Elizabeth Morrell, formerly with Western International Securities, Barred by FINRA
Have you lost money with financial advisor Elizabeth Ann Morrell? We are looking into allegations made about Elizabeth Morrell from Westlake Village, California. FINRA (the Financial Industry Regulatory Authority) barred Morrell from the securities industry. FINRA alleged that Morrell has failed to respond to its investigation regarding allegations that she sold investments in the Woodbridge Group of Companies without disclosing such to her former brokerage firm, Western International Securities. Woodbridge has gone bankrupt and has injured thousands of investors.
Elizabeth Morrell was a financial advisor and registered representative of Western International Securities from 2008 to February 2020. She worked in a branch office in Westlake Village, California. Morrell was also affiliated with Sycamore Wealth Management.
Brokerage firms like Western International Securities have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Ann Arbor, Michigan; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including throughout California. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Western International Securities.