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David Ledoux Has FINRA Sanction

David Ledoux Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on June 6, 2016 indicate that Florida-based Westpark Capital broker David Ledoux has been the subject of customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Ledoux (CRD# 2513636).

David Ledoux has spent 21 years in the securities industry and has been registered with Westpark Capital in Boca Raton, Florida since 2014. Previous registrations include National Securities Corporation in Boca Raton, Florida (2001-2014); FAS Wealth Management Services in Sarasota, Florida (1998-2001); and Biltmore Securities, which has since been expelled by FINRA, in Ft. Lauderdale, Florida (1994-1998). He is a registered broker with 13 US states and territories: California, Connecticut, Florida, Idaho, Iowa, Maryland, Minnesota, Nebraska, New Jersey, New York, Oklahoma, Pennsylvania, and Texas.

According to his BrokerCheck report, David Ledoux has received five customer complaints and one regulatory sanction.

In June 2015, FINRA sanctioned David Ledoux following allegations he failed to timely update his Form U4 to reflect liens filed against him. He was issued a 45-day suspension and a fine of $5,000.

In 1999, a customer alleged David Ledoux, while employed at FAS Wealth Management Services, committed fraud, made unsuitable recommendations, and misrepresented material facts related to an investment. The complaint settled in 2000 for $80,000.

In 1999, a customer alleged David Ledoux, while employed at FAS Wealth Management Services, made unsuitable recommendations, engaged in churning, and failed to follow express orders. The complaint settled for more than $19,300.

In 1998, a customer alleged David Ledoux violated the Securities Exchange Act. The complaint settled for $130,000.

In 1997, a customer alleged David Ledoux, while employed at Biltmore Securities, breached his fiduciary duty, failed to supervise, and misrepresented material facts related to an investment. The complaint settled in 1998 for $60,000.

In 1997, a customer alleged David Ledoux, while employed at Biltmore Securities, made unsuitable recommendations, breached his fiduciary duty, and misrepresented and omitted material facts related to an investment. The complaint settled in 1998 for $125,000.

If you have lost money investing with David Ledoux, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.