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.
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.