NEWPORT BEACH, CALIFORNIA
Have you lost money with financial advisor Gregory McCloskey of Newport Beach, California? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority. FINRA barred Gregory McCloskey regarding allegations that he engaged in private securities transactions. McCloskey was alleged to have sold investments in a wireless network company.
Gregory McCloskey was a financial advisor and registered representative of Westpark Capital from July 2016 to November 2019. He worked at branch offices in Newport Beach, California. McCloskey was also the subject of a FINRA investigation in 2017.
Brokerage firms like Westpark Capital 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; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout California. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Westpark Capital.