Erez Law is currently investigating Western International Securities, Inc. broker Lyndon Grey (CRD# 1789083) regarding unsuitable investments. Grey has been registered with Western International Securities, Inc. in Los Angeles, California since 2017.
Previously, Grey was registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Santa Monica, California from 2009 to 2011, when he was terminated regarding, “Allegations of irregularities in the handling of a prospective client’s request to have checks deposited in the prospective client’s banking account.”
Grey has been the subject of two customer complaints between 2010 and 2021, according to his CRD report. The most recent complaint is regarding:
July 2021. “Unsuitability.” The customer is seeking $100,001 in damages and the case is currently pending. The complaint was regarding real estate investment trusts (REITs) and the complaint was regarding Western International Securities, Inc.
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 Grey’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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