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Thomas Swan Of Western International Securities, Inc. Has 5 Customer Complaints For Alleged Broker Misconduct

Who is Thomas Swan of Western International Securities, Inc.?

Thomas Swan

Thomas Swan (CRD #1698430) who is currently registered as a broker and investment adviser with Western International Securities, Inc. and located in Westlake Village, California, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Western International Securities, Inc., Thomas Swan was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Thomas Swan also has regulatory problems. In June 2022 the United States SEC filed a civil action against him and others at Western International Securities offering for selling GWG L Bonds in violation of Regulation Best Interest. The court action is still pending.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

Thomas Swan Customer Complaints

Thomas Swan has been the subject of 5 customer complaints that we know about to recover investment losses. Two of the customer complaints were settled by Western International Securities in favor of the investors. One customer complaint was denied and the investor took no further action. Recently, investors filed 2 separate FINRA arbitration proceedings against Western International Securities for Thomas Swan’s alleged misconduct.

Allegations Against Thomas Swan

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

  • Negligence and negligent misrepresentation.
  • Violation of California Insurance Code.
  • Unsuitable investment recommendations.

Thomas Swan Red Flags & Your Rights As An Investor

Of course, Thomas Swan 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 Thomas Swan at Western International Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Thomas Swan has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Western International 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?

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 Western International Securities, Inc. Due To Thomas Swan

If you have questions about Western International Securities, Inc. and/or Thomas Swan 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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