Securities lawyers at Soreide Law Group are looking into potential investor claims on behalf of those who potentially incurred losses from Alan M. Mason [CRD: 1302190, New York, New York]. Mason's affiliations include Bradley Woods Co. Ltd. since March 13, 2023, and prior associations with Westpark Capital Inc., among other firms. Investors who have interacted with Mason are encouraged to look through the disclosures concerning his activities in the securities industry.
Breach Of Fiduciary Duty And Unsuitability Claims Against Alan Mason By Westpark Capital Inc. Client
Specifically, on August 16, 2022, an investor with Westpark Capital Inc. initiated FINRA Arbitration No. 22-01793 against Alan Mason. The investor accused Mason of making unsuitable investment recommendations and breaching fiduciary duty regarding GWG L Bonds. Consequently, the client sought compensation of $5,000,000 from Westpark Capital Inc. or Mason, with the arbitration currently pending.
Unsuitability Allegations Involving Alan Mason By Westpark Capital Inc. Investor
Notably, a client of Westpark Capital Inc. filed FINRA Arbitration No. 22-01262 regarding Alan Mason. The claim alleged improper recommendations and a lack of due diligence by Mason. This resulted in damages related to GWG L Bond investments. To address this, on March 27, 2023, Westpark Capital Inc. settled the dispute, compensating the investor $33,200.
Unauthorized Transactions Allegations Against Alan Mason By GunnAllen Financial Inc. Investor
Also, an investor of GunnAllen Financial Inc. raised issues regarding Alan Mason's sales practices. Namely, the client alleged unsuitable and unauthorized transactions conducted by Mason, leading to investor losses in mutual funds. In response, GunnAllen Financial Inc. chose to settle the matter on May 12, 2009, by providing the investor with compensation totaling $25,000.
Overconcentration Allegations Against Alan Mason By Gruntal Co. LLC Investor
Additionally, a client lodged a complaint against Alan Mason while at Gruntal Co. LLC. The allegations centered on overconcentration of an investment portfolio with speculative, unsuitable securities by Mason. This led to unspecified damages for the client. Consequently, on October 17, 2002, Gruntal Co. LLC resolved the matter by paying the client $30,000 in damages.
Seek Resolution For Your Losses With Alan Mason
If your financial portfolio has suffered due to the actions of Alan Mason, it's crucial to take prompt action. Contact Soreide Law Group online or via phone at (888) 760-6552 to engage with a securities attorney regarding the potential recovery of your investment losses. Operating on a contingency fee basis, Soreide Law Group is committed to supporting investors across the nation. Mason and his employers firmly deny any allegations of sales practice violations.
