Patrick McLaughlin— Alleged Unauthorized & Excessive Trading

Patrick John McLaughlin Allegedly Engaged in Unauthorized & Excessive Trading in Unsuitable Investments; $300K in Damages Requested

Patrick McLaughlin allegedly engaged in unauthorized and excessive trading in unsuitable investments, according to a pending Customer Dispute filed on McLaughlin’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.

The aforementioned dispute was filed on December 3, 2018, FINRA states, and is requesting damages of $300,000, FINRA states.

Investor rights attorney Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Patrick McLaughlin’s alleged unauthorized and excessive trading in unsuitable investments. Investors who believe they may have lost money in activity related to Patrick McLaughlin’s alleged unauthorized and excessive trading in unsuitable investments are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Patrick McLaughlin Settled a Case Alleging Material Misrepresentations & Omissions, Negligence and/or Gross Negligence; $110K in Damages Rewarded

Patrick McLaughlin allegedly engaged in material misrepresentations and omissions, negligence and/or gross negligence, violation of the Securities Exchange Act, according to a settled Customer Dispute filed on McLaughlin’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.

Said case was filed on January 16, 2018, and damages of $970,000 were requested, FINRA notes. The case was ultimately settled for $110,000, FINRA states.

Patrick McLaughlin has three disclosures in his 27 years in the securities industry with seven different firms, according to his FINRA BrokerCheck Report.

Patrick McLaughlin has worked with Stifel, Nicolaus & Company, Inc. in Boca Raton, Florida since November 21, 2008, FINRA notes.

McLaughlin was also registered with McLaughlin, Piven, Vogel Securities, Inc. in New York, New York from January 1, 1999 until December 31, 2008, and with Heartland Securities Corp. in Edison, New Jersey from April 21, 1998 until December 3, 1998, FINRA reports.

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints mentioned in this article, unless otherwise indicated.

Securities Lawyer Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Patrick McLaughlin’s alleged unauthorized and excessive trading in unsuitable investments. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Patrick McLaughlin’s alleged unauthorized and excessive trading in unsuitable investments may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.

DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

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