Stoltmann Law Offices is interested in speaking to those individuals who may have suffered investment losses with Westpark Capital broker Patrick Maddren. Maddren has been subject to two customer disputes that allege false representations, excessive trading, unauthorized trading, unsuitable recommendations, and breach of contract. A separate complaint alleges unauthorized trading in a customer’s account. Maddren has been subject to two tax liens, according to his online, BrokerCheck report with the Financial Industry Regulatory Authority (FINRA).
These are all against securities laws and internal firm rules and Patrick Maddren’s brokerage firm, Westpark Capital, may be liable for investment losses, because the firm has a duty to reasonably supervise its brokers so they do not violate securities laws. If the brokerage firm does not, and the broker is guilty of misconduct, the firm may be sued in the FINRA arbitration forum on a contingency fee basis.
Patrick Maddren was previously registered with Dawson James Securities in Boca Raton, Florida from August 2009 until August 2012 and Laidlaw & Company in Ft. Lauderdale, Florida from August 2012 until September 2017. He is currently registered with Westpark Capital in Ft. Lauderdale and has been since August 2017. He has two customer complaints against him and two judgments/liens.
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