David Karin Involved In Western International Securities Client Disputes

Investors possibly experienced losses because of securities broker David Wayne Karin [CRD: 2486154, Westlake Village, California], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Karin joined Western International Securities Inc. on March 30, 2012, as a securities broker. He started working as a financial advisor there shortly thereafter. The following information concerns David Karin’s disclosures.

Western International Securities Inc. Investor Accused Karin Of Breach Of Fiduciary Duty

Also, on March 18, 2024, a Western International Securities Inc. client filed FINRA Arbitration No. 24-00581 about David Karin. Supposedly, Karin breached his fiduciary duty. Because of this, the client allegedly sustained damages on corporate bonds. Because of this, the client requested $50,000 in compensation from Western International Securities Inc. or Karin. Currently, this arbitration is unresolved.

David Karin Disclosed Unsuitable Recommendations Allegations By Western International Securities Inc. Client

Notably, a client of Western International Securities Inc. contested David Karin’s sales practices by filing FINRA Arbitration No. 22-02652. Allegedly, Karin made misrepresentations about investment information. Supposedly, he also made unsuitable recommendations of corporate bonds. Therefore, Western International Securities Inc. opted to settle the matter on March 26, 2024, by compensating the client in the amount of $420,000.

Karin Accused Of Misrepresentation By Chase Investment Services Corp. Client

Particularly, on August 27, 2012, a Chase Investment Services Corp. client filed a complaint about David Karin. Mainly, the client alleged that Karin misrepresented a variable annuity investment. For this reason, the client requested $53,117.45 in compensation from Chase Investment Services Corp. or Karin. However, the securities firm denied this dispute.

David Karin Disclosed Sales Practice Allegations By Chase Investment Services Corp. Client

Evidently, a client of Chase Investment Services Corp. contested David Karin’s sales practices by filing FINRA Arbitration No. 12-02858. Allegedly, Karin misrepresented a variable annuity investment. As a result, Chase Investment Services Corp. opted to settle the matter on May 12, 2014, by compensating the client in the amount of $47,500.

Did You Sustain Losses Because Of Karin?

Did you experience losses because of David Karin? If you have, reach out to Soreide Law Group online or at (888) 760-6552 and speak to a securities lawyer concerning a possible recovery. Soreide Law Group helps investors throughout the country, works on a contingency fee basis, and advances all costs. Karin and brokerage firms Karin worked for deny accusations of sales practice violations.