Securities Arbitration Investment Fraud Lawyers » Misappropriation of Funds » Laidlaw Accused Of Selling Unsuitable Private Placements

Financial newspaper

JeanPierre Ayala (also known as JP Ayala) of Boca Raton Florida a stockbroker formerly registered with Laidlaw Company (UK) Ltd. is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought $100,000.00 in damages founded upon accusations that Ayala sold unsuitable investments, including private placements, stocks, and over-the-counter equities while he was employed by Laidlaw Company. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-00318 (February 16, 2021).

This is not the first customer to have complained about Ayala’s sales practices while registered with a securities broker dealer. FINRA Public Disclosure shows that a customer initiated investment related FINRA securities arbitration claim regarding Ayala’s activities was settled for $25,000.00 in damages based on allegations that between 2013 and 2017, Ayala made unsuitable sales and misrepresentations. FINRA Arbitration No. 18-03260 (June 10, 2020). The claim alleges that the customer sustained damages on private placement, real estate securities, common and preferred stock, and over-the-counter equity transactions at Laidlaw Company.

Ayala was employed by Laidlaw Company between October 4, 2012, and September 20, 2017. Between August 28, 2017, and January 3, 2020, Ayala was employed by WestPark Capital Inc. Since January 3, 2020, he has been registered with I-Bankers Direct LLC.