Switch to ADA Accessible Theme
Close Menu
Free Consultation: 888-976-6111

Sean Westbrook: 6-Figure Complaints Against Stifel Nicolaus Rep

Sean Westbrook (CRD# 5090374), a stockbroker in Pueblo, Colorado, has received two pending investor complaints alleging he made unsuitable investment recommendations. According to the Financial Industry Regulatory Authority, he is a broker and investment adviser registered with Stifel Nicolaus & Company. 

FINRA records disclose two pending investor disputes against Mr. Westbrook. The most recent, filed in July 2021, alleges that as a representative of FSC Securities Corporation, he recommended unsuitable alternative investments in real estate securities. This pending complaint alleges $100,000 in damages. The second complaint, filed in April 2021, alleges that as a representative of FSC Securities Corporation, he recommended an unsuitable direct investment about which he did not made adequate disclosures. This pending complaint alleges $101,000 in damages. 

Mr. Westbrook’s former member firm, FSC Securities, has 16 customer complaints that resolved with FINRA arbitration awards listed on its BrokerCheck report. The most recent complaint was filed in 2015, alleging breach of fiduciary duty, misrepresentation and omission of facts, unsuitable investment recommendations, negligence, and failure to supervise, resolving with a 2016 award to the claimant of $70,333.34. A 2014 complaint alleging failure to supervise and negligence resolved in 2015 with an award to the claimant of $1,282,559.35. The firm has also been the subject of 29 regulatory actions, including a 2021 FINRA censure over findings it failed to supervise the suitability of 529 plans. 

According to the Financial Industry Regulatory Authority, Sean Westbrook holds 15 years of securities industry experience. He is a stockbroker and investment adviser with Stifel Nicolaus & Company in Pueblo, Colorado and licensed in 14 states. His past registrations include FSC Securities Corporation (Pueblo, Colorado; 2009-2019), Advantage Capital Corporation (Pueblo, Colorado; 2007-2009), and RBC Dain Rauscher (Pueblo, Colorado; 2006-2007). His credentials include the passage of three securities industry qualifying exams: the Uniform Combined State Law Examination, or Series 66; the Securities Industry Essentials Examination, or SIE; and the General Securities Representative Examination, or Series 7. (Information current as of April 1, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • Franklin BSP Realty Trust/Benefit Street Partners Realty Trust Losses

    On October 18th, 2021, the non-traded, publicly registered real estate investment trust (REIT) Franklin BSP Realty Trust completed its merger...

    Read More
  • Sierra Income: Was Non-Traded BDC Investment Too Risky?

    In March 2022 Sierra Income Corp., previously a non-traded business development company (BDC), marked the completion of its merger with...

    Read More
  • Hospitality Investors Trust Bankruptcy: Investors May Have Options

    Hospitality Investors Trust is a publicly registered, non-traded real estate investment trust whose initial offering became effective in 2014 and...

    Read More
  • Thomas Rydell: CFP Board Sanctions Royal Alliance Advisor

    Milpitas, California financial advisor Thomas Rydell (CRD# 5020102) recently received an investor complaint alleging six-figure damages. Records provided by the...

    Read More
  • Previous
  • Next