Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on July 20, 2017 indicate that California-based Western International Securities broker/adviser Dennis Mehringer has received a pending FINRA complaint and several resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Mehringer (CRD# 722569).
Dennis Mehringer has spent 35 years in the securities industry and has been registered with Western International Securities in Pasadena, California since 2009. Previous registrations include First Allied Securities in Pasadena, California; FSC Securities in Atlanta, Georgia; Walnut Street Securities in El Segundo, California; Equico Securities in New York, New York; and the Equitable Life Assurance Society of the United States in New York, New York. He is a registered broker and investment adviser with six US states and territories.
According to his BrokerCheck report, he has received four customer complaints, one pending customer complaint, and one pending FINRA complaint.
In May 2017 a customer alleged Dennis Mehringer, while employed at Western International Securities, recommended a fixed income investment with whose performance the customer was unhappy. The complaint settled for $62,250.
In March 2017 a customer alleged Dennis Mehringer, while employed at Western International Securities, made unsuitable investment recommendations involving promissory notes. The customer is seeking more than $231,600 in damages in the pending complaint.
In December 2016 he was named respondent in a FINRA complaint alleging he settled a complaint away from his member firm, gave false responses to a firm questionnaire, and “made unsuitable recommendations that caused a customer to engage in excessively expensive short-term trading and intra-day switching of mutual fund Class A shares.” The complaint remains pending.
In 2014 a customer alleged he, while employed at Western International Securities, made unauthorized transactions and charged excessive commissions. The complaint settled for $290,000.
In 2012 a customer alleged Dennis Mehringer, while employed at Western International Securities, failed to diversify the account. The complaint settled for $81,296.
If you or someone you know has lost money investing with Dennis Mehringer, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: 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.