Christopher Harrington, Formerly with Laidlaw & Company, Suspended

NEW YORK, NY Are you a former client of financial advisor Christopher Harrington, who had been a representative of Laidlaw & Company in New York, New York? Our investment fraud law firm is looking into allegations made against Christopher Harrington.

FINRA’s BrokerCheck shows that Christopher Harrington was suspended for nine months starting in July 2023. FINRA alleged that Harrington recommended the purchase of market-linked investments to a disabled customer and then recommended the sale of those market-linked investments a short time later. This generated unnecessary fees and expenses for the customer. Harrington was alleged to have engaged in excessive short-term trading that incurred losses for the customer.

From October 2012 to October 2022, Christopher F. Harrington was an affiliated of Laidlaw & Company in New York City. Harrington was also the subject of a 2011 customer complaint that was closed without any action.

Harrington and Laidlaw & Company are bound by FINRA Rules, such as FINRA Rule 2111. This rule states that stockbrokers have to make suitable investment recommendations. Rule 2111 also provides that trades must be quantitatively suitable – that trades, taken together, are proper for a customer. Trading accounts with high cost-to-equity ratios is likely unsuitable because it makes it nearly impossible for an account to make a profit.

Israels & Neuman represent investors in FINRA arbitration proceedings all over the country. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

VIEW Harrington, C. Brokercheck 8.6.23

If you lost money with Christopher Harrington or Laidlaw & Company, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.