Attorneys Investigate WFP Securities and Western Financial Advisors For Allegedly Recommending Unsuitable Investments To Clients

Our attorneys have launched an investigation of California-based WFP Securities, Western Financial Advisors, and WFP Securities Corporation for allegedly recommending the purchase of unsuitable, highly speculative investments to their clients. Louis Schooler is believed to be the president of Western Financial Planning and his brother, John Evan Schooler, is believed to be president of WFP Securities and Western Financial Advisors. WFP Securities is located in Cornerstone Court in Sorrento Valley, California.

Investors who have suffered losses investing with any of these firms are encouraged to contact us to discuss their recovery options.

Upon information in belief, the firms failed to conduct thorough due diligence on certain securities that turned out to be Ponzi schemes and sold investors products that may not have been suitable for their investment needs.  The investments at issue include, but are not limited to Medical Capital, Desert Capital Real Estate Investment Trust, Provident Royalties, and other such investments. 

Our attorneys represent individual and institutional investors nationwide to recover their investment losses caused by securities fraud, unsuitable investment recommendations, breach of fiduciary duty, negligence or other misconduct. We have extensive experience representing investors in arbitration and litigation disputes with securities broker-dealers and investment advisory firms, and have recovered tens of millions of dollars for investors.

If you are an investor that has suffered losses investing with WFP Securities, Western Financial Advisors, Western Securities Corporation, Louis Schooler or John Evan Schooler, your losses may be recoverable through securities arbitration.  Please contact us at 312-332-0000 to discuss your recovery options.