December 17, 2019 Comments Off on Clement L. Chichester Broker Investigation Blog, Current Investigations, Securities Fraud

Clement L. Chichester Broker Investigation

Clement L. Chichester Broker Investigation, featured by Top Securities Fraud Attorneys, The White Law Group

Financial Advisor Clement L. Chichester, Western International Securities in West Lake Village, CA

Are you concerned about investments with Clement L. Chichester in West Lake Village, CA? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.

According to public records on FINRA’s website, the regulator reportedly barred Chichester from working in the securities industry after he allegedly refused to produce information and documents “in connection with an investigation of his alleged receipt of funds from a customer at his member firm.”

According to his FINRA BrokerCheck report, Chichester was reportedly affiliated with Western International Securities in West Lake Village from 2012 until he was reportedly discharged after allegations. He reportedly has a settled customer complaint on his broker report in 2018 for allegations of “Breach of fiduciary duty; Unsuitable investment recommendations & strategy; Material misrepresentations & omissions.” In 2012, Chichester reportedly filed for bankruptcy, according to his broker profile.

Investigating Potential Lawsuits

The White Law Group is investigating potential lawsuits regarding the liability that Chichester’s employers may have for failure to properly supervise him.

When brokers violate securities laws, such as making unsuitable investments, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration.

Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

We represent investors in FINRA arbitration claims in all 50 states, including California. Our attorneys have recovered millions of dollars from many brokerage firms in the past.

If you are concerned about your investments with Clement L. Chichester, please call the securities fraud attorneys at The White Law Group at 888-637-5510 for a free consultation.

For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.

 

Comments are closed.