Securities Fraud Blog
The online FINRA Brokercheck report for former Western International broker Chris Kennedy shows eleven different customer complaints. These complaints include allegations of unauthorized trading, unsuitability, breach of fiduciary duty, and other wrongful conduct. Many of the complaints have been settled, with one settled for over 2.7 million dollars.
The Brokercheck report also states that Western International discharged Mr. Kennedy in 2021 after allegations were made about unauthorized options trading.
Mr. Kennedy was registered with Western at a branch office in Woodland Hills, California and Tarzana, California.
The securities fraud attorneys at Greco & Greco have extensive experience arbitrating claims on behalf of customers against Western International. One can also read here about a recent FINRA action against Western International regarding supervisory failures in the sale of GWG L bonds by Western brokers, and another related to non traded REIT sales.
If you have lost money as a result of unauthorized trading or unsuitable options trading by your financial advisor, please contact Scott Greco for a free attorney consultation about your case. We have represented wronged customers from California and across the country for decades.