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Broker Lawrence Labine (Larry Labine) Securities Lawsuits

Summary

Larry Labine, Scottsdale Broker, reportedly has 25 Customer Complaints filed against him.

Have you suffered losses investing with Larry Labine and Newbridge Securities?

The White Law Group is investigating potential securities fraud claims involving financial advisor Lawrence Labine (Larry Labine) in Scottsdale, Arizona, and the liability his employers may have for failure to supervise him.

According to the Financial Industry Regulatory Authority (FINRA, on April 25, 2017, the regulator indicated that the Arizona Corporation Commission Securities Division reportedly revoked Labine’s license as an investment adviser representative and as a securities salesman.

According to his FINRA BrokerCheck report, Labine was reportedly affiliated with Newbridge Securities in Scottsdale, Arizona from 2010 until 2016. Labine reportedly has 25 customer complaints filed against him during his career in the securities industry. Allegations include unsuitable investments, negligence and breach of fiduciary duty, and excessive commissions, among others.

He reportedly has 6 regulatory events, 3 judgement/liens and 2 employment separations on his broker profile as of today’s date.

The White Law Group continues its investigation of potential securities fraud claims involving Larry Labine and the liability his former employer, Newbridge Securities, may have for failure to properly supervise him.

Under FINRA rules and regulations, Broker-Dealers are responsible for supervising the actions of those advisors registered with their firm, and therefore may be held liable for the actions of their Broker(S).

For a free case evaluation or to discuss any other investment losses, please contact the securities attorneys at The White Law Group, at 888-637-5510, or visit us on the web at www.whitesecuritieslaw.com.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.