Matt Ward Fined, Involved In Client Complaint

Investors might have sustained losses due to securities broker Matt Abeywardena Ward [CRD: 2075525, Santa Monica, California], according to disclosures on the Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Ward joined A.G.P. / Alliance Global Partners on April 4, 2012. Continue reading to learn more about Matt Ward’s regulatory issues and the implications for investors.

Ward Sanctioned By FINRA For Discretionary Trading

FINRA sanctioned Matt Ward for infractions, issuing Case No. 2023080530501 on February 7, 2024. Allegedly, Ward exercised discretion in client accounts. He had no prior written authorization from any of the clients for this type of trading. Also, his employer did not approve any of the accounts as discretionary. Supposedly, Ward effected trades in the client accounts without first speaking to the clients prior to execution on the date of the transactions. As a result, Ward was suspended for 15 business days from March 4, 2024, to March 22, 2024, and fined $5,000.

Matt Ward Client Alleged Poor Performance

Also, a Euro Pacific Capital Inc. client filed FINRA Arbitration No. 21-00879 about Matt Ward. Supposedly, Ward caused poor performance of certain mutual funds. So, on June 14, 2021, Euro Pacific Capital Inc. settled this matter by paying the client $35,000 in damages.

Ward Disclosed Churning Allegations By Euro Pacific Capital Inc. Client

Additionally, a client of Euro Pacific Capital Inc. contested Matt Ward’s sales practices by filing FINRA Arbitration No. 16-01513. Allegedly, Ward engaged in unsuitable trading, churning, and unauthorized trading. It appears that Ward caused the client to sustain damages on stocks and over-the-counter equities. Therefore, Euro Pacific Capital Inc. opted to settle the matter on November 8, 2018, by compensating the client in the amount of $25,000.

Have You Suffered Losses With Matt Ward?

Have you experienced losses because of Matt Ward? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, represents investors through contingency fees, and advances all costs. Ward and brokerage firms he worked for deny accusations of sales practice violations.