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Laidlaw & Company Discloses Regulatory Matters & Customer Disputes

May 2019

According to publicly available records  Laidlaw & Company (UK) Ltd.  , a FINRA registered broker dealer discloses 5 prior regulatory events and 2 prior customer arbitrations.

The Financial 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.

The prior regulatory matters include:

  • In May 2018 FINRA censured Laidlaw and assessed a fine of $25,000 to resolve allegations that the firm’s supervisory system related to the recommendation of leveraged and inverse traded funds was inadequate.
  • In February 2012 FINRA censured Laidlaw and assessed a fine of $65,000 to resolve allegations that the firm’s policies and procedures related to the Bank Secrecy Act  were inadequate.

In FINRA arbitration #17-0880 a customer was awarded $297,000 to resolve allegations that Laidlaw failed to properly supervise the management of an account resulting in unsuitable investment recommendations.

Laidlaw & Company

Laidlaw & Company has their main office in London, England, with branch offices in New York City, San Francisco, CA, Boca Raton, FL, Greenwich, CT, Melville, NY and Boston, MA.

According to FINRA records current owners and executive officers are:

  • Laidlaw Holdings, Owner
  • John Coolong, CCO/CFO
  • Matthew Eitner, CEO
  • Michael S. Marino, FINOP
  • Hugh Regan, Director
  • Alex Shtaynberger, National Branch Manager
  • Peter Silverman, SEO/ Branch Manager

If you have questions about an investment account at Laidlaw & Company, contact us for a no charge consultation to learn about your legal options.

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870`

Losses on UBS Yield Enhancement Strategy? (UBS YES)- How to Recover Damages

May 2019

Investors who have suffered losses as a result of investing in the UBS Yield Enhancement Strategy program (UBS YES Trading Program) may be able to recover damages through FINRA arbitration.

The Yield Enhancement Strategy was offered by UBS to high net worth investors and touted as an option based trading strategy designed to generate returns by the sale and purchase of SPX index option spreads.

Recently investors in the UBS YES trading program have experienced significant losses and may be facing margin calls or the requirement to put up additional collateral.

We are currently investigating whether the risks associated with investing in the UBS YES program were adequately disclosed and whether the recommendation to invest in the program was suitable for certain investors.

If you have losses on the UBS YES trading program and believe that the risks were not adequately disclosed to you or that the recommendation was not suitable for your investment objectives, we may be able to help you recover damages.  Call for a no obligation discussion of your options with an experienced securities attorney.

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Ex-Pat With Losses in Your U.S. Brokerage Account? How to Recover Damages.

April 2019

If you are an expat residing in Mexico, United Kingdom, Europe, Australia, the Caribbean, South America, Costa Rica or anywhere else on the planet, and have suffered losses in your U.S. brokerage account, we may be able to help you recover damages.

Disputes with brokerage firms for financial advisor negligence and fraud are generally pursued in arbitration with the Financial Industry Regulatory Authority (FINRA). Unlike court litigation, FINRA arbitration generally is much quicker and far less costly than court litigation.

Cases are typically concluded in 18 months or less and unlike court litigation, you generally do not need to be present in the States until the time of the final hearing or settlement conference.

Most cases are handled on a contingent fee basis and costs are minimal.

Over the years we have represented expats residing from Mexico, South America, Europe, United Kingdom, the Channel Islands and beyond.

If you have losses due to unsuitable recommendations or the negligence of your financial advisor , call to learn about your options for recovery of damages.

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870