Tennessee-based broker Thomas Lawrence III (CRD# 1839619) is accused of stockbroker misconduct in a pending customer complaint and a pending FINRA complaint. These complaints are part of public records provided by FINRA (Financial Industry Regulatory Authority).
Thomas Lawrence is not currently registered, but was registered with Ameritas Investment Corporation in Chapel Hill, Tennessee from 2006 to 2016.
A customer filed a complaint in November 2016, alleging Lawrence made fraudulent misrepresentations, omitted material facts, failed to monitor accounts, made unsuitable investments, failed to supervise the accounts, and breached his fiduciary duty. Thomas Lawrence also allegedly borrowed money from the customer, who seeks $499,364 in damages.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
FINRA initiated a complaint in July 2017 in which FINRA alleged Lawrence borrowed more than $39,000 from a 96-year-old retiree who was one of his Ameritas customers and failed to repay the loan. The pending FINRA complaint says Lawrence was strictly prohibited from “borrowing” from customers and Lawrence was well aware of this policy.
Meyer Wilson is a law firm nationally recognized for its high professional standards and above-average settlements. Our trusted securities attorneys can help you regain what you have lost.
If you believe you have been a victim of stockbroker misrepresentation and suffered monetary losses as a result, call the attorneys at Meyer Wilson today for a case evaluation at no cost to you.
Related Posts:
- Kim Dee Isaacson Permanently Barred by FINRA
- Former Edward Jones Broker James Vincent Marino Accused of Theft from Client
- Chad D. Hornday Accused of Selling Away, Barred by FINRA
Recovering Losses Caused by Investment Misconduct.
