Securities Fraud and Mismanagement

Attorney and Counselor at Law

303-300-5022 / 844-253-5858 Toll Free

Did the actions/inactions of my broker fall below the required standard of care?

We’ll tell you, for FREE.

Please contact us if you were an investor of Matthew Ian Turner of Westpark Capital and suffered losses. Allegations against Turner and his employer include trading without authorization and excessive trading of investments for the purpose of paying Turner a higher commission.

Turner first became a broker in 2000. Since November 2012, Turner has been registered as a GS through WestPark Capital, Inc.

Between September 2018 and December 2020, Turner is alleged to have recommended trading in accounts held by three investors that was excessive, unsuitable, and not in their best interest. By this conduct, Turner willfully violated Rules under the Securities Exchange Act of 1934 (Reg Best interests) and FINRA Rule 2111. Turner exercised discretionary authority to effect 148 trades in four customers’ accounts without obtaining sufficient authorization from the customers.

Securities brokers, like Matthew Ian Turner, are required to have a reasonable basis to believe that a recommendation of a transaction or investment strategy involving a security or securities to any customer is suitable for the customer. This includes persons with actual or de facto control over an investment account having a reasonable basis for believing that a series of
recommended transactions is not excessive in light of the customer’s investment profile. Those in the securities industry commonly refer to such actions as “churning.”

This is not the first time Turner has been accused of churning. Turner’s employers settled a suit by an investor claiming similar action for $103,000 in 2018.

We have handled many churning cases of the past 20 years. Please contact us for a free initial consultation if you believe you have been the victim of churning.

Don't let fraud of Matthew Ian Turner destroy your savings.
Matthew Ian Turner is accused of multiple misdeeds that impacts investors.