Investors supposedly complained about securities broker John William Shaffer Jr. [CRD: 1800679, East Freedom, Pennsylvania], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Shaffer worked for GWN Securities Inc. from January 2, 2019, and also worked with Latitude Advisors LLC as of January 3, 2019. See the following information to learn more about the serious allegations involving Shaffer and his role in a pending investor dispute.
Evidently, a client of Transamerica Financial Advisors Inc. contested John Shaffer’s sales practices by filing FINRA Arbitration No. 25-00373 on February 24, 2025. Allegedly, Shaffer made misrepresentations and was negligent regarding the management of the investment. Allegedly, Shaffer caused the client to sustain damages on real estate securities. Consequently, the client seeks compensation from Transamerica Financial Advisors or Shaffer in the amount of $500,000 in this ongoing matter.
When securities brokers or financial advisors are misrepresenting or omitting key facts about real estate investment trusts (REITs), it typically means they failed to provide complete, accurate, or truthful information. This can involve downplaying the risks, overstating potential returns, or hiding fees and limitations. Investors rely on accurate disclosures to make informed decisions, so misrepresentation regarding REITs may lead to significant financial harm if the investments fail to perform as expected.
Do you have concerns or questions regarding investments you made with John Shaffer? If so, you should contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group is experienced with recovering losses for clients throughout the country. Also, the firm takes cases on a contingency fee basis and advances all costs. Shaffer and brokerage firms Shaffer worked for deny allegations of sales practice violations.
Investors might have sustained financial harm through WestPark Capital Inc. [CRD: 39914, Los Angeles, California], according to publicly available information found on Financial Industry Regulatory Authority BrokerCheck. WestPark Capital has been registered with FINRA since 1996 and maintains its headquarters in Los Angeles, California. Keep reading to discover more about the regulatory action involving the […]
Investors might have sustained losses due to securities broker James Fredrick Tighe [CRD: 3129233, Phoenix, Arizona], and Financial Industry Regulatory Authority barred him, based on public information on BrokerCheck. Tighe was associated with Morgan Stanley from June 1, 2009, through January 14, 2025. Continue reading to find out more about Tighe’s regulatory and client dispute […]
Investors potentially experienced sales practice violations by securities broker Sung Moo Cho (also known as Sam Cho) [CRD: 5015906, New York, New York], and FINRA barred him, given the public information found on FINRA BrokerCheck. Cho was associated with Ameriprise Financial Services from January 22, 2021, to October 21, 2025, and Citigroup Global Markets from […]
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