George Lance Calhoun (also known as Dick Calhoun) of New York, New York, a stockbroker formerly registered with Laidlaw Company, is referenced in a customer initiated investment related written complaint on December 4, 2019, in which the customer sought $250,000.00 in damages supported by accusations that unauthorized trades were executed in the customer’s account by Calhoun between 2017 and 2019 during the time that he was associated with Laidlaw Company.
This is not the only time that Calhoun has been accused of unauthorized transactions. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that a customer initiated investment related complaint concerning Calhoun’s activities was settled to resolve allegations of Calhoun making unauthorized purchases of common or preferred stock using margin when he was employed by Charles Morgan Securities. The complaint alleges that Calhoun failed to follow the customer’s instructions.
Calhoun’s registration with Laidlaw Company has been terminated on June 6, 2019. Between June 10, 2019, and May 29, 2020, Calhoun was registered with Worden Capital Management. Calhoun has been registered with five different securities broker dealers who are defunct or expelled by regulators for violation of federal securities laws.
