Kevin Richard Wilson of New York New York a stockbroker formerly associated with Laidlaw Company (UK) Ltd. has been referenced in a customer initiated investment related arbitration claim in which the customer requested $1,600,000.00 in damages supported by allegations that the customer had been placed into unsuitable private placements from 2011 to 2017 during the period in which Wilson was employed by Laidlaw Company. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-01855 (Nov. 5, 2019). According to the claim, the customer’s assets were overconcentrated in private placements.
FINRA Public Disclosure reveals that Wilson has been identified in seven additional customer initiated investment related disputes concerning accusations of his misconduct when the stockbroker was employed by Laidlaw Company. On December 21, 2017, a customer filed an investment related complaint in reference to Wilson’s conduct where the customer sought $75,000.00 in damages based upon accusations of misrepresentation relating to a private placement purchase initiated by Wilson.
Wilson is the subject of another customer initiated investment related arbitration claim on Oct. 4, 2018 in which the customer requested $2,000,000.00 in damages based upon allegations that between 2010 and 2017, the customer’s private placement holdings were not appropriate and had resulted in the customer’s losses. FINRA Arbitration No. 18-03062. On February 11, 2020, a customer initiated investment related arbitration claim involving Wilson’s conduct was settled for $85,000.00 in damages supported by allegations of bad advice by the stockbroker from 2014 to 2017 as it pertained to investments in common and preferred stock as well as over-the-counter equities. FINRA Arbitration No. 18-03970.
Wilson has also been identified in a customer initiated investment related arbitration claim where the customer sought $440,000.00 in damages founded on accusations that alternative investments sold by Wilson from 2012 to 2017 had failed to be suitable for the Laidlaw Company customer. FINRA Arbitration No. 19-00842 (Mar. 28, 2019). An additional customer filed an investment related arbitration claim concerning Wilson’s activities where the customer sought $300,000.00 in damages founded on accusations of private placement overconcentration and unsuitability as it pertained to the customer’s holdings between 2010 to 2017. FINRA Arbitration No. 19-01035 (May 1, 2019).
On May 7, 2019, another customer filed an investment related arbitration claim pertaining to Wilson’s conduct in which the customer requested $90,405.00 in damages supported by allegations that unauthorized over-the-counter equities transactions were effected in the customer’s account. FINRA Arbitration No. 19-01199.
Wilson’s employment with Laidlaw Company was terminated on September 5, 2017. Between August 7, 2017 and December 10, 2019, he was registered with National Securities Corporation. Since November 29, 2019, he has been registered with Worden Capital Management LLC.
