Michael John Laderer of Uniondale, New York, a stockbroker registered with Henley Company LLC, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $450,000.00 in damages based upon allegations that Laderer failed to supervise a stockbroker in connection with the sale of investments when Laderer was associated with Henley Company LLC. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-03034 (April 19, 2023). The claim alleges that the stockbroker executed a Ponzi scheme which resulted in the misappropriation of funds.
This is not the first time that Laderer has been referenced in a customer initiated investment related dispute concerning Laderer’s conduct in the securities industry. FINRA Public Disclosure shows that Laderer is also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $725,000.00 in damages based upon allegations that Laderer failed to supervise a stockbroker who engaged in a Ponzi scheme. FINRA Arbitration No. 21-02581 (November 7, 2022). The claim alleges that the scheme caused the customer to be defrauded out of $2,500,000.00.
On November 10, 2022, another customer initiated investment related FINRA securities arbitration claim involving Laderer’s conduct was settled for $731,000.00 in damages based upon allegations of a Ponzi scheme carried out by a stockbroker under Laderer’s supervision when Laderer was associated with Henley Company LLC. FINRA Arbitration No. 22-00076.
Laderer has been registered with Henley Company LLC as a stockbroker since September 22, 2004, and registered with Henley Company Wealth Management LLC as an investment adviser representative since December 17, 2009.
