Investors potentially experienced sales practice violations by securities broker Jason Anthony Russo [CRD: 2588652, New York, New York], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Jason Russo worked for Laidlaw Company beginning on July 16, 2004, and remains registered with the firm. Investors should continue reading to discover more about the disclosures involving this securities broker.
Specifically, on September 19, 2025, a Laidlaw Company client filed FINRA Arbitration No. 25-01991 about Jason Russo. Primarily, the client alleged that Russo made unsuitable recommendations of illiquid investments. Because of this, the client allegedly experienced damages related to over-the-counter equities, stocks, and private placements. Therefore, the client requested $350,000 in compensation from Laidlaw Company or Russo. It appears that this arbitration is pending a resolution.
Notably, a Laidlaw Company client filed FINRA Arbitration No. 09-06628 about Jason Russo. Mainly, the client alleged that Russo engaged in churning, made unsuitable recommendations, breached a contract, breached his fiduciary duty, made misrepresentations, and engaged in unauthorized trading. For this reason, the client allegedly incurred damages connected to stocks and over-the-counter equities. As a result, on October 22, 2010, Laidlaw Company settled this matter by paying the client $80,000 in damages.
Evidently, a client of Sands Brother Co. Ltd. contested Jason Russo’s sales practices by filing FINRA Arbitration No. 03-0627. Allegedly, Russo engaged in unsuitable trading and excessive trading. It appears that Russo allegedly caused the client to incur damages relating to mutual funds. Consequently, Sands Brother Co. Ltd. opted to settle the matter on January 26, 2004, by compensating the client in the amount of $15,000.
Do you need clarification on any investment losses relating to Jason Russo? You can contact Soreide Law Group online or at (888) 760-6552 and consult with a securities lawyer about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Russo and brokerage firms Russo worked for deny allegations of sales practice violations.
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