Securities Lawyers Blog
According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Margaret Laquidara (Laquidara), previously associated with Aegis Capital Corp., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Laquidara concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,548,002.51 on July 30, 2021.
Claimant alleges that his advisor recommended unsuitable investments in annuities in February 2019. Claimant’s causes of action are suitability; diversification; self-dealing; violation of Reg BI; churning and failure to supervise.