Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on November 2, 2017 indicate that South Carolina-based Crown Capital Securities broker/adviser William Herritage has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Herritage (CRD# 4027113).
William Herritage has spent 17 years in the securities industry and has been registered with Crown Capital Securities in Columbia, South Carolina since 2012. Previous registrations include Brookstone Securities in Columbia, South Carolina (2010-2012); Broker Dealer Financial Services Corporation in Columbia, South Carolina (2008-2010); Lifemark Securities Corporation in Rochester, New York (2005-2008); and MML Investors Services in Springfield, Massachusetts (2000-2005). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on August 16, 2004; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on February 16, 2000; Series 7 (General Securities Representative Examination), which he obtained on February 2, 2007; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on January 21, 2000. He is a registered broker and investment adviser with eight US states: Arizona, California, Georgia, North Carolina, South Carolina, Texas, Virginia and Washington.
According to his BrokerCheck report, he has received one pending customer complaint.
In August 2017 a customer alleged William Herritage, while employed at Crown Capital Securities, misrepresented material facts and recommended an unsuitable investment in a non-traded real estate investment trust. The customer is seeking $52,000 in damages in the pending complaint.
Mr. Herritage’s member firm, Crown Capital Securities, has itself received four regulatory sanctions and two customer complaints that evolved into arbitrations, according to the firm’s BrokerCheck report.
In 2012 a customer alleged Crown Capital Securities breached its fiduciary duty, misrepresented material facts, breached contract, failed in its supervisory duties, and acted negligently. The complaint resulted in an award to the customer of $277,468.
In 2013 a customer alleged Crown Capital Securities engaged in unspecified misconduct pertaining to investments in annuities and other securities. The complaint resulted in an award to the customer of $600.
If you or someone you know has a complaint regarding William Herritage or Crown Capital Securities, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.