DID DAVID MICHAEL MURRAY CAUSE YOU INVESTMENT LOSSES?
David Murray Formerly With Monmouth Capital Management LLC, Worden Capital Management LLC, And Laidlaw & Company (UK) Ltd. Has 5 Customer Complaints For Alleged Broker Misconduct
Who is David Murray formerly with Monmouth Capital Management LLC?
David Murray (CRD #1870050) who was formerly registered with Monmouth Capital Management LLC and located in Point Pleasant Beach, New Jersey is a subject of one of our many securities industry sales practice abuse investigations. Prior to Monmouth Capital Management LLC, David Murray was associated with Worden Capital Management LLC, Laidlaw & Company (UK) Ltd., and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
David Murray Customer Complaints
David Murray has been the subject of 5 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. Three of David Murray’s 5 customer complaints were settled in favor of investors. One of David Murray’s customer complaints was denied, and, to date, the customer has not taken any further action. There is currently 1 pending customer complaint filed against David Murray’s former employer Laidlaw & Company (UK) Ltd. for investment losses caused by the alleged misconduct.
Allegations Against David Murray
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Unsuitable investment recommendations, overconcentration and excessive trading of common and preferred stocks
- Unauthorized trading
- Misrepresentation of over-the-counter securities
- Overconcentration, unsuitability and excessive trading of common and preferred stocks
David Murray Red Flags & Your Rights As An Investor
Of course, David Murray did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of David Murray at Monmouth Capital Management LLC, Worden Capital Management LLC, and Laidlaw & Company (UK) Ltd. on alert to review carefully the activity and performance of their accounts and question whether David Murray has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Monmouth Capital Management LLC, Worden Capital Management LLC, and Laidlaw & Company (UK) Ltd. also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim To Recover Your Investment Losses At Monmouth Capital Management LLC Due To David Murray
If you have questions about Monmouth Capital Management LLC, Worden Capital Management LLC, Laidlaw & Company (UK) Ltd., and/or David Murray and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.