Joel Dale Farnsworth of Los Angeles, California, a stockbroker associated with Wedbush Securities Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $4,200,000.00 in damages based upon allegations that Farnsworth was negligent and breached his fiduciary duty in connection with the sale of government bonds during the time that Farnsworth was associated with Wedbush Securities Inc. FINRA Arbitration No. 23-02027 (July 21, 2023).
This is not the first time that Farnsworth has been referenced in a customer initiated investment related dispute concerning Farnsworth’s conduct in the securities industry. FINRA Public Disclosure shows that Farnsworth was also referenced in a customer initiated investment related complaint that was settled on April 29, 2020, for $26,000.00 in damages based upon allegations that Farnsworth improperly benefited from the execution of a Transfer of Death (TOD) form when Farnsworth was associated with Wedbush Securities Inc.
Farnsworth has been associated with Wedbush Securities Inc. in Los Angeles, California since January 2, 2009.
