We are investigating South Florida stockbroker Cynthia “Cinder” Franke of brokerage firm Laidlaw & Company in Miami, Florida. We have found that Ms. Franke purchased unsuitably risky securities and made excessive trades in our elderly clients’ brokerage accounts. We are bringing claims against Cinder Franke’s employer, Laidlaw, seeking to hold Laidlaw liable for Ms. Franke’s stockbroker negligence.

FINRA rules and general fiduciary duty obligations prohibit brokers from making excessive trades or churning a customer’s account. Moreover, we believe that Laidlaw failed to supervise Cinder Franke properly, thereby allowing Ms. Franke to abuse investors. Stockbrokers also are prohibited from recommending securities that are unsuitable for the investor. Unsuitable investments can include those securities that involve more risk than the customer is willing or able to withstand. Our investigation of our clients’ brokerage account

In additional to the wrongdoing committed against our law firm’s clients, in October 2010, Cinder Franke was arrested and charged with a first degree felony for exploitation of the elderly involving $100,000 or more. We believe that these charges involve financial abuses of elderly clients involving hundreds of thousands or millions of dollars.

If you lost money in a brokerage account with Cynthia “Cinder” Franke at Laidlaw & Company or otherwise were financially exploited by Cinder Franke, please call a securities lawyer at Dimond Kaplan & Rothstein, P.A. for a free consultation. Our law firm represents investors who have been victims of securities fraud and stockbroker misconduct.

EN   ES   PT     

Miami Office
Grand Bay Plaza
2665 S. Bayshore Drive
Penthouse 2B
Miami, FL 33133
Telephone: 786.628.8236

Los Angeles Office
Available by Appointment
2029 Century Park East
Century Plaza Tower
Suite 400N
Los Angeles, CA 90067
Telephone: 424.544.7930

New York City Office
Available by Appointment
14 Wall St, 20th Floor
New York, NY 10005
Telephone: 917.382.5217

West Palm Beach Office
Northbridge Centre
515 N. Flagler Drive, Suite P-300
West Palm Beach, FL 33401
Telephone: 561.475.2887

Detroit Office
41000 Woodward Avenue,
Suite 350 East
Bloomfield Hills, Mi 48304
Telephone: 248.368.0182