- July 10, 2018
- Broker Discipline
- Sanction
The Wolper Law Firm, P.A. is currently investigating claims against William Greenfield, a Financial Advisor at TFS Securities, Inc. in Cherry Hill, New Jersey. William Greenfield has been in the financial services industry since 1987 and previously worked for Network 1 Financial Securities and 1st Global Capital Corp. He is also the owner of WealthBridge Advisory Services, LLC.
According to publicly available records released by the Securities Exchange Commission (SEC), on July 10, 2018, the SEC instituted proceedings against William Greenfield, ordering him to cease and desist the activities that constituted alleged violations of the Investment Advisers Act of 1940. Specifically, it was alleged:
“Greenfield caused TFS’s violations of Section 206(4) of the Advisers Act and Rule 206(4)-1(a)(1) thereunder, which states that it shall constitute a fraudulent, deceptive, or manipulative act, practice, or course of business for any investment adviser registered or required to be registered under the Advisers Act, directly or indirectly, to publish, circulate, or distribute any advertisement which refers, directly or indirectly, to any testimonial of any kind concerning the investment adviser or concerning any advice, analysis, report or other service rendered by such investment adviser.”
Contemporaneous with the filing of the aforementioned cease and desist proceeding, William Greenfield agreed to resolve the claims brought by the SEC through the payment of a fine.
https://www.sec.gov/litigation/admin/2018/ia-4961.pdf
If you or someone you know was a customer of William Greenfield, and you experienced investment losses, please contact the Wolper Law Firm, P.A. at 800.931.8452 or by email at mwolper@wolperlawfirm.com to discuss your specific situation and the legal options available. The Wolper Law Firm, P.A. represents investors nationwide in securities litigation and arbitration.
Matt Wolper, the Managing Principal of the Wolper Law Firm, P.A., is a trial lawyers who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. His industry insight, experience and knowledge gives his clients a competitive advantage
Attorney Matthew Wolper
Matt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]