Anyone involved in the investment game has one goal — to see the best return on their money. In order to achieve this goal, they seek the advice of professionals. When seeking out advice, it is more common than not to get bad investment advice. There are many reasons for this and many of those reasons have to do with people, those “professionals”, working towards their own goals and bottom lines. For those who truly have good intentions when it comes to investments and advice, watching others who do not can be a very hard thing to do.
There are even self-claimed experts out there who claim they are able to choose the best stocks. These people many have a good track record but the stocks and investments game is too hard to predict. It changes so often and there are so many variables in play that it is comparable to predicting the future.
Laidlaw & Company Ltd. is an investment firm that is located in both the United States and the U.K. They have been in the investment game since 1842. The company has grown and changed since then but their focus has always been in investments.
Laidlaw has found itself in some legal trouble starting in 2015. It started with a business dispute with another company. The dispute was based on many customer complaints, some fines and also some penalties that were placed on the company. Because of this, the U.S. District court placed a restraining order on Matthew Eitner, CEO of Laidlaw, and James Ahern, Managing Partner. The restraining order was for “continuing to disseminate false and misleading proxy materials.”
Even a company with a track record as long as Laidlaw & Company can find themselves in legal trouble for giving out false information. The best advice would be to do your own research on the professional help and your investments. By doing so you can make the best choices for yourself.