Advisor Alert: Our Attorneys Are Investigating Vikas (Vik) Goel For Investment Fraud
Did You Lose Money Because of Vikas (Vik) Goel?
Filed: February 21, 2024
Vikas Goel (also known as Vik Goel) has been the subject of two (2) regulatory events, one (1) termination event, and three (3) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Vikas Goel.
Who Is Vikas Goel of Westpark Capital, Inc.?
- Advisor Name: Vikas Goel
- Aliases: Vik Goel
- CRD: 3165104
- Location: Irvine, California
- Current Employer: Westpark Capital, Inc.
- Previous Firms: Newport Coast Asset Management and LPL Financial LLC
- Number of Known Customer Complaints: 3
- Number of Known Regulatory Events: 2
- Number of Known Termination Events: 1
- Can Vikas Goel Be Sued: Yes, in Private Arbitration
- Can Vikas Goel’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $28,800
- Highest Settlement: $14,999
If you have suffered investment losses by Vikas Goel, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Vikas Goel For Broker Misconduct
As of this publication date, Vikas Goel has been the subject of 2 regulatory events, 1 termination event, and 3 customer disputes. Let’s review them below.
In March 2023, a complaint was filed against or in reference to Vikas Goel by a customer of Westpark Capital, Inc. alleging that Mr. Goel omitted material information and misrepresented the GWG L Bond that the client purchased in April 2018. Per the customer, she lost over $28,800 because of Mr. Goel’s actions. On June 30, 2023, Mr. Goel settled the claim for $14,999, and some or all of this amount may have been paid by Mr. Goel’s employer and/or insurance carrier.
In July 2014, FINRA initiated a regulatory action against or in reference to Vikas Goel for allegedly falsifying customer documents by obtaining and maintaining pre-signed customer forms.
In September 2011, LPL Financial LLC terminated Vikas Goel for violation of the firm’s document signature policy.
In August 2011, FINRA initiated a regulatory action against or in reference to Vikas Goel for allegedly placing a customer’s signature on two firm documents in connection with two annuity purchases without the customer’s knowledge or consent
In October 2009, a complaint was filed against or in reference to Vikas Goel by a customer of Chase Investment Services Corp alleging forgery and suitability in regards to a variable annuity investment. Per the customer, he/she lost over $12,642.92 because of Mr. Goel’s actions.
In November 2008, a complaint was filed against or in reference to Vikas Goel by a customer of Wamu Investments, Inc. alleging that Mr. Goel misrepresented the annuity she purchased in November, 2007.
How To File A Claim Against Vikas Goel of Westpark Capital, Inc. (previously with Newport Coast Asset Management and LPL Financial LLC) To Get Your Money Back
If you have questions about Vikas Goel, Westpark Capital, Inc., Newport Coast Asset Management, LPL Financial LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.