Steven Graham Linked To Western International Securities Investor’s Negligence Claim

SEC sanctioned securities broker Steven Robert Graham (also known as Steve Graham) [CRD: 1977736, Valencia, California], and investors complained about him, according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Graham worked for Western International Securities Inc. from September 4, 2020, to June 5, 2025, before joining LPL Financial LLC on June 5, 2025. See the following information to find out more about the disclosures involving this securities broker.

Western International Securities Investor Accused Steve Graham Of Misrepresentation

Notably, a Western International Securities Inc. client filed FINRA Arbitration No. 23-02801 about Steven Graham. Mainly, the client alleged that Graham was negligent and made misrepresentations. Because of this, the client allegedly incurred damages linked to corporate bonds. As a result, on May 1, 2024, Western International Securities Inc. settled this matter by paying the client $65,000 in damages.

Steven Graham Sanctioned By SEC For Regulation Best Interest Violations

Also, the United States Securities and Exchange Commission issued Case: 2:22-cv-04119 on August 28, 2024 sanctioning Graham for infractions. Allegedly, Graham failed to comply with Regulation Best Interest under Rule 15l-1(a)(1) of the Securities Exchange Act of 1934 by not exercising reasonable diligence and care when recommending high-risk, illiquid corporate bonds known as L Bonds to certain investors. Therefore, Graham was permanently enjoined from violating the rule and ordered to pay disgorgement of $30,186.59 and a civil penalty of $12,500.

J.P. Morgan Securities Investor Accused Steve Graham Of Unsuitable Recommendations

Additionally, on January 18, 2017, a J.P. Morgan Securities LLC client filed a complaint about Steven Graham. Primarily, the client alleged that Graham made unsuitable recommendations. For this reason, the client allegedly sustained damages connected to mutual funds. Consequently, the client requested $5,440 in compensation from J.P. Morgan Securities LLC or Graham. However, the firm denied this complaint.

Were You Impacted By Financial Advisor / Securities Broker Steven Graham?

Do you have questions or concerns regarding investments you made with Steven Graham? You should contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for many investors throughout the US. Also, our securities lawyers work on a contingency fee arrangement and advance all costs. Graham and brokerage firms Graham worked for deny any accusations of sales practice violations.