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Stephen Westlake Faces Complaint for REIT Investment

Stephen WestlakeThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investor who have complaints regarding California-based Ameriprise broker/adviser Stephen Westlake (CRD# 1435643).

Stephen Westlake has spent thirty years in the securities industry and has been registered with Ameriprise Financial Services in Granite Bay, California since 1985. He was previously registered with IDS Life Insurance Company in Minneapolis, Minnesota (2000-2006). He is a registered broker and investment adviser with 26 US states and territories.

According to his BrokerCheck report, Stephen Westlake is the subject of two customer complaints and five denied customer complaints.

  • In 2014 a customer alleged Stephen Westlake, while employed at Ameriprise Financial Services, misrepresented material facts related to a Behringer Harvard Opportunity II real estate investment trust (REIT). The customer sought $107,000 in damages in the complaint, which was denied.
  • In 2010 a customer alleged Stephen Westlake, while employed at Ameriprise Financial Services, recommended unsuitable mutual fund and and equities investments. The complaint reached a non-monetary settlement in 2012.
  • In 2003 a customer alleged Westlake, while employed at Ameriprise Financial Services, provided incorrect information. The customer sought $32,000 in damages in the complaint, which was denied.
  • In 2001 a customer alleged Stephen Westlake, while employed at Ameriprise Financial Services, provided incorrect information. The customer sought $100,000 in damages in the complaint, which was denied.
  • In 2001 a customer alleged Stephen Westlake, while employed at Ameriprise Financial Services, delayed in requesting a stock purchase. The customer sought more than $24,000 in damages in the complaint, which was denied.

If you or someone you know has a complaint regarding Stephen Westlake, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup losses. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free