Securities Arbitration Lawyers BlogLawrence LaBine Under Fire for Alleged Unsuitable Recommendations and More
Newbridge securities advisor allegedly has conflict of interest between software company and his clients
According to FINRA, Lawrence Michael LaBine is the subject of a disciplinary action pending against him after an alleged conflict of interest leading to several customer disputes.
In his 29 years in the securities industry, LaBine has had 30 disclosures according to FINRA, many of which are related to his alleged relationship with a sinking software company, leading him to make what clients claimed to be inappropriate recommendations.