David Gary Simon of Crystal Bay, Nevada, a stockbroker registered with Western International Securities Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $68,000.00 in damages based upon allegations that Simon made misrepresentations of material fact in connection with the sale of “corporate bonds” when Simon was associated with Western International Securities Inc. FINRA Arbitration No. 22-01855 (November 16, 2023).
This is not the first time that Simon has been referenced in a customer initiated investment related dispute concerning his conduct in the securities industry. FINRA Public Disclosure shows that Simon was also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $73,000.00 in damages based upon allegations that Simon made unsuitable recommendations in “corporate bonds” during the time that Simon was associated with Western International Securities Inc. FINRA Arbitration No. 22-01850 (September 23, 2023).
Simon is also referenced in a customer initiated investment related civil action in Los Angeles Superior Court where the customer requested $115,000.00 in damages based upon allegations that Simon provided unsuitable advice to the customer about “corporate bonds” when Simon was associated with Western International Securities Inc. Civil Action No. 23VECV02979 (July 19, 2023).
Simon has been associated with Western International Securities Inc. in Crystal Bay, Nevada since January 23, 2004. He has also been associated with Western International Securities in Crystal Bay, Nevada since July 30, 2007.
