Investors Sue Laidlaw Company For Churning

stockbrokerfraud7 - Investors Sue Laidlaw Company For Churning

Ryan Seth Wiener of Fort Lauderdale Florida a stockbroker formerly employed by Laidlaw Company (UK) Ltd. is the subject of a customer initiated investment related arbitration claim which was resolved for $30,000.00 in damages founded on allegations that (1) unauthorized stock and over-the-counter equities transactions had been effected in the customer’s account and (2) the customer’s investment portfolio had been churned. Financial Industry Regulatory Authority (FINRA) Arbitration No. 16-00734 (June 8, 2016).

FINRA Public Disclosure additionally reveals that on January 6, 2016, a customer filed an investment related complaint concerning Wiener’s conduct in which the customer sought $55,000.00 in damages based upon accusations of negligent account management and misrepresentations pertaining to the customer’s equity portfolio while Wiener was registered with Laidlaw.

Prior to registering with Laidlaw, Wiener was associated with Hunter Scott Financial, LLC – a brokerage firm that was expelled by FINRA for failing to pay a fined assessed by FINRA for mischaracterizing charges assessed to customers for investing. Letter of Acceptance, Waiver and Consent No. 2012034690901 (June 14, 2013).

Wiener’s registration with Laidlaw was terminated on December 22, 2015. He was employed by Joseph Stone Capital L.L.C. between March 25, 2016 and July 22, 2016. Since June 13, 2018, Wiener has been employed by Westpark Capital, Inc.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer

Guiliano Law Group

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com