NEW HAVEN — A federal court jury has found a Westport investment firm guilty of defrauding clients.

The jury in March found that Westport Capital Markets, LLC, a Connecticut-based investment advisory firm, and its owner, Christopher E. McClure, defrauded their advisory clients by repeatedly purchasing securities that generated significant undisclosed compensation, enriching themselves at their clients’ expense.

Westport Capital Markets has its office at 257 Riverside Ave. in Westport. It was prosecuted by the Securities and Exchange Commission.

McClure could not be reached for comment.

A federal judge previously ruled Westport Capital and McClure failed to disclose their conflicts of interest and that Westport Capital made, and McClure aided and abetted, unauthorized principal transactions.

“Investment advisers cannot mislead their clients about conflicts of interest,” said Adam Aderton, co-chief of the SEC’s Asset Management Unit. The “jury verdict underscores the well-settled principle that investment advisers must provide accurate information so that their clients can make informed decisions.”