Can you recover losses due to investments with Westpark Capital, Inc. broker Patrick Morehead (CRD# 6661646)? He was registered with American Trust Investment Services, Inc. in Los Angeles, California, from January to September 2020, Westpark Capital, Inc. in Los Angeles, from 2017 to 2020, and VFG Securities, Inc. in Culver City, California, from 2016 to 2017.
Patrick Morehead Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
May 2025. “Customer alleges breach of fiduciary duty, negligence, breach of contract, violation of the California Securities Act and respondeat superior in conjunction with investments purchased by respondents.” The customer is seeking $400,000 in damages, and the case is currently pending. The complaint was regarding direct investments and inverse and leveraged exchange traded funds (ETFs), and it took place while he was registered with Westpark Capital, 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, Westpark Capital, Inc. may be liable for investment or other losses suffered by Patrick Morehead’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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