Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Rappaport (Rappaport), currently associated with Westpark Capital, INC., has at least one disclosable event. These events include one customer complaint, alleging that Rappaport recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $130,000.00 on October 22, 2024.
Customer specifically alleges that as CEO of WestPark Capital I failed to establish, implement, and maintain an adequate system\, of supervision over Wimsatt and Wimsatt’s supervisor. In addition the customer claims as CEO I am liable for negligent supervision at WestPark.