Sands Brothers & Company is a private company formed by Stephen and Martin stands in 1990. Its company is a brokerage firm that primarily focuses on Wealthy investors. Recently there’s been a scandal involving multiple arbitrations. There are reports that their attorneys had stated to Plaintiff that if they did not settle for a lower amount that Sands Brothers & Company May default on the settlement. The firm is trying to appeal some of those decisions through the courts and is using that as a delay. Sands and Brothers have discontinued their brokerage business but have continued in other sectors. Questions still arise as to whether or not individuals awarded settlements will receive the funds owed to them. Many have settled for the lower settlement amount but if you have fought in court and have been awarded the full amount of the original suit against the company.Their fears from previous clients that they will not get their settlement money because Sands brothers and companies may move its money to Laidlaw. It appears as though Laidlaw & Company is owned by the same people that owned Sands Brothers. They even share the same home address at Park Avenue.
Relmada Therapeutics Files Amended Complaint Against Laidlaw and Its Principals, Matthew Eitner and James Ahern
Laidlaw & Company have been doing business for many years and have a pretty spotless reputation.
However being linked to the Sands Brothers & Company and their financial and investment discrepancies give this company a black eye. I am assuming that the professionals that have worked in this industry for many years have good reason to assume that Sands Brothers & Company will place their company’s funds into the Laidlaw company so that the money is not accessible to those awarded settlement. Laidlaw and Company are spearheaded by CEO Matthew Eitner and managing partner James Ahern. Both have been involved in lawsuits regarding the possible deception of information to clients and mismanagement of funds. I think there is a good reason for those awarded a settlement to fear their money will not be seen.