Were you the victim of Westpark Capital, Inc. broker Victor Sibilla (CRD# 1783361)? He has been registered with Westpark Capital, Inc. in Boca Raton, Florida, since 2010.
In April 1998, the National Association of Securities Dealers, Inc. ordered him to pay a $12,6000 monetary fine and suspended him.
Victor Sibilla Customer Complaints
He has been the subject of eight customer complaints between 1998 and 2025, one of which was closed without action, according to his CRD report. The most recent complaints were regarding:
July 2025. “Customer alleges professional negligence, failure to comply with Best Interest & Suitability, failure to supervise, breach of fiduciary duty, negligent misrepresentation, Arizona Securities Fraud, Arizona Control Person Liability, respondeat superior and breach of implied covenant of good faith and fair dealing as it relates to the handling of his account.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint was regarding equity OTC.
November 2022. “Claimants opened a joint account at WestPark in December 2017 with the sole purpose of investing in CLS Holdings and potentially other private placements. They now claim the investment was unsuitable, negligent and negligent supervision.” The customer is seeking $100,000 in damages, and the case was settled for $25,000. The complaint was regarding equity OTC and CLS purchased through a private placement offering.
May 2017. “Client alleges that the broker transacted business in a state which he was not licensed in.” The customer sought $108,400 in damages, and the case was settled for $127,000. The complaint was regarding private placement losses.
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 Victor Sibilla’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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