Perry De Leeuw (also known as Perry Lynn De Leeun and as Perry Lynn Deleeuw) of Duluth Georgia a stockbroker formerly registered with PFS Investments Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $152,715.00 in damages based on accusations of the customer incurring damages after providing De Leeuw with funds to invest in an outside business activity during the period that De Leeuw was associated with PFS Investments. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-00959 (May 6, 2021).
FINRA Public Disclosure reveals that De Leeuw has been identified in five additional customer initiated investment related disputes concerning allegations of his misconduct when associated with PFS Investments. On July 13, 2016, a customer initiated investment related complaint regarding De Leeuw’s conduct was settled for $28,486.98 in damages supported by accusations that De Leeuw made misrepresentations to the customer regarding variable annuity features.
De Leeuw is also the subject of a customer initiated investment related FINRA securities arbitration claim which was settled for $40,000.00 in damages founded on allegations of the customer not being paid back after providing De Leeuw with money for an outside business activity that De Leeuw potentially did not disclose to PFS Investments. FINRA Arbitration No. 16-03358 (Mar. 15, 2017). Another customer initiated investment related FINRA securities arbitration claim regarding De Leeuw’s conduct was resolved for $100,000.00 in damages based upon accusations of the customer sustaining losses from De Leeuw’s outside business activity. FINRA Arbitration No. 17-01110 (May 18, 2018).
De Leeuw is also referenced in a customer initiated investment related FINRA securities arbitration claim which was resolved for $295,000.00 in damages based on allegations of De Leeuw causing the customer to experience damages by investing in his outside business activity. FINRA Arbitration No. 17-01065 (Aug. 14, 2018).
According to the Statement of Claim, De Leeuw breached a fiduciary duty to customers and defrauded them as it pertained to investments in WaterBos. The claim alleges that WaterBos was a sham investment that was created for purposes of defrauding the customers in violation of securities laws and FINRA rules. Misrepresentations and omissions were allegedly made by the stockbroker, and PFS Investments negligently supervised him. The customers also allege in this Statement of Claim that they were induced by De Leeuw to invest in Teddy Tots. Investors’ funds were purportedly used up by De Leeuw for his own personal expenses.
The stockbroker was discharged by PFS Investments based upon allegations of his outside business activities. He has also been barred from associating with any FINRA member founded on accusations of his failure to respond to FINRA’s request for information. Case No. 2016049660401.
