Investors File Disputes About David Murray

Soreide Law Group is investigating possible investor claims against securities broker David Michael Murray [CRD#: 1870050, New York, New York]. Specifically, FINRA BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Laidlaw Company (UK) Ltd. and HD Brous Co. Evidently, one or more clients allege sales practice violations in these disputes, including unsuitability, excessive trading, and overconcentration. Here is a brief summary of the disclosures about Murray. However, please note that the securities broker denies the allegations.

David Murray Allegedly Excessively Traded In Laidlaw Company (UK) Ltd. Client's Account

Evidently, a client of Laidlaw Company (UK) Ltd. contested David Murray's sales practices by filing FINRA Arbitration #: 20-03892 on December 11, 2020. Notably, accusations against the securities broker include unsuitability, excessive trading, and overconcentration. Allegedly, the stocks and over-the-counter equities transactions that Murray sold or recommended resulted in damages. Therefore, Laidlaw Company (UK) Ltd. opted to settle the matter on June 10, 2022, by compensating the client in the amount of $30,000.01.

Murray Allegedly Makes Unauthorized Transactions

Also, on June 15, 2000, an HD Brous Co. client filed Civil Suit#: CV 00-00514 VAP about David Murray. Specifically, the client alleged unauthorized transactions. Because of this, the client allegedly sustained damages relating to purchases or sales of over-the-counter equities. Therefore, on March 20, 2001, HD Brous Co. settled this matter by paying the client $79,452. Still, the broker denies the allegations against him.

HD Brous Co. Client Accuses David Murray Of Unauthorized Trading

Evidently, on March 31, 1999, an HD Brous Co. client filed a complaint about David Murray. Specifically, the client alleged unauthorized trading. Because of this, the client allegedly sustained damages relating to purchases or sales of equities. Therefore, on April 8, 1999, HD Brous Co. settled this matter by paying the client $21,000.

HD Brous Co. Client Accuses Murray Of Misrepresentation

Moreover, a client of HD Brous Co. contested David Murray's sales practices, according to a complaint dated April 16, 2001. Notably, accusations against the securities broker include misrepresentation. Allegedly, the over-the-counter equities that Murray sold or recommended resulted in damages. Therefore, the client requested compensatory relief from HD Brous Co. or Murray in the amount of $46,744.65. However, the firm denied this dispute on June 11, 2001.

Did Laidlaw Company (UK) Ltd. Securities Broker David Murray Cause You To Experience Damages?

Have you experienced damages by investing with David Murray? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Please keep in mind that Murray and the brokerage firms Murray has associated with deny any and all allegations of sales practice violations.