) with Cambridge Investment Research Advisors, Inc. (CRD#: 134139) in Illinois, is currently involved in an investor dispute, according to her BrokerCheck record accessed on July 27, 2020. What happened to lead to this dispute? Read on to learn more.
On June 1, 2020, a client filed an investor complaint against W. Perry Randall. A client alleged that W. Perry Randall recommended two unsuitable investments instead of the low-risk investments they desired. The client alleges that the broker breached his fiduciary duty and breached his contract. The client is seeking $40,000 in damages. The matter is pending.
This is not the only disclosure on W. Perry Randall’s BrokerCheck record. On October 30, 2001, a client alleged that the broker made unsuitable investment recommendations. The client further alleged that the firm failed to adequately supervise W. Perry Randall. The client sought $50,000 in damages; the matter later settled.
Perry Randall has passed the Series 65 – Uniform Investment Adviser Law Examination, the Series 63 – Uniform Securities Agent State Law Examination, the SIE – Securities Industry Essentials Examination, the Series 7 – General Securities Representative Examination, the Series 22 – Direct Participation Programs Representative Examination, the Series 6 – Investment Company Products/Variable Contracts Representative Examination, the Series 8 – General Securities Sales Supervisor Examination (Options Module & General Module), and the Series 24 – General Securities Principal Examination. He is a registered representative and Registered Investment Adviser (RIA) in Illinois, Texas, and Wisconsin. He is also licensed to sell securities in Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, New York, North Carolina, Ohio, Oregon, South Carolina, Tennessee, and Washington.
Perry Randall has worked in the securities industry for over 30 years. Over his 34-year career in the securities industry, he has worked for six firms. In addition to his current role as a registered representative with Cambridge Investment Research, Inc. (CRD#: 39543) and a Registered Investment Adviser (RIA) with Cambridge Investment Research Advisors, Inc. (CRD#: 134139) in Illinois, he has also worked for the following firms:
- LPL Financial LLC (CRD#: 6413)
- Wachovia Securities LLC (CRD#: 19616)
- Everen Securities, Inc. (CRD#: 19616)
- B.C. Ziegler and Company (CRD#: 61)
- Ballantyne & Co. Ltd. (CRD#: 15248)
If W. Perry Randall was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta to learn more about your options for investment loss recovery. Call (877) 238-4175 or email email@example.com for your free case consultation with a securities attorney.