Category Archives: Westpark Capital

Neil D. Pecker of Longwood, Florida, Ordered to Pay Millions in Fines/Restitution

UPDATE MARCH 2017-Longwood, FL

Public records disclose that on March 8, 2017, in an action filed by the U.S. Commodity Futures Trading Commission in the U.S. District Court for the Southern District of Florida, a consent order was entered against Neil D. Pecker and his company Viseon Financial Planners , who were charged with fraudulent solicitation and misappropriation in connection with off-exchange binary options. Restitution of $2.7 million and a civil monetary penalty of $3..7 million were ordered. Case# 16-cv-60297. 

Pecker was permanently barred from the securities industry by FINRA in 12/2016.

ORIGINAL POST-July 2016-Longwood, Florida

The FINRA records of Neil D. Pecker  , a stockbroker who was last  employed by  Coastal Equities  disclose a pending civil event and a prior customer dispute.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In February 2016 the U.S. Commodity Futures Trading Commission filed a civil action against Pecker and his company Vision Financial Partners, of Deerfield, FL,  charging them with fraud in connection with off-exchange binary options and registration violations. Pecker and his company are alleged to have diverted $2 million of client funds to bank accounts for their own use.

Pecker was employed by a number of broker dealers over the recent years, including Coastal Equities, Westpark Capital, Newport Coast Securities and First Midwest Securities.

Investors who suffered losses in an account handled by Neil D. Pecker may be entitled to recover damages from his former employer through FINRA arbitration.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Sean W. Mollard-Former Dawson James Broker-Discloses $1M Customer Dispute

Boca Raton, Florida

According to FINRA records,  Sean W. Mollard   a stockbroker  who  is currently employed by Westpark Capital, Inc. , discloses a pending customer dispute. He also discloses a final regulatory event .

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In currently pending FINRA Case 16-000849, a customer while Mollard was employed by Dawson James Securities,  alleges damages of $1,000,000 for failure to follow instructions, material misrepresentations and omissions, excessive trading and commissions, unauthorized trading, unsuitable recommendations and breach of contract.

In 2014, Mollard was fined $5,000 and suspended for six months.  These sanctions were imposed to resolve FINRA allegations that Mollard failed to timely respond to FINRA requests for information and documents. It was not until FINRA issued a Notice of Suspension to Mollard that he responded to the requests. FINRA Case#2012034500102.

According to FINRA records Mollard has been registered with Westpark Capital since 9/2014.. His previous registration history includes:
7/2013-12/2013 Aegis Capital 
5/2007-9/2012 Dawson James Securities
8/2006-5/2007 Chicago Investment Group

If you have questions about an account handled  by Sean W. Mollard, call for a no charge consultation.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

David James LeDoux-Boca Raton StockBroker Sanctioned For Failing to Report Tax Liens

June 2, 2015-Boca Raton, FL

David James LeDoux ,  entered into a Letter of Acceptance Waive and Consent (AWC)  with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that  he failed to update FINRA records to reflect six tax liens totaling over $184,000.

LeDoux was fined $5,000 and suspended from association with any FINRA member for 45 days.

Disciplinary Proceeding NO. 2014041744701

According to FINRA records , LeDoux is currently registered with Westpark Capital in Boca Raton, FL. He was previously registered with National Securities Corporation from 6/2001-8/2014.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Boca Raton Broker Sean Mollard Fined and Suspended by FINRA

Boca Raton, Florida

UPDATE June 2016-Mollard discloses $1M customer arbitration. See this for more details. 

In March 2014 the Financial Industry Regulatory Authority fined Boca Raton , FL , broker Sean Wesley Mollard $5,000 and suspended him for six months.

 These sanctions were imposed to resolve FINRA allegations that Mollard failed to timely respond to FINRA requests for information and documents. It was not until FINRA issued a Notice of Suspension to Mollard that he responded to the requests.
According to FINRA records Mollard is not currently registered . His previous registration history includes:
7/2013-12/2013 Aegis Capital 
5/2007-9/2012 Dawson James Securities
8/2006-5/2007 Chicago Investment Group

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870