Were you the victim of former National Securities Corporation broker Rodrigue Lors (CRD# 4379214)? He has been registered with Wilmington Capital Securities, LLC in Westbury, New York, since 2017. Previously, Lors was registered with National Securities Corporation in Westbury, New York, from 2007 to 2017.
Rodrigue Lors Customer Complaints
He has been the subject of seven customer complaints between 2016 and 2021, two of which were denied, and one was closed without action, according to his CRD report:
September 2021. “Attorney for client claims unsuitable investment recommendations.” The customer is seeking $200,000 in damages.
April 2021. “Unsuitability, Common Law Fraud, Breach of Contract, Negligent Supervision, Breach of Fiduciary Duty.” The customer is seeking $50,000 in damages.
November 2020. “Suitability.” The case is currently pending. The complaint took place while Lors was registered with National Securities Corp. and was regarding common and preferred stocks and private placements. The case was settled for $30,000.
July 2020. “Suitability.” The customer sought $100,000 in damages, and the case was settled for $20,000. The complaint took place while he was registered with National Securities Corp., and it was regarding private placements.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, National Securities Corporation may be liable for investment or other losses suffered by Rodrigue Lors’ customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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