Charles Laubach Broker Investigation

Financial Advisor Charles Laubach, Capital Portfolio Management, Timonium, MD

Maryland Reportedly Bars Advisor Charles Laubach Alleging Unauthorized Transactions in Customers Accounts

Are you concerned about investments with Charles Laubach (Chuck Laubach) in Timonium, MD? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.

According to public records on the Financial Industry Regulatory Authority’s website, in November 2019 Maryland Securities Division reportedly barred Laubach from working as a broker or investment advisor based upon allegations that he purportedly “effected discretionary transactions in the accounts of nine customers without obtaining prior written authorization from the customers and without firm approval.”

According to his broker profile, Laubach was reportedly registered with Capital Portfolio Management in Timonium, MD from 2016 through 2019 when he was reportedly discharged for  “Failure to follow heightened supervision. Suspension for implied discretion in customer accounts.” Prior to that, he was affiliated with Chapin, Davis for a year and Ameriprise Financial for 3 years.

Laubach reportedly has 5 customer complaints indicated on his FINRA broker report. He reportedly had 3 employment separations and 5 regulatory disclosures during his 36 years in the securities industry, according to FINRA.

Investigating Potential Lawsuits 

The White Law Group is investigating potential securities fraud lawsuits regarding the liability that Laubach’ employers may have for failure to properly supervise him.

When brokers violate securities laws, such as making unauthorized transactions or recommending unsuitable investments, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

We represent investors in FINRA arbitration claims in all 50 states including Maryland. Our attorneys have recovered millions of dollars from many brokerage firms in the past. If you are concerned about your investments with Charles Laubach, please call the securities fraud attorneys at The White Law Group at 888-637-5510 for a free consultation. 

For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.