WILLIAM EUGENE RILEY is currently employed as a Broker and/or Investment Adviser at SILVER OAK SECURITIES, INCORPORATED located at 306 WEST SEVENTH STREET, SUITE 602, SUITE 602, FORT WORTH, TX, 76102.
WILLIAM EUGENE RILEY has worked at SILVER OAK SECURITIES, INCORPORATED since January 25, 2008
WILLIAM EUGENE RILEY has 4 Disclosure Event(s).
Date: August 03, 2012 Category: Customer Dispute Allegations: SUITABILITY Damage Amount Requested: $80,000.00 Broker Comment: BILL RILEY AND SILVER OAK SECURITIES, INC. BELIEVES THE RECOMMENDATION WAS SUTIABLE.
Date: May 07, 2003 Category: Customer Dispute Allegations: FAILURE TO FOLLOW INSTRUCTIONS Damage Amount Requested: $288,175.00 Settlement Amount: $100,000.00 Broker Comment: I WAS THE BRANCH MANAGER OF THE OFFICE, NOT [CUSTOMER'S] FINANCIAL ADVISOR. THE ACCOUNT WAS TRANSFERRED IN FROM "MONY", WHERE ORIGIANL TRADES WERE DONE. I FOLLOWED [CUSTOMER'S] INSTRUCTION EXACTLY, WHICH WERE UNSOLICITED. CLAIM WAS DENIED AT PAIN WEBBER.
Date: March 18, 2002 Category: Customer Dispute Allegations: STATEMENT OF CLAIM ALLEGES UNAUTHORIZED TRADING, UNSUITABLE INVESTMENTS, & VIOLATION OF OK SECURITY LAWS. Damage Amount Requested: $250,000.00 Settlement Amount: $65,000.00
Date: May 17, 1999 Category: Customer Dispute Allegations: CUSTOMER ALLEGES MISREPRESENTATION,UNAUTHORIZED TRADING AND UNSUITABILITY IN ACCT. HELD AT MERRILL LYNCH. DAMAGES CLAIM TO BE $1,000,000.00. Damage Amount Requested: $1,000,000.00 Settlement Amount: $50,000.00 Broker Comment: I DENY ALL ALLEGATIONS IN THIS CASE. [CUSTOMER] PURCHASED A MUTUAL FUND FOR INCOME WHICH HE HELD FOR THREE YEARS AND NEVER SUFFERED A LOSS TO THE BEST OF MY KNOWLEDGE. HIS ACCOUNT WAS REVIEWED ON A REGULAR BASIS AND NO MENTION OFTHE ABOVE EVER WAS MENTIONED. ONLY AFTER LEAVING MERRILL LYNCH AND ONE YEAR LATER WAS ANY COMPLAINT ISSUED. THE ALLEGATIONS HAVE NO SUBSTANCE OR TRUTH.******************************************************THE MATTER WAS SETTLED TO AVOID THE EXPENSE AND UNCERTAINTY OF LITIGATION. MR. RILEY WAS NOT ASKED TO CONTRIBUTE TO THE SETTLEMENT.
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