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        <title><![CDATA[investment fraud GWG - Israels & Neuman, PLC]]></title>
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                <title><![CDATA[Complaints Against LINDA WIMSATT of Westpark for GWG Sales]]></title>
                <link>https://www.israelsneuman.com/blog/complaints-linda-wimsatt-westpark-gwg-sales/</link>
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                <dc:creator><![CDATA[Israels & Neuman, PLC]]></dc:creator>
                <pubDate>Mon, 06 Mar 2023 16:33:58 GMT</pubDate>
                
                    <category><![CDATA[Investment Fraud]]></category>
                
                
                    <category><![CDATA[California]]></category>
                
                    <category><![CDATA[Carlsbad]]></category>
                
                    <category><![CDATA[investment fraud GWG]]></category>
                
                    <category><![CDATA[Linda Wimsatt American Trust]]></category>
                
                    <category><![CDATA[Linda Wimsatt Carlsbad California]]></category>
                
                    <category><![CDATA[Linda Wimsatt Complaints]]></category>
                
                    <category><![CDATA[Westpark Capital complaints]]></category>
                
                
                
                <description><![CDATA[<p>Linda Wimsatt, Formerly with Westpark Capital, Part of Three GWG Cases CARLSBAD, CALIFORNIA Did you invest in GWG L Bonds with stockbroker Linda Wimsatt, formerly with Westpark Capital in Carlsbad, California? Linda Wimsatt was a licensed advisor with Westpark Capital from November 2017 to October 2020. She now works for American Trust Investment Services. Since&hellip;</p>
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<p><strong> </strong><strong>Linda Wimsatt, Formerly with Westpark Capital, Part of Three GWG Cases</strong>
<strong>CARLSBAD, CALIFORNIA</strong>
<strong> </strong>Did you invest in GWG L Bonds with stockbroker Linda Wimsatt, formerly with Westpark Capital in Carlsbad, California?  Linda Wimsatt was a licensed advisor with Westpark Capital from November 2017 to October 2020.  She now works for American Trust Investment Services.</p>



<p>Since October 2022, Linda Wimsatt has been the subject of three customer complaints, all of which involve the sale of GWG L Bonds.  The customers allege that the <a href="/practice-areas/advisor-negligence-and-fraud/unsuitable-investments-and-reg-bi/" rel="noopener" target="_blank">GWG L Bonds were unsuitable</a> in each of the three cases.  Westpark Capital has been named as a party in each of the arbitration claims.</p>



<p>When a financial advisors recommends an investment to a customer, the advisor and/or her brokerage firm have a duty to conduct reasonable research into the investment so that the advisor knows whether the investment is appropriate for that investor.  A failure to abide by these obligations could be a violation of <a href="https://www.finra.org/rules-guidance/rulebooks/finra-rules/2111" rel="noopener noreferrer" target="_blank">FINRA Rule 2111</a>, which is in regards to suitability.  Financial losses that result from such violations may be recoverable by investors.</p>



<p>Israels & Neuman currently represents several investors that have lost money in GWG L bonds.  We also have represented investors in the past against Westpark Capital.</p>



<p>View Wimstatt, l BrokerCheck 3.6.23</p>



<h2 class="wp-block-heading" id="h-if-you-lost-money-with-linda-wimsatt-or-westpark-capital-contact-the-law-firm-of-israels-amp-neuman-at-206-795-5798-for-a-free-evaluation-of-your-case"><strong>If you lost money with Linda Wimsatt or Westpark Capital, contact the law firm of <a href="/contact-us/" rel="noopener" target="_blank">ISRAELS & NEUMAN</a> at (206) 795-5798 for a Free evaluation of your case.</strong></h2>
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