Advisor Alert: Our Attorneys Are Investigating Michael Joseph Murray For Investment Fraud
Did You Lose Money Because of Michael Murray?
Filed: March 15, 2024
Michael Murray has been the subject of one (1) regulatory event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Michael Joseph Murray.
Who Is Michael Joseph Murray of Laidlaw & Company (UK) Ltd.?
- Advisor Name: Michael Joseph Murray
- Aliases: Michael Murray
- CRD: 5034449
- Location: New York, New York
- Current Employer: Laidlaw & Company (UK) Ltd.
- Previous Firms: Aegis Capital Corp. and Casimir Capital L.P.
- Number of Known Regulatory Events: 1
- Can Michael Murray Be Sued: Yes, in Private Arbitration
- Can Michael Murray’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: Unknown
- Highest Settlement: Unknown
If you have suffered investment losses by Michael Murray, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Michael Murray For Broker Misconduct
As of this publication date, Michael Murray has been the subject of 1 regulatory event. Let’s review it below.
In November 2023, United States Securities and Exchange Commission initiated a regulatory action against or in reference to Michael Murray for allegedly violating Exchange Act Rule 15l-1(a)(2)(ii), the Regulation Best Interest (“Reg. BI”) Care Obligation, when they made a series of recommendations to four retail customers without a reasonable basis to believe that the series of recommended transactions were not excessive when taken together in light of the retail customer’s investment profile, and because the series of recommended transactions placed the financial interest of the registered representatives ahead of the interest of the retail customer (the “quantitative prong” of the Care Obligation). As a result of the conduct described above, Respondents willfully violated Exchange Act Rules 15l-1(a)(2)(ii)(C) and 15l-1(a)(1).
How To File A Claim Against Michael Murray of Laidlaw & Company (UK) Ltd. (previously with Aegis Capital Corp. and Casimir Capital L.P.) To Get Your Money Back
If you have questions about Michael Murray, Laidlaw & Company (UK) Ltd., Aegis Capital Corp., Casimir Capital L.P., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.