July 2019, New York, NY
According to publicly available records Leonard Vincent Gallick, Jr. (CRD#2593465) , a stockbroker currently registered with Worden Capital Management , disclose 6 prior customer disputes and 1 pending customer dispute.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Gallick’s prior customer disputes include:
NASD (now FINRA) case #01-06418, filed on behalf of a J.P. Turner and Company customer, alleged unsuitable investments, unauthorized trading, fraudulent inducement and breach of fiduciary. The award was $56,000.
NASD (now FINRA) case #02-00957, filed on behalf of a Josephthal & Co., Inc. customer, alleged unsuitability, breach of contract, fraud, negligent misrepresentation, unauthorized margin trading, breach of fiduciary duty and malpractice. The award was $90,000, half of which was paid by Gallick individually.
In December of 2014, FINRA case #14-03708 was filed on behalf of a Gunnallen Financial customer alleging excessive trading and commissions. The case was settled for $350,000, all of which was paid by Gallick individually.
In May of 2013, FINRA case #13-00735 was filed on behalf of a Laidlaw & Co (UK), Ltd. customer who alleged unsuitable trading. The case was settled for $350,000 with $161,237 being paid by Gallick individually.
Leonard Gallick, Jr. has been employed by Worden Capital Management since 11/ 2018 . He was previously employed with Laidlaw & Company (UK) Ltd., from October 2009 until August 2016. Before that he was with Gunnallen Financial, J.P. Turner & Company, and Josephthal & Co., Inc. . Gallick discloses business affiliations with Mystic Landholdings Corp., Argus Medical Management and Labyrinth Capital.
If you have questions about an investment account handled by Leonard Gallick, Jr. , contact us for a no charge consultation to learn about your legal options.
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