DID MATTHEW ROBERT WESTBERRY CAUSE YOU INVESTMENT LOSSES?
Matthew Westberry Formerly With SCF Securities, Inc. was recently fired, following allegations of submitting a false lien release.
Who is Matthew Westberry formerly with SCF Securities, Inc.?
Matthew Westberry (CRD #4908745) who was formerly registered as a broker with SCF Securities, Inc. and located in Marion Iowa, is a subject of one of our many securities industry sales practice abuse investigations.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Matthew Westberry Employment History and Termination
Matthew Robert Westberry has over 15 years of experience highlighting extensive experience in the financial services industry. He has worked with firms including SCF Securities, Inc., LPL Financial LLC, and Cambridge Investment Research, Inc.
He passed three general industry/product exams and two multi-state securities law exams but holds no principal or supervisory certifications.
Westberry’s career at SCF Securities, Inc. ended on October 23, 2024, due to allegations of submitting a false lien release. Westberry admitted to creating the document during the sale of his house and was contacted by a Treasury agent regarding pending criminal charges, including forgery and identity theft.
Negative Disclosures
Total Incidents: 3 (One customer dispute, one criminal disclosure, one employment termination)
- Customer Dispute:
- Date: March 1, 2024
- Details: A client alleged that Westberry recommended an unsuitable, high-commission real estate product, exposing them to unnecessary risk. The dispute was settled for $6,750, with no contribution from Westberry.
- Criminal Disclosure:
- Date: October 3, 2024
- Details: Westberry was charged with two counts of forgery and two counts of identity theft in Iowa. The charges stemmed from alleged fraudulent activity related to a lien release during a property sale. The case is pending.
- Employment Termination:
- Date: October 23, 2024
- Details: Westberry was terminated by SCF Securities, Inc. after admitting to submitting a false lien release, leading to criminal charges.
Matthew Westberry Red Flags & Your Rights As An Investor
Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of Matthew Westberry is a red flag which should put all current and former customers of Matthew Westberry at SCF Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Matthew Westberry engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at SCF Securities, 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 SCF Securities, Inc. Due To Matthew Westberry
If you have questions about SCF Securities, Inc. and/or Matthew Westberry 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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