Advisor Alert: Our Attorneys Are Investigating Peter Thomas Lawrence For Investment Fraud
Did You Lose Money Because of Peter Lawrence?
Filed: February 9, 2024
Peter Lawrence currently has four (4) pending customer complaints. Overall, he has been the subject of six (6) customer complaints and two (2) termination events. 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 Peter Thomas Lawrence.
Who Is Peter Thomas Lawrence?
- Advisor Name: Peter Thomas Lawrence
- Aliases: Peter Lawrence
- CRD: 2695687
- Location: Hauppauge, New York
- Current Employer: Currently Not Registered
- Previous Firms: American Portfolios Financial Services, Inc., Questar Capital Corporation, and Usallianz Securities, Inc.
- Number of Known Customer Complaints: 6
- Number of Known Termination Events: 2
- Can Peter Lawrence Be Sued: Yes, in Private Arbitration
- Can Peter Lawrence’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $100,000
- Highest Settlement: Unknown
If you have suffered investment losses by Peter Lawrence, 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 Peter Lawrence For Broker Misconduct
As of this publication date, Peter Lawrence has been the subject of 6 customer disputes and 2 termination events. Let’s review it below.
In December 2023, a complaint was filed against or in reference to Peter Lawrence by a customer of American Portfolios Financial Services, Inc. alleging that the VA purchased in 2023 was misrepresented and unsuitable. Per the customer, he/she lost over $5,000 because of Mr. Lawrence’s actions. As of this publication date, this claim remains pending.
In November 2023, a complaint was filed against or in reference to Peter Lawrence by a customer of American Portfolios Financial Services, Inc. alleging that information on a disclosure form used for the purchase of a variable annuity in 2023 was omitted and she did not sign it. Per the customer, he/she lost over $12,347.85 because of Mr. Lawrence’s actions. As of this publication date, this claim remains pending.
In October 2023, American Portfolios Financial Services, Inc. terminated Peter Lawrence for providing unapproved reporting statements to a client, and the statements contained inaccuracies.
In October 2023, a complaint was filed against or in reference to Peter Lawrence by a customer of American Portfolios Financial Services, Inc. alleging that variable annuity purchased in 2022 was misrepresented and unsuitable. Per the customer, he/she lost over $5,000 because of Mr. Lawrence’s actions. As of this publication date, this claim remains pending.
In September 2023, a complaint was filed against or in reference to Peter Lawrence by a customer of American Portfolios Financial Services, Inc. alleging that products purchased beginning no later than 2012 were unsuitable. The customer further alleges that Mr. Lawrence provided inaccurate portfolio summaries, thereby breaching his fiduciary duty to the customer. Per the customer, he/she lost over $100,000 because of Mr. Lawrence’s actions. As of this publication date, this claim remains pending.
In September 2023, a complaint was filed against or in reference to Peter Lawrence by a customer of Questar Capital Corporation alleging misrepresentation of a variable annuity purchased in 2015. Per the customer, he/she lost over $80,000 because of Mr. Lawrence’s actions.
In December 2004, Pruco Securities, LLC terminated Peter Lawrence after the manager signed agents’ names to application in an effort to assist them in meeting production requirements to maintain association with the company.
In October 2001, a complaint was filed against or in reference to Peter Lawrence by a customer of American Express Financial Advisors alleging that the client was shown illustrations on a fixed annuity, yet he purchased a variable annuity. He stated he wanted a fixed annuity, as he did not want to lose principal. The annuity was purchased in April 2000 for $37666.80 and now has a value of $27186.35. Per the customer, he lost over $10,480.45 because of Mr. Lawrence’s actions.
How To File A Claim Against Peter Lawrence (previously with American Portfolios Financial Services, Inc., Questar Capital Corporation, and Usallianz Securities, Inc.) To Get Your Money Back
If you have questions about Peter Lawrence, American Portfolios Financial Services, Inc., Questar Capital Corporation, Usallianz Securities, Inc., 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.