Investors apparently complained about securities broker Matthew Robert Westberry (also known as Matt Westberry) [CRD: 4908745, Marion, Iowa], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Westberry worked for SCF Securities Inc. from February 28, 2022, to October 23, 2024, and previously worked for LPL Financial LLC from August 10, 2018, to March 28, 2022. Investors are encouraged to continue reading to discover more about the disclosures involving Westberry.
Evidently, on April 28, 2026, a Cambridge Investment Research Inc. client filed FINRA Arbitration No. 26-00956 about Matthew Westberry. Primarily, the client alleged that Westberry made recommendations that were inconsistent with the client’s stated investment objectives. Because of this, the client allegedly incurred damages connected to real estate securities. Consequently, the client requested compensation from Cambridge Investment Research Inc. or Westberry. BrokerCheck indicates that this arbitration is awaiting a resolution.
Additionally, a client of Cambridge Investment Research Inc. contested Westberry’s sales practices, according to a complaint. Allegedly, Westberry gave unsuitable advice by recommending a speculative, illiquid, high-commission investment and exposing the clients to unnecessary risk. It appears that Westberry allegedly caused the client to experience damages associated with real estate securities. Therefore, Cambridge Investment Research Inc. agreed to settle the matter on July 8, 2024, by compensating the client in the amount of $6,750.
Do you have concerns or questions regarding investments you made with Matthew Westberry? Get in touch with Soreide Law Group online or at (888) 760-6552 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 country. Also, our securities lawyers work on a contingency fee arrangement and advance all costs. Westberry and brokerage firms Westberry worked for deny accusations of sales practice violations.
JOSEPH KELLY (JOE KELLY) has been registered as a broker with VCS VENTURE SECURITIES of New York, NY since 6/17/2026. He was previously registered with SPARTAN CAPITAL SECURITIES LLC of New York, NY from 01/13/2017 - 12/18/2024. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOSEPH KELLY has 21 years of experience […]
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