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John Anthony Orlando With SW Financial Has 5 Customer Complaints for Alleged Broker Misconduct

Who is John A. Orlando with SW Financial?

John Orlando (CRD #2002197) who is currently registered with SW Financial and located in Lighthouse Point, Florida is a subject of one of our many securities industry sales practice abuse investigations.

Prior to SW Financial, John Orlando was associated with Joseph Gunnar & Co. LLC, Westpark Capital, Inc. and Newport Coast Securities, Inc., and 9 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.   

Westpark Capital & Newport Coast Securities Broker Misconduct

In his career, John Orlando has been the subject of 5 customer complaints that we know about. One of John Orlando’s 5 customer complaints went through an arbitration hearing and an arbitration award was entered in favor of investors.  

One complaint was denied by his former employer, and to date, no action has been taken. There are currently 3 pending customer complaints filed against John Orlando’s former employers, Westpark Capital, Inc. and Newport Coast Securities, Inc., for investment losses caused by his alleged misconduct.

Allegations Against John Orlando

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

  • Claimants alleged that registered representatives made unsuitable investment recommendations and over-concentrated their assets into one sector, oil and gas, resulting in an $85,000 arbitration award in the investor’s favor.
  • The client alleged breach of fiduciary duty and negligence relating to an investment in the Horizon Fund.
  • Clients alleged that the registered representative churned their accounts and made unsuitable investment recommendations in common and preferred stock and private placement transactions.
  • The client alleges excessive trading, unsuitable investments, excessive concentration, and unsuitable use of margin in his account.

John Orlando Red Flags & Your Rights as An Investor

Of course, John Orlando 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 John Orlandoat SW Financial, Joseph Gunnar & Co. LLC, Westpark Capital, Inc., and Newport Coast Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether John Orlando has engaged in any stockbroker misconduct that may have caused them investment losses.

The large number of customer complaints at Westpark Capital, Inc. and Newport Coast Securities, Inc. also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At SW Financial, Westpark Capital, Inc., and Newport Coast Securities, Inc.

If you have questions about SW Financial, Westpark Capital, Inc., Newport Coast Securities, Inc. and/or John Orlando 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.

Author Photo

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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