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
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.
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for ERIC EUGENE LAWTON, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More