Thomas Edward Jandt, of Irvine, California, a stockbroker registered with Westpark Capital Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $825,000.00 in damages based upon allegations that Jandt breached his fiduciary duties, made unsuitable recommendations, churned accounts, and made misrepresentations of material fact in connection with the sale of securities during the time that Jandt was associated with Westpark Capital Inc. FINRA Arbitration No. 19-01345 (March 11, 2020).
This is not the first time that Jandt has been referenced in a customer initiated investment related dispute concerning Jandt’s conduct in the securities industry. FINRA Public Disclosure shows that Jandt was also referenced in a customer initiated investment related complaint that was settled on May 14, 2003, for $83,000.00 in damages based upon allegations that Jandt caused the customer to incur a penalty on an IRA withdrawal when Jandt was associated with Tradeway Securities Group Inc.
Jandt has been associated with Westpark Capital Inc. as a stockbroker since July 20, 2016, and as an investment advisor representative since July 18, 2016.
