Last Updated: December 2024 (Westlake Village, CA)
Gaylord Rohloff Investigation Summary
Here’s What You Need to Know About Westlake Village, CA Stockbroker Gaylord Wesley Rohloff:
- Name: Gaylord Wesley Rohloff
- Current Employer: Western International Securities, Inc.
- Prior Employers:
- Financial West Group (2003–2008)
- MML Investors Services, Inc. (1995–2003)
- Prudential Securities Incorporated (1986–1995)
- Function: Stockbroker / Financial Advisor/ Registered Investment Advisor
- Aliases: Gaylord Rohloff
- Primary Location: Westlake Village, CA
- CRD Number: 1542216
- Can Gaylord Rohloff Be Sued in FINRA Arbitration: Yes
- Sanctioned by FINRA: Yes
- Employment Separation After Allegations: Yes
- Highest Settlement or Award: $78,500
- Pending Customer Dispute: Seeks damages of $350,000
If you’ve sustained damages from Mr. Rohloff, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Gaylord Rohloff as Your Stockbroker?
Gaylord Rohloff has been the subject of numerous customer disputes and a regulatory sanction. Key disclosures include:
- Regulatory Sanction (1997): The Texas State Securities Board issued a consent order against Mr. Rohloff for failing to disclose a bankruptcy filing on his Form U-4 in a timely manner. The sanction included an official reprimand.
- Customer Settlements:
- $78,500 Settlement (2023): Allegations of negligence related to corporate debt investments. The matter was resolved through FINRA Arbitration (Docket #22-01888).
- $25,000 Settlement (2023): Claims of unsuitability and negligence involving a real estate investment trust (REIT).
- $52,551 Settlement (2002): Allegations of a delayed fund transfer related to a variable annuity.
- Pending Complaints:
- A customer dispute filed on July 31, 2024, alleges unsuitable recommendations involving real estate securities, with damages sought at $350,000.
- Another complaint filed on April 26, 2024, involves allegations of misrepresentation and unsuitability, with no specific damages listed.
- Employment Separation After Allegations:
- In 5/2008 Rohloff was “permitted to resign” from Financial West Group who alleged that he failed to disclose a customer complaint alleging unauthorized trading.
Other Cases Involving Unauthorized Trading
Allegations of Broker Misconduct Against Gaylord Rohloff
Customers and regulatory filings have alleged the following misconduct against Gaylord Rohloff:
- Negligence: Failing to act with due care in recommending or managing investments.
- Unsuitability: Recommending high-risk investments inappropriate for customers’ financial goals.
- Misrepresentation: Providing misleading information to clients regarding investment products.
- Unauthorized Trading: Trading in accounts without prior customer consent, leading to financial losses.
Relevant FINRA Rule 2111 (Suitability Rule) may apply to allegations of unsuitable recommendations, and FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade) underscores the ethical breaches involved.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Gaylord Wesley Rohloff, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.