February 2018- Ft. Lauderdale, FL
The FINRA records of Patrick Henry Maddren, a stockbroker with Westpark Capital, who was formerly employed by Dawson James Securities and Laidlaw & Company, disclose a settled customer dispute and outstanding liens.
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.
In FINRA Case 16-00849, filed in March 2016, a customer of former employer, Dawson James Securities , alleged “failure to follow instructions, material misrepresentations and omissions, excessive trading and commissions, unauthorized trading, unsuitable recommendations and breach of contract”. That case was settled for $295,000.
Maddren discloses currently outstanding tax liens of $75,630 to the State of New York and $225,256 to the Internal Revenue Service.
Maddren was employed by Dawson James Securities from August 2009 to August 2012, by Laidlaw & Co. (UK) Ltd. from August 2012 to August 2017 and is currently employed by WestPark Capital .
If you have losses in an account in an account handled by Patrick Henry Maddren, contact us to discuss how you may be able to recover damages for those losses.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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