The allegations read: William c. Fenwick, jr. Was a subject of the customers' complaint against his member firms that asserted the following causes of action: unsuitable recommendations, failure to disclose risk, violation of finra rules, failure to supervise, breach of the duty of fair dealing, failure to observe just and equitable principles of trade, and violations of the anti-fraud provisions of the texas civ. Stat. Art 581-33. The causes of action related to claimants' allegations that respondent recommended an unsuitable asset allocation, including oil related stocks.
