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.
Steven Graham (CRD 1977736) denies the allegations in a pending customer claim filed on August 11, 2026. The disclosure names Western International Securities as the firm, and the claim involves corporate bonds. No arbitrator has ruled on it. His BrokerCheck report also lists a settled bond dispute and a federal court matter from earlier years.
A claim filed on September 11, 2024 names Thomas Hamlin (CRD 2208505) over a 10% Senior Unsecured Note in iCap Fund III. Every disclosure on his BrokerCheck report involves an iCap private placement and names Somerset Securities as the firm. Each one settled, and a settlement is not an admission of wrongdoing.
Peter Po's most recent settlement came on June 28, 2026, when a corporate bond claim settled for $40,000. Po (CRD 3106974) appears in several settled customer disputes over corporate and high-yield bonds. The disclosures name NI Advisors or California Securities as the firm, and each matter ended in a settlement, not a finding.
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