Steven Mackie Woods of New York New York a stockbroker formerly registered with Laidlaw Company Ltd. is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $200,123.00 in damages founded upon accusations of excessive trading of stocks and over-the-counter equities by Woods when he was associated with Laidlaw Company. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-03892 (December 11, 2020). The claim alleges that transactions were not suitable as the customer’s account was overconcentrated in risky investments.
FINRA Public Disclosure shows that Woods has been identified in two more customer initiated investment related disputes containing allegations of wrongful conduct during the time that he was registered with Laidlaw Company. On December 11, 2020, a customer filed an investment related FINRA securities arbitration claim concerning Woods’ activities. They sought $157,588.00 in damages based on accusations of Woods’ excessive and unsuitable trading of over-the-counter equities and stocks at Laidlaw Company. FINRA Arbitration No. 20-03892.
Woods is also referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $278,274.00 in damages supported by allegations that their account was overconcentrated by Woods in investments which resulted in damages to them. FINRA Arbitration No. 20-03892. According to the claim, Woods engaged in unsuitable and excessive stock trades.
Woods was registered with Laidlaw Company between December 26, 2013, and July 18, 2017. Between July 31, 2017, and February 19, 2021, Woods was registered with Worden Capital Management.
