MARGARETA CHILDS Barred By FINRA

Broker Margareta Childs Barred For Failing To Comply With FINRA Request

Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) shows troubling information in regard to Financial West Group and Western International Securities broker Margareta Childs [CRD#: 1495891, Irvine, California]. Not only has FINRA barred the securities broker for being elusive, but at least 2 clients took issue with the securities broker. In sum, these disclosures suggest that Childs deceived investors and churned their accounts. Check out these allegations against Childs.

FINRA Bars Childs For Failing To Disclose Information

Evidently, on September 20, 2019, FINRA issued Letter #: 2019061958901 barring Margareta Childs. Specifically, it barred the securities broker from maintaining an association with any FINRA member. Notably, the financial watchdog asserted that Childs did not respond to FINRA's request for information. Potentially, that request concerned customer complaints alleging Childs' bad sales practices.

Margareta Childs Allegedly Deceives Financial West Group and Western International Securities Client

Supposedly, a client of Financial West Group and Western International Securities contested Margareta Childs by filing Civil Suit #: 30-2019-01045669-CU-BC-CJC on February 1, 2019. Allegedly, Childs breached her duties under a loan. The client indicated that the securities broker deceived the client too. It seems that Childs possibly caused the client to sustain losses. Consequently, the client made a claim for compensatory damages from Financial West Group and Western International Securities in the amount of $208,325.12 in this ongoing matter.

Paulson Investment Company Investors Suggest That Margareta Childs Churned Account

Previously, a Paulson Investment Company client made a formal complaint concerning Margareta Childs. Apparently, the client contended that Childs engaged in churning of the client’s investment account. It seems that the securities broker mainly traded to generate commissions. Supposedly, she also made inappropriate trades in the client’s account, failing to consider the client's risk tolerance or some other aspect of the client’s investment profile. As a result, the client experienced losses on securities transactions. Consequently, the client requested $70,000 in compensation from Paulson Investment Company or Childs. Supposedly, the securities firm denied the customer’s allegations.

Losses From Securities Broker Childs?

Have you experienced losses by investing with Margareta Childs? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel in regard to possibly recovering your investment losses. Soreide Law Group represents clients on a contingency fee basis and will advance all costs. The law firm has recovered millions of dollars for clients who have incurred losses due to misconduct of securities brokers like Childs and brokerage firms.