Alex Mathis Faced Western International Securities Investor Complaint About Unsuitable Advice

Investors apparently complained about securities broker Alex Boyd Mathis [CRD: 2235598, Westlake Village, California], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Mathis worked for Western International Securities Inc. from November 16, 2011, through June 5, 2025, and became registered with LPL Financial LLC beginning June 5, 2025. Investors are encouraged to continue reading to find out more about disclosures involving Mathis and client complaints reported on FINRA BrokerCheck.

Western International Securities Investor Accused Mathis Of Unsuitable Recommendations

Specifically, a client filed a complaint about Alex Mathis. Primarily, the client alleged that Mathis gave unsuitable advice to the client about investing in corporate bonds. For this reason, the client allegedly experienced damages linked to those investments. Consequently, on June 25, 2024, Western International Securities Inc. settled this matter by paying the client $60,000.

Alex Mathis Disclosed Unsuitable Advice Allegations By Western International Securities Inc. Client

Evidently, a client of Western International Securities Inc. contested Mathis’s sales practices by filing FINRA Arbitration No. 22-01065. Allegedly, Mathis made unsuitable recommendations. It appears that Mathis allegedly caused the client to incur damages connected to real estate investment trusts (REITs). Therefore, Western International Securities Inc. agreed to settle the matter on May 11, 2023, by compensating the client in the amount of $25,000.

Merrill Lynch Investor Accused Mathis Of Misrepresentation And Unauthorized Trading

Additionally, a Merrill Lynch client filed FINRA Arbitration No. 09-06676 about Alex Mathis. Mainly, the client alleged that Mathis made unsuitable recommendations, engaged in unauthorized trading, and made misrepresentations. Because of this, the client allegedly sustained damages associated with mutual funds. As a result, on January 21, 2011, Merrill Lynch settled this matter by paying the client $290,000.

Did You Invest Through Securities Broker / Financial Advisor Alex Mathis?

Do you need guidance on any investment losses relating to Alex Mathis? You should contact Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of clients throughout the US. Also, our securities lawyers work on a contingency fee basis and advance all costs. Mathis and brokerage firms Mathis worked for deny accusations of sales practice violations.