Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 6, 2018 indicate that Florida-based GMS Group broker Lawrence Hewlett has received resolved or pending customer disputes and a regulatory sanction. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Hewlett (CRD# 853355).
Lawrence Hewlett has spent 38 years in the securities industry and has been registered with The GMS Group in Boca Raton, Florida since 2008. Previous registrations include Newbridge Securities Corporation in Fort Lauderdale, Florida (2006-2008); Janney Montgomery Scott in Fort Lauderdale, Florida (2002-2006); Ryan Beck & Company in Florham Park, New Jersey (2002); Gruntal & Company in New York, New York (1996-2002); Oppenheimer & Company in New York, New York (1991-1996); The GMS Group in Livingston, New Jersey (1988-1991); Moore & Schley Cameron & Company (1985-1988); Moore & Schley Municipals in Livingston, New Jersey (1985-1988); Smith Barney Harris Uphan & Company (1985); Bevill Bresler & Schulman (1984-1985); Marcus Stowell & Beye (1983-1984); Heyman-Cole Investment Securities Corporation (1982-1983); Comark Securities (1982); Donald Sheldon & Company (1980-1981); G. Weeks & Company (1979); and Bevill Bresler & Schulman (1978). He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 22, 1980; Series 7 (General Securities Representative Examination), which he obtained on May 19, 1984; Series 52 (Municipal Securities Representative Examination), which he obtained on March 23, 1979; and Series 1 (Registered Representative Examination), which he obtained on June 9, 1978. He is a registered broker with 16 US states and territories: Arizona, Colorado, the District of Columbia, Florida, Georgia, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Nebraska, New York, North Carolina, Ohio, Pennsylvania and Tennessee.
According to his BrokerCheck report, he has received one customer complaint, one pending customer complaint, and one state regulatory sanction.
In November 2017 a customer alleged Lawrence Hewlett, while employed at The GMS Group, breached his fiduciary duty, acted negligently, and misrepresented material facts related to Puerto Rico bond investments from 2013 until 2016. The customer is seeking $75,000 in damages in the pending complaint.
In 2000 a customer alleged Lawrence Hewlett, while employed at Gruntal & Company, misrepresented material facts related to certain securities in order to induce purchases. The complaint settled for $9,500.
In a year unspecified on his report, the State of Georgia sanctioned him in connection to allegations that while employed at Heyman-Cole Investment Securities, he took orders from customers in the State of Georgia though he was not licensed in the state. He was ordered to cease and desist; following his signature of the order, his application to do business in the state was approved.
If you or someone you know has a complaint regarding Lawrence Hewlett, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.