Investment fraud is a serious matter, and allegations of such should not be taken lightly. In this article, we delve into the case of a pending customer dispute involving Western International Securities, Inc. and Alex Mathis, a broker and investment advisor associated with the company. We’ll break down the complex world of investment fraud, highlighting the red flags you should look out for, and explain how you can recover your losses with the help of the experienced team at Haselkorn & Thibaut.
What’s the Allegation?
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On June 1, 2023, a customer dispute was lodged against Alex Mathis of Western International Securities, Inc. The claimant alleges unsuitable recommendations, leading to a loss of $5,000. The dispute is currently pending, with the case number being 2235598. The investment in question involves a Real Estate Investment Trust (REIT).
Why Should You Be Concerned?
Investment fraud is a serious allegation that can have severe repercussions for investors. It’s essential to understand what constitutes investment fraud and the red flags that can signal it. Some of these red flags include unsolicited investment offers, promises of guaranteed returns, and pressure to act quickly. In this case, the allegation of unsuitable recommendations falls under the umbrella of investment fraud. This means that the investment advice given was not in line with the client’s financial situation, goals, or risk tolerance.
Who’s Investigating the Case?
The law firm of Haselkorn & Thibaut is currently investigating the allegations against Alex Mathis and Western International Securities, Inc. With over 50 years of experience and a 98% success rate, Haselkorn & Thibaut is a national investment fraud law firm with offices in Florida, New York, North Carolina, Arizona, and Texas. They specialize in helping investors recover their losses.
How Can You Benefit From This Information?
Understanding the seriousness of investment fraud allegations and knowing the red flags can help protect you from potential financial harm. If you’ve been a victim of investment fraud, you can take steps to recover your losses. FINRA Arbitration is one such avenue for recovery. It’s a quicker and more cost-effective alternative to traditional litigation.
Haselkorn & Thibaut can guide you through this process. They offer a free consultation and operate on a “No Recovery, No Fee” policy, meaning you won’t be charged unless they successfully recover your losses. You can reach them at 1-800-856-3352.
Investment fraud is a grave matter. By understanding the red flags and knowing your rights, you can protect yourself and take action if you fall victim. With the help of experienced firms like Haselkorn & Thibaut, recovery is possible.
