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JOHN WESTBROOK of Center Street SUSPENDED – Montgomery, AL

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12
Nov

JOHN WESTBROOK of Center Street SUSPENDED – Montgomery, AL

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JOHN WESTBROOK of Center Street SUSPENDED – Montgomery, AL

John Westbrook, previously with Center Street Securities, Suspended by FINRA

Have you lost money with financial advisor John or “Al” Westbrook?  We are looking into allegations made about John Albert Westbrook from Montgomery, Alabama.  FINRA (the Financial Industry Regulatory Authority) suspended Westbrook from the securities industry for five months and fined him $5,000.  FINRA was investigating Westbrook after he allegedly did not disclose private securities transactions.  Westbrook has been alleged to have sold $350,000 in investments in Future Income Payments (FIP), and investors have suffered significant losses in FIP. 

John Albert Westbrook or Al Westbrook was a financial advisor and registered representative of Center Street Securities from September 2014 to February 2020.  He worked in branch offices in Montgomery, Alabama. 

Brokerage firms like Center Street Securities have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers. 

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan.  We represent investors in FINRA arbitration proceedings in all 50 states, including Alabama. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

If you lost money with John Westbrook, Future Income Payments, or Center Street Securities, please CONTACT US at 720-599-3505 for a free evaluation of your case.

Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.
10.0David P Neuman

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