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Alfred Vanderlaan Formerly With Westpark Capital, Inc. And Sandlapper Securities, LLC Has 12 Customer Complaints For Alleged Broker Misconduct

Who is Alfred Vanderlaan formerly with Westpark Capital, Inc.?

Alfred Vanderlaan

Alfred Vanderlaan (CRD #1172406) who was formerly registered with Westpark Capital, Inc and located in Watertown South Dakota, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Westpark Capital, Inc., Alfred Vanderlaan was associated with Sandlapper Securities, LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Investment Losses? Let’s talk.

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Alfred Vanderlaan Customer Complaints

Alfred Vanderlaan has been the subject of 12 customer complaints that we know about to recover investment losses. Two of the customer complaints were settled by Capwest Securities in favor the investors. Six of the customer complaints were denied by Alfred Vanderlaan’s former employer and the investors took no further action. There are currently 4 FINRA arbitration proceedings recently filed against Westpark Capital for Alfred Vanderlaan’s alleged misconduct in connection with the offer and sale of GWG L-bonds that are still pending.

Allegations Against Alfred Vanderlaan

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Negligence, misrepresentation and omissions of material fact, breach of fiduciary duty.
  • Violation of Regulation Best Interest.
  • Unsuitable investment recommendations related to GWG L-bonds.
  • Unsuitability and misrepresentation of the risks.
  • Unsuitable investment recommendations related to private placements.
  • Unsuitable investment recommendations of REITs.
  • Violation of federal and state securities laws related to oil and gas in real estate investments.

Alfred Vanderlaan Red Flags & Your Rights As An Investor

Of course, Alfred Vanderlaan 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 Alfred Vanderlaan at Westpark Capital, Inc. and Sandlapper Securities, LLC on alert to review carefully the activity and performance of their accounts and question whether Alfred Vanderlaan has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Westpark Capital, Inc. and Sandlapper Securities, LLC also raises questions about the brokerage firms’ 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?

best investment fraud lawyers

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 Alfred Vanderlaan

If you have questions about Westpark Capital, Inc., Sandlapper Securities, LLC and/or Alfred Vanderlaan 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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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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