Laurence Jordan Russo (also known as Larry Russo and as Jordan Russo), of Fort Lauderdale, Florida, a stockbroker formerly registered with WestPark Capital Inc., is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $37,500.00 in damages supported by accusations that Russo breached a fiduciary duty while he was employed by Westpark Capital and Newport Coast Securities Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-03370 (December 17, 2020). According to the claim, the customer was sold unsuitable investments, including common and preferred stocks. The claim also alleges misrepresentation by the stockbroker.
FINRA Public Disclosure additionally shows that Russo is the subject of a customer initiated investment related FINRA securities arbitration claim which was resolved for $105,000.00 in damages based upon allegations of negligence and unsuitable over-the-counter equities trades during the period that Russo was registered with JP Turner Company LLC. According to the claim, the customer was defrauded.
Russo was registered with WestPark Capital between August 8, 2016, and September 24, 2019. Since September 20, 2019, he has been registered with Joseph Gunnar Co. LLC.