Investors have reportedly disputed the sales practices of securities broker John B. Darmanian [CRD: 2899924, Montrose, California], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Darmanian worked for Western International Securities Inc. from September 11, 2009, to June 5, 2025, before joining LPL Financial LLC on June 5, 2025. Investors are encouraged to continue reading to learn more about the disclosures involving this securities broker.
Western International Securities Investor Accused Darmanian Of Failure To Supervise
Evidently, a Western International Securities Inc. client filed FINRA Arbitration No. 24-00194 about John Darmanian. Primarily, the client alleged that Darmanian failed to supervise certain representatives, which led to issues involving corporate bonds. For this reason, the client allegedly incurred damages. As a result, on November 8, 2024, Western International Securities Inc. settled this matter by paying the client $30,500 in damages.
John Darmanian Disclosed Misrepresentation, Breach Of Fiduciary Duty, And Negligence Allegations By Western International Securities Client
Additionally, a client of Western International Securities Inc. disputed Darmanian’s sales practices by filing FINRA Arbitration No. 23-02533. Allegedly, Darmanian made misrepresentations, breached his fiduciary duty, was negligent, breached a contract, and made omissions related to corporate bonds and real estate securities between 2015 and 2020. It appears that Darmanian allegedly caused the client to sustain damages linked to these investments. Therefore, Western International Securities Inc. opted to settle the matter on August 9, 2024, by compensating the client in the amount of $36,000.
Were You Impacted By Financial Advisor / Securities Broker Darmanian?
Do you have concerns or questions regarding investments you made with John Darmanian? You should contact Soreide Law Group at (888) 760-6552 or online and speak to a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for many investors throughout the United States. Also, our securities attorneys work on a contingency fee basis and advance all costs. Darmanian and brokerage firms Darmanian worked for deny any accusations of sales practice violations.
