Erez Law is interested in speaking with investors who may have suffered losses due to investments with Western International Securities, Inc. broker Donald Bizub (CRD# 1600090) regarding options losses. He has been registered with Hamilton Grant LLC in Pasadena, California since 2014 as well as Western International Securities, Inc. in Pasadena, California since 1996.
Donald Bizub Customer Complaints
He has been the subject of two customer complaints between 2021 and 2022, according to his CRD report:
February 2022. “Control Person Liability; Failure to Supervise.” The customer is seeking $16,440,221 in damages and the case was settled for $2,760,000. The complaint is regarding options losses and took place while he was registered with Western International Securities, Inc.
December 2021. “Control Persons Liability.” The customer is seeking $5,000 in damages and the case is currently pending.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Western International Securities, Inc. may be liable for investment or other losses suffered by Donald Bizub’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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