Recent allegations have surfaced against Alfred Vanderlaan and his firm Westpark Capital, Inc. These allegations are of a serious nature, indicating potential misconduct in the financial advising sector. The accusations include breach of fiduciary duty, negligence, breach of contract, failure to supervise, and negligence – violation of Regulation Best Interest. The alleged misconduct involves a sum of $50,000.
Understanding the Allegations
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In simple terms, a breach of fiduciary duty implies that Vanderlaan, as a financial advisor, may have failed to act in the best interests of his clients. Negligence refers to a lack of due diligence or care in performing his duties, while breach of contract suggests that he may not have fulfilled the terms agreed upon with his clients. The allegation of failure to supervise suggests that Westpark Capital, Inc. did not adequately oversee Vanderlaan’s actions, while the violation of Regulation Best Interest implies a breach of a rule designed to ensure advisors act in their clients’ best interests.
Haselkorn & Thibaut: Investigating the Case
Renowned investment fraud law firm Haselkorn & Thibaut is currently investigating the allegations against Vanderlaan and Westpark Capital, Inc. With offices in Florida, New York, North Carolina, Arizona, and Texas, this firm has over 50 years of experience in dealing with investment fraud cases. They have a stellar track record of successful financial recoveries for investors, boasting a 98% success rate.
- Haselkorn & Thibaut’s mission is to help investors recover losses.
- They are offering a free consultation to clients affected by this case. You can reach them at 1-800-856-3352.
- The firm operates on a “No Recovery, No Fee” policy, ensuring that clients do not have to pay unless they successfully recover their losses.
FINRA Arbitration: A Potential Solution
For investors who have suffered losses due to the alleged misconduct, there is a way to seek recovery. The Financial Industry Regulatory Authority (FINRA) Arbitration is a platform where disputes between investors and brokers can be resolved. It’s a more streamlined and less formal process than court litigation, making it a preferred choice for many investors.
In conclusion, the allegations against Alfred Vanderlaan and Westpark Capital, Inc. are serious and warrant thorough investigation. Haselkorn & Thibaut’s involvement in the case offers a glimmer of hope to affected investors, with their extensive experience and high success rate in recovering losses. Their free consultation and “No Recovery, No Fee” policy further underscore their commitment to helping investors.
