WILLIAM EDWARD LLOYD is currently employed as a Broker and/or Investment Adviser at AXA ADVISORS, LLC located at 8860 DEER CREEK LANE, OLIVE BRANCH, MS, 38654.
WILLIAM EDWARD LLOYD has worked at AXA ADVISORS, LLC since August 28, 1986
Disclosure History
WILLIAM EDWARD LLOYD has 1 Disclosure Event(s).
Date: April 03, 2002 Category: Customer Dispute Allegations: PLAINTIFFS ALLEGE THAT, IN ORDER TO SELL VARIOUS TYPES OF LIFE INSURANCE POLICIES, DEFENDANTS USED A FRAUDULENT SCHEME WHICH INCLUDED MISREPRESENTATIONS CONCERNING THE PREMIUM PAYMENTS TO BE PAID ON SUCH POLICIES, AS WELL AS OMISSIONS AND CONCEALMENT OF MATERIAL FACTS. DEFENDANTS? ACTIONS ALLEGEDLY CONSTITUTED FRAUD, INTENTIONAL MISREPRESENTATION, FRAUDULENT INDUCEMENT, NEGLIGENT MISREPRESENTATION AND BREACH OF DUTY TO DEAL IN GOOD FAITH. DAMAGES ARE UNSPECIFIED. Broker Comment: THIS LAWSUIT WAS RESOLVED AS PART OF THE SETTLEMENT OF A NUMBER OF LAWSUITS, CLAIMS AND THREATENED CLAIMS BY PRESENT AND FORMER POLICYHOLDERS IN MISSISSIPPI AGAINST THE EMPLOYING FIRM AND/OR ITS AFFILIATES AND CERTAIN OF ITS CURRENT AND FORMER REPRESENTATIVES. NO SPECIFIC PORTION OF THE TOTAL SETTLEMENT AMOUNT WAS ALLOCATED BY THE PAYING DEFENDANTS TO RESOLVE SPECIFIC ALLEGED CLAIMS IN WHICH THE REGISTERED REPRESENTATIVE WAS A NAMED PARTY. THE EMPLOYING FIRM BELIEVES THAT THE SETTLEMENT AMOUNT OF THIS LAWSUIT EXCEEDS $10,000. THE EMPLOYING FIRM AND ITS REGISTERED REPRESENTATIVES EXPRESSLY DENY ANY WRONGDOING OR LIABILITY IN CONNECTION WITH THESE CLAIMS. THE REGISTERED REPRESENTATIVE WAS NOT THE SALES AGENT FOR ANY POLICIES OWNED BY ANY OF THE NAMED PLAINTIFFS.
More Information
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for WILLIAM EDWARD LLOYD, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.