Joseph M. Fedorko Jr., of New York, New York, a stockbroker with Laidlaw & Company, Ltd. is subject to a customer dispute filed on August 8, 2016, in which he was alleged by the customer to be responsible for the customer’s investment losses on bond investments. Prior to this action, Fedorko was also subject to a customer dispute filed in 2013, in which the customer requested $90,000.00 in damages based upon the allegations that Fedorko engaged in the unauthorized and unsuitable trading in the customer’s account, as well as the unauthorized use of margin.
FINRA BrokerCheck reveals that Fedorko has settled numerous customer disputes. Particularly, on March 27, 2014, Fedorko settled a customer dispute for $120,000.00 after the customer alleged that Fedorko made unsuitable investment recommendations. On November 26, 2012, Fedorko settled a customer dispute for $120,000.00 in damages after the customer alleged that Fedorko committed negligence, and breached his fiduciary duty and contractual obligations to the customer pertaining to the customer’s investments.
On May 13, 2011, Fedorko settled a customer dispute for $490,000.00 after the customer alleged that Fedorko engaged in unsuitable and excessive trading in the customer’s account. On August 16, 2010, Fedorko against settled a customer dispute amid allegations of unsuitable and excessive trading, in which the customer received $400,000.00 in damages. On February 10, 2009, Fedorko settled a customer dispute for $158,000.00 in damages after the customer alleged that Fedorko engaged in unsuitable investment recommendations.
Guiliano Law Group
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