Larry Richard Law, of Irvine, California, a stockbroker associated with JRL Capital Corporation, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $400,000.00 in damages based upon alleged unsuitable trading, misrepresentation and omission of material facts, negligence, and breach of fiduciary duty in connection with the sale of GWG products when Law was associated with JRL Capital Corporation. FINRA Arbitration No. 23-00622 (March 20, 2023).
This is not the first time that Law has been referenced in a customer initiated investment related dispute concerning Law’s conduct in the securities industry. FINRA Public Disclosure shows that Law was also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages based upon allegations that Law breached a fiduciary duty, engaged in unsuitable trading, misrepresented and omitted material facts, and breached a contract in connection with the sale of GWG products during the time that Law was associated with JRL Capital Corporation. FINRA Arbitration No. 22-01426 (April 14, 2023).
Law was associated with JRL Capital Corporation in Irvine, California from January 18, 1995, to June 26, 2023. He has since joined Great Point Capital LLC in Newport Beach, California, where he has been registered as a stockbroker since May 9, 2023. Additionally, he has been associated with JRL Capital Advisors LLC in Newport Beach, California since February 11, 2000, as an investment adviser representative.