THOMAS W LAWLER

THOMAS W LAWLER is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 85 SOUTH MAIN STREET, STE 2, SAYVILLE, NY, 11782.

THOMAS W LAWLER has worked at LPL FINANCIAL LLC since March 26, 2013

Disclosure History

THOMAS W LAWLER has 2 Disclosure Event(s).

Date: July 26, 2013
Category: Customer Dispute
Allegations: ATTORNEY FOR CLIENT ALLEGES BROKER DISCRETION, CHURINING, POSSIBLE ILLEGAL, UNETHICAL PRACTICES AND FAILURE TO SUPERVISE BY THE FIRM. IT APPEARS TO INVOLVE ACTIVITY FROM OCTOBER THROUGH DECEMBER 2012.
Damage Amount Requested: $5,000.00
Broker Comment: AFTER COMPLETION OF THE FIRM'S INVESTIGATION OF INFORMATION PROVIDED AS OF 3/19/14, THIS MATTER IS CONSIDERED CLOSED. ATTORNEY FORWARDED ADDITIONAL INFORMATION (DATED 3/26/14) AND MADE A SPECIFIC DOLLAR CLAIM. AFTER COMPLETION OF THE FIRM'S INVESTIGATION INTO CLIENT'S ALLEGATIONS, CLAIM WAS DENIED.

Date: May 24, 2013
Category: Customer Dispute
Allegations: CLIENTS ARE QUESTIONING THE ADVICE PROVIDED BY THE FINANCIAL ADVISOR TO LIQUIDATE MUTUAL FUNDS ON 12/7/12 DUE TO CONCERNS WITH THE "FISCAL CLIFF". CLIENTS CLAIM FINANCIAL ADVISOR DID NOT FOLLOW THROUGH WITH THE PLAN AND THEY NOW WILL HAVE TO PAY A FEE TO PURCHASE THE FUNDS BACK. CLIENTS ARE ASKING TO BE MADE WHOLE.
Damage Amount Requested: $5,000.00
Broker Comment: AFTER COMPLETION OF THE FIRM'S INVESTIGATION AN OFFER WAS EXTENDED TO ALLOW REINVESTMENT BACK INTO THE MUTUAL FUNDS AT NAV. CLIENTS ACCEPTED OUR OFFER AND EXECUTED THE SETTLEMENT OF CLAIM. THE NEW FINANCIAL ADVISOR PLACED THE PURCHASES AT NAV.

More Information

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BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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