The company Laidlaw & Company has been in business for several years but have they truly been doing business. They had been working with the company Relmada as their investment banker but they were doing a poor job of providing solid investments for the company. They set up false promotional tours for the company that end up costing Relmada money. In the process they took what appeared to be profitable information and attempted to use it for themselves. Laidlaw & Company is conducting bad and unethical business practices, which they appear to have been doing for the last several years and have been sanctioned by FINRA several times but somehow they continue to be in business. Relmada ended up in business with what appears to be a company made of frauds.
Laidlaw & Company, has been in business for 170 years and they have nearly 200 employees today. The company is based in financial services, where they specialize in alternative investments, healthcare research, capital raising, and wealth management. Their CEO is Matthew Eitner and the Managing Partner and Head of Capital Markets is James P. Ahern. Laidlaw was started in England but currently markets out of New York City. Ahern and Eitner were independent contractors who were hired by Relmada during their time working with Laidlaw in order to settle the dispute between Laidlaw and Relmada. Well in the end both Eitner and James Ahern began to work for Laidlaw but the courts found in favor of Relmada with regard to their lawsuit against Laidlaw for doing unlawful business.