What Did Your Brokerage Firm or Investment Adviser Do Wrong With GWG
Published On: October 12, 2015

Stoltmann Law Offices is investigating Jack West, formerly with LPL Financial. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, a customer alleged that West, while employed at LPL Financial in Santa Ana, California, breached fiduciary duty and misrepresented material facts related to an investment. Another customer alleged that West failed to sell certain securities in compliance with FINRA rules, resulting in the cancellation of a sale. He was also accused of recommending unsuitable investments, executing excessive trades and churning in customer accounts. Churning is excessive trading in a customer account, designed to garner massive commissions for the broker. It is against securities rules and regulations.

Jack Charles West was registered with Equity Programs Corporation from September 1987 until March 1989, Vestcorp Securities in Irvine, California from February 1989 until April 1991, Unison Capital Group in Mountain View, California from May 1993 until January 1994, Lazar Frederick & Company in Beverly Hills, California from January 1994 until September 1995, Roth Capital Partners in Newport Beach, California from August 1995 until April 2001, Hagerty, Stewart & Associates in San Diego, California from May 2001 until November 2001, The Seidler Companies Inc. in Irvine from May 2001 until December 2006, Crowell, Weedon & Co. in Irvine from December 2006 until September 2008 and LPL Financial in Santa Ana, California from August 2008 until February 2015. He is currently registered with NFP Advisor Services in Brea, California and has been since February 2015. He has four customer disputes against him.

If you or someone you know invested money with Jack West, please call our securities law firm based in Chicago, Illinois at 312-332-4200 to speak with one of our attorneys. The call is free with no obligation. You may be able to sue LPL Financial for not reasonably supervising West while he was employed there. They may be liable for investment losses. We take cases on a contingency fee basis only, so we don’t get paid unless you recover money. Please call as soon as possible as time is of the essence in cases such as these.


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If you have suffered financial losses because of the negligence or fraud of your financial advisor or broker through unsuitable investment recommendations, over-concentration, churning, misrepresenting risks, conversion or selling away, you have legal rights and options to pursue recovery of those losses.

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