Soreide Law Group is looking into potential claims on behalf of investors who may have endured financial losses due to Christopher Booth Kennedy [CRD: 4498061, Woodland Hills, California]. Evidently, Kennedy worked for Western International Securities Inc. from December 2, 2019, to September 27, 2021. Investors can review the following disclosures about Kennedy’s conduct in the industry.
FINRA, on November 17, 2023, barred Christopher Kennedy as a securities broker following allegations of churning and excessive trading in client accounts. Supposedly, Kennedy's actions, characterized by excessive trading volumes and high turnover rates, caused financial harm on his clients. The trading activity in these accounts was notably high, leading to client losses. However, Kennedy reportedly made significant commissions.
Furthermore, Kennedy's conduct involved reportedly fabricating account statements to hide the true impact of his trading activities. Over a period, he supposedly issued falsified statements from his personal email, misstating account values.
A client of Western International Securities Inc. lodged a complaint against Christopher Kennedy, citing misrepresentation, breach of fiduciary duty, and unsuitability concerning the management of their account. The complaint involved investments in options and stocks and reported damages of $120,694. Western International Securities Inc. settled the matter by compensating the client $75,000 in June 2023.
Also, a client of Western International Securities Inc. filed a complaint against Christopher Kennedy, alleging unauthorized trading. The matter was settled by Western International Securities Inc., which compensated the client $375,000 in damages in June 2023.
Further, a client of Western International Securities Inc. accused Christopher Kennedy of unauthorized trading, leading to damages. The client brought FINRA Arbitration No. 22-02385 in October 2022. The case is currently pending resolution.
In addition, a Western International Securities Inc. investor filed a complaint against Christopher Kennedy, alleging breach of fiduciary duty and unauthorized trading related to options transactions. The client sought damages amounting to $245,000, and the firm settled by paying $125,000 in March 2022.
A different complaint was lodged against Christopher Kennedy by a client of Western International Securities Inc., alleging unauthorized trading in options. The firm paid the client $36,870.52 in a November 2021 settlement.
If Christopher Booth Kennedy's actions have negatively impacted your investments, immediate steps are crucial. Contact Soreide Law Group online or at (888) 760-6552 to discuss the potential recovery of your losses with an experienced securities attorney. Soreide Law Group, committed to aiding investors across the U.S., operates on a contingency fee basis and advances all costs. Kennedy, alongside Western International Securities Inc., denies all allegations of violating sales practices.
Moors & Cabot, Inc. (CRD 594) is a brokerage firm based in Boston, Massachusetts. FINRA censured and fined the firm $125,000 after finding it failed to develop and implement an anti-money laundering compliance program reasonably expected to detect and report suspicious transactions, according to an AWC issued August 24, 2026.
Cowen and Company, LLC (CRD 7616), now part of TD Securities (USA) LLC, is a brokerage firm based in New York, New York. FINRA censured and fined the firm a total of $80,000, of which $40,000 is payable to FINRA, according to an AWC issued August 19, 2026.
Webull Financial LLC (CRD 289063) is a brokerage firm based in New York, New York. FINRA censured and fined the firm $115,000 after finding it maintained inaccurate books and records of options order origin codes, according to an AWC issued August 17, 2026.
Phone:
Fax: 1-954-760-6553
Email: [email protected]