National investment loss lawyers KlaymanToskes continues to investigate Western International Securities following recent allegations of broker/financial advisor misconduct related to the sale of alternative investments such as GWG L Bonds, and failure to supervise.
KlaymanToskes has made substantial recoveries on behalf of GWG investors, following GWG Holdings’ bankruptcy filing in April 2022, and continues to currently represent many GWG L Bond investors throughout the country.
Current and former customers of Western International Securities who suffered investment losses are encouraged to contact attorney Steven D. Toskes at (888) 997-9956 or by email at investigations@klaymantoskes.com for a free and confidential consultation to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Western International Securities and its advisors have recently encountered a series of regulatory issues, including allegations of misconduct and failure to supervise, prompting concerns regarding the firm’s compliance practices and the best interests of its clients. In June 2022, the Securities and Exchange Commission charged Western International Securities and five of its California-registered financial advisors (Case No. 2:22-cv-04119) with violations related to the sale of alternative investments such as GWG L Bonds. Most recently, Western consented to a censure and agreed to pay over $870,000 in fines and restitution to customers, following allegations that the firm made unsuitable recommendations to its customers to invest in non-traded REITs and ETFs.
KlaymanToskes is investigating Western International financial advisors with significant FINRA public disclosures, including customer complaints, and encourages investors who did business with any of the financial professionals listed below to review their accounts for signs of investment losses.
Campbell, CA:
Carlsbad, CA:
El Segundo, CA:
Encino, CA:
Glendale, CA:
Glendora, CA:
Huntington Beach, CA:
Irvine, CA:
Los Alamitos, CA:
Los Angeles, CA:
Marina Del Rey, CA:
Montrose, CA:
Newport Beach, CA:
Oakland, CA:
Pasadena, CA:
Sacramento, CA:
San Diego, CA:
San Mateo, CA:
Valencia, CA:
West Hollywood, CA:
Westlake Village, CA:
Woodland Hills, CA:
To recover investment losses against a brokerage firm, you do not go through the traditional court system with a lawsuit. The only remedy is through a FINRA arbitration, a specific process designed for these types of disputes. This process involves presenting your case to a panel set by the Financial Industry Regulatory Authority (FINRA), not a courtroom. This approach is streamlined and focused on investment disputes, making it a suitable and effective way for investors to seek compensation for losses caused by financial advisors or brokerage firms.
FINRA (the Financial Industry Regulatory Authority) is a self-regulatory organization that oversees brokers and brokerages. In the event of a dispute between an investor and their financial advisor, investors can choose to file a FINRA arbitration claim. FINRA is overseen by the Securities and Exchange Commission (“SEC”).
The arbitration process is designed to be much faster than the court system and allows both parties to present their case before a panel of arbitrators. The arbitrators will then decide how to resolve the dispute, including ordering the advisor to pay damages for any losses suffered by the investor.
If you suffered investment losses at Western International Securities, you are encouraged to contact attorney Steven D. Toskes, at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
As an investor, there are signs that you should look out for if you believe you have a claim against Western International Securities. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
For expert guidance and representation in Western International Securities investment loss cases, contact KlaymanToskes at (888) 997-9956 or visit our website to fill out a short contact form for a free and confidential consultation. Our commitment is to recover your investment losses and uphold your rights as an investor.