DID GREGORY WALTER MCCLOSKEY CAUSE YOU INVESTMENT LOSSES?
Gregory McCloskey Formerly With Westpark Capital, Inc. Has 6 Customer Complaints For Alleged Broker Misconduct
Who is Gregory McCloskey formerly with Westpark Capital, Inc.?
Gregory McCloskey (CRD #2820510) who was formerly registered with Westpark Capital, Inc. and located in Newport Beach, California, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Westpark Capital, Inc., Gregory McCloskey was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Gregory McCluskey has had his own problems with the employers and regulators. He was terminated by 2 different brokerage firms. In 2020, he was named as a respondent in a FINRA complaint alleging that he participated in two undisclosed private securities transactions involving a customer, who was an elderly retired widow, and then sought to conceal these transactions from his member firms and FINRA. As a result, it was permanently barred for many further associations with any FINRA member firm in any capacity, indefinitely.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Gregory McCloskey Customer Complaints
Gregory McCloskey has been the subject of 6 customer complaints that we know about seeking to recover investment losses. All 6 customer complaints that were filed against Gregory McCloskey’s former employers evolved into FINRA arbitration proceedings that are still pending.
Allegations Against Gregory McCloskey
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Negligence, breach of fiduciary duty, breach of contract, unjust enrichment, and violation of California securities act related to the offer and sale of GWG L Bonds.
- Misrepresentation and unsuitable recommendations related to GWG L Bonds.
- Misrepresentation, suitability concerns and high fees related to private placement investments.
Gregory McCloskey Red Flags & Your Rights As An Investor
Of course, Gregory McCloskey did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Gregory McCloskey at Westpark Capital, Inc. on alert to review carefully the activity and performance of their accounts and question whether Gregory McCloskey has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Westpark Capital, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Westpark Capital, Inc. Due To Gregory McCloskey
If you have questions about Westpark Capital, Inc. and/or Gregory McCloskey and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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