December 26, 2022

Victor Sibilla Disclosed Allegations Of Unauthorized Trading

a family is sad because of bad broker advice

Investors have come forward with complaints about securities broker Victor Sibilla [CRD: 1783361, Boca Raton, Florida]. Evidently, the securities broker, who worked for Westpark Capital Inc., disclosed client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. For more on these disclosures about Sibilla, see below.

Westpark Capital Inc. Investor Accused Victor Sibilla Of Unauthorized Transactions

Evidently, a Westpark Capital Inc. client filed Civil Suit: 170903979 about Victor Sibilla. Namely, the client alleged that Sibilla engaged in business where he did not possess a license. Because of this, the client allegedly sustained damages on private placements. Therefore, on August 15, 2017, Westpark Capital Inc. settled this matter by paying the client $127,000 in damages.

Sibilla Disclosed Misrepresentation Allegations By Westpark Capital Inc. Client

Also, a client of Westpark Capital Inc. contested Victor Sibilla’s sales practices, according to a complaint dated June 24, 2013. Allegedly, Sibilla made misrepresentations of material fact. Supposedly, the over-the-counter equities transactions resulted in damages. Therefore, the client requested compensatory relief from Westpark Capital Inc. or Sibilla in the amount of $175,000. However, Westpark Capital Inc. denied this complaint.

Scottsdale Capital Advisors Investor Accused Victor Sibilla Of Excessive Trading

Additionally, a Scottsdale Capital Advisors client filed FINRA Arbitration: 13-03095 about Victor Sibilla. Namely, the client alleged that Sibilla engaged in excessive trading. Because of this, the client allegedly sustained damages on over-the-counter equities. Therefore, on December 5, 2014, Scottsdale Capital Advisors settled this matter by paying the client $30,000 in damages.

Sibilla Employment Information

Sibilla has worked for Westpark Capital Inc. in Boca Raton, FL, as a securities broker since September 30, 2010.

Did Westpark Capital Inc. Securities Broker Victor Sibilla Cause You To Experience Damages?

Did you sustain damages because of Victor Sibilla? If so, contact Soreide Law Group at (888) 760-6552 and consult with a securities lawyer regarding a possible recovery of your investment losses or other damages. Soreide Law Group, who has successfully recovered money for hundreds of investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Sibilla and brokerage firms Sibilla worked for deny accusations of sales practice violations.

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