Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on November 17, 2016 indicate that former Connecticut-based Investors Capital broker Lawrence Smith is currently not affiliated with any broker-dealer firm. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Smith (CRD# 2378563).
Lawrence Smith has spent 22 years in the securities industry and was most recently registered with Investors Capital in Stamford, Connecticut (2002-2016). Previous registrations include FFP Securiteis in Chesterfield, Missouri; WMA Securities in Duluth, Georgia; and Intersecurities in St. Petersburg, Florida. He is currently not registered with any state or firm.
According to his BrokerCheck report, Lawrence Smith has received three customer complaints and one pending customer complaint.
In March 2016 a customer alleged Lawrence Smith, while employed at Investors Capital, made unsuitable investment recommendations. The customer is seeking $200,000 in damages in the pending complaint.
In 2015 a customer alleged Lawrence Smith, while employed at Investors Capital, recommended an unsuitable oil and gas investment. The complaint settled in 2016 for $90,000.
In 2014 a customer alleged Lawrence Smith, while employed at Investors Capital, recommended an unsuitable investment in TSG debentures 2007-A. The complaint settled for $200,000.
In 2011 a customer alleged Lawrence Smith, while employed at Investors Capital, recommended an unsuitable investment in TSG real estate debentures. The complaint settled for $70,000.
If you or someone you know has lost money investing with Lawrence Smith, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.