Investor Complaints Continue to Mount for Rodrigue Lors
Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on October 20, 2021 indicate that New York-based Wilmington Capital Securities broker Rodrigue Lors has received several resolved or pending customer disputes. Investors who have complaints regarding Mr. Lors (CRD# 4379214) may have recovery options. Call us at 800-767-8040 for a free attorney consultation.
Complaints Against Wilmington Capital
In 2021 a customer alleged that Rodrigue Lors, while employed at Wilmington Capital Securities, made unsuitable investment recommendations, committed common law fraud, breached contract, was negligent in his supervisory duties, and breached his fiduciary duty to act in the customer’s best interests. The customer is seeking unspecified damages in the pending complaint.
In 2020 a customer alleged that while registered with Wilmington Capital Securities, he failed to follow instructions, provided poor investment advice, and executed unauthorized transactions in connection to an investment in PGEN. The customer sought $100,000 in damages in the complaint, which was denied.
Previously Registered with National Securities
In 2021 a customer alleged that Rodrigue Lors, while employed at National Securities Corporation, made unsuitable investment recommendations involving private placement securities. The customer is seeking $200,000 in damages in the pending complaint.
In 2020 a customer alleged that while registered with National Securities, he recommended unsuitable private placement investments. The customer is seeking unspecified damages in the pending complaint.
In 2020 a customer alleged Rodrigue Lors, while employed at National Securities Corporation, recommended unsuitable private placement investments. The complaint settled in 2021 for $20,000.
In 2018 a customer alleged that while registered with National Securities, he executed unauthorized stock trades. The customer sought $10,000 in damages in the complaint, which was denied.
Lors Is Based in Long Island, New York
Rodrigue Lors has spent 16 years in the securities industry and has been registered with Wilmington Capital Securities in Westbury, New York since 2017. His previous registrations include National Securities Corporation in Westbury, New York (2007-2017) and Gunnallen Financial in Westbury, New York (2005-2007). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), obtained on August 8, 2005; SIE (Securities Industry Essentials Examination), obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), obtained on June 27, 2005. He currently holds securities registrations in 19 states: Arizona, California, Florida, Georgia, Idaho, Kansas, Louisiana, Michigan, Montana, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Utah, and Washington.