ERIC EUGENE LAWTON is currently employed as a Broker and/or Investment Adviser at WESTPORT CAPITAL MARKETS, LLC located at 99 WHITFIELD ST, GUILFORD, CT, 06437.
ERIC EUGENE LAWTON has worked at WESTPORT CAPITAL MARKETS, LLC since June 01, 2018
Disclosure History
ERIC EUGENE LAWTON has 2 Disclosure Event(s).
Date: December 20, 2013 Category: Customer Dispute Allegations: THE CUSTOMER ALLEGES UNAUTHORIZED TRADING BETWEEN NOVEMBER 2011 AND SEPTEMBER 2013. Settlement Amount: $45,375.45 Broker Comment: THE CUSTOMER APPARENTLY CLAIMS THAT CERTAIN TRANSACTIONS MADE OVER A NEARLY 2 YEAR PERIOD WERE WITHOUT AUTHORITY. IN FACT, EVERY TRADE MADE IN THE CUSTOMER ACCOUNT WAS DISCUSSED BEFOREHAND AND AUTHORIZED. CUSTOMER WAS A CLIENT OF MR. LAWTON FOR NEARLY A DECADE WITHOUT ISSUE. MR. LAWTON FREQUENTLY SPOKE WITH CUSTOMER REGARDING HIS ACCOUNT AND ALWAYS DISCUSSED TRADES WITH CUSTOMER PRIOR TO TRANSACTINGBUSINESS IN ACCOUNT. CUSTOMER ACCOUNT WAS PROFITABLE ON AN OVERALL BASIS. MR LAWTON WAS NEVER MADE AWARE AT ANY POINT IN TIME OF AN ISSUE WITH CUSTOMER OR CUSTOMER'S ACCOUNT UNTIL MR. LAWTON DEPARTED FROM THE FIRM AND LATER LEARNED THAT FIRM SETTLED WITH CUSTOMER. MR. LAWTON HAD NO KNOWLEDGE OF THE SETTLEMENT NOR WAS HE ASKED, BY THE FIRM OR OTHERWISE, TO PROVIDE ANY INFORMATION OR EXPLANATION INCONNECTION WITH THIS PURPORTED COMPLAINT, AND DISAGREES VEHEMENTLY WITH THE PURPORTED ALLEGATIONS. MR. LAWTON BELIEVES THE COMPLAINT WAS WRONGFULLY ELICITED BY THE FIRM IN ORDER TO RETAIN MR. LAWTON'S CLIENTS AFTER HIS DEPARTURE AND FURTHER TO GAIN LEVERAGE IN CIVIL ARBITRATION WITH MR. LAWTON OVER TRANSITIONAL COMPENSATION.
Date: November 05, 2013 Category: Employment Separation After Allegations Firm Name: MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED Termination Type: Discharged Allegations: CONDUCT INCLUDING TRADES AND ASSOCIATED OVERCHARGES TO CERTAIN CUSTOMERS AND EXERCISING DISCRETION IN NON-DISCRETIONARY CUSTOMER ACCOUNTS.
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