Gregory Lourdin of New York, a stockbroker registered with Newbridge Securities Corporation, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $12,500.00 in damages based upon allegations that Lourdin failed to supervise certain representatives, made unsuitable invesment recommendations, and was negligent in connection with the sale of securities during the time that Lourdin was associated with Newbridge Securities Corporation. FINRA Arbitration No. 23-02368 (January 31, 2024).
FINRA Public Disclosure shows that Lourdin is referenced in six other customer initiated investment related disputes concerning Lourdin’s conduct while associated with securities broker dealers. On December 26, 2006, a different customer filed a complaint involving Lourdin’s conduct in which the customer requested $13,012.00 in damages based upon allegations that Lourdin misused margin in connection with the sale of stocks when Lourdin was associated with First Republic Group LLC. The securities broker dealer closed this complaint without a resolution.
Lourdin was also referenced in a customer complaint that was settled on November 29, 2012, for $10,246.37 in damages based upon alleged unauthorized trading in the customer’s stock portfolio at National Securities Corp.
On February 27, 2013, another customer filed a complaint involving Lourdin’s conduct in which the customer sought compensation based upon allegations that Lourdin engaged in unauthorized trading in equities. This complaint was withdrawn.
Lourdin was also referenced in a FINRA securities arbitration claim that was settled for $7,250.00 in damages based upon allegations that Lourdin breached his fiduciary duties, engaged in unauthorized trading, made unsuitable recommendations, was negligent, and made omissions and misrepresentations in connection with the sale of equities. FINRA Arbitration No. 17-01644 (December 21, 2017).
Lourdin has been associated with Newbridge Securities Corporation in New York, New York since March 18, 2016.
