UPDATE FEBRUARY 2017-FINRA records disclose that arbitration 16-00849, discussed below, was settled for a payment $295,000 by Dawson James Securities.
ORIGINAL POST-May 2016-Ft. Lauderdale, FL
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.
According to FINRA records, Patrick H. Maddren , has been registered with Laidlaw & Company since 8/2012. Prior to that he was registered with Dawson James Securities from 8/2009-8/2012.
Patrick H. Maddren discloses on his FINRA records disclose that FINRA Case 16-0849 is currently pending. The customer alleges that while Maddren was registered with Dawson James Securities he failed to follow instructions, made material misrepresentations and omissions, traded the account excessively, charged excessive commissions, traded without authority and made unsuitable recommendations. Damages are alleged to be $1,000,000.
If you have losses in an account handled by Patrick H. Maddren, contact us to learn how you may be able to recover damages through FINRA arbitration.
Rex Securities Law Investment Fraud Attorney Investigates Dawson James Securities
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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