Laidlaw and Company’s genesis can be traced back to the year 1924, according to a Wall Street Journal report, when Robert Laidlaw formed a trucking service company known as Laidlaw Transit. Laidlaw grew over the years through acquiring other companies such as Charter Bus Company in 1972. In the following years, Laidlaw, Inc entered the Contract School Bus Business and later U.S Solid Waste Industry. Laidlaw left the trucking business in 1984 to deal with consolidation of Small School Bus Contracting Companies. Over the years, Laidlaw has acquired various transformations from its initial object formation.
The company has its headquarters in New York. Laidlaw company provides various services including investment banking and personalized wealth management advice to both institutions and individuals and advisory services. On investment banking the company offers various services including; Capital raising, Placement of debts and mezzanine capital with institutional investors, Acquisition financing, national exchange list organization among others. Advisory services include skilful execution of investments, acquisition, divestitures, fairness opinions and financial restructurings. Laidlaw provides wealth management services which include; financial planning, portfolio management.
Laidlaw has spread further since its establishment to the recent London office expansion through addition of Richard Michalski and Bryan Kobel. The two joined Laidlaw in the years 2010 and 2012 respectively. Richard Michalski is the senior managing director in wealth management. Bryan Kobel is the managing director Equity and capital Markets.
However, the company has been accused o violating U.S financial regulations. This has led to increased number of customer complains among the RelmadaTherapeutics, Inc. Relmada accuses Laidlaw of attempting to taking control of the company using the shares and information it has gained from being their investment banker. Relmada claims that Laidlaw & Company failed to comply with the Securities and Exchange Commission (SEC) regulations. The matter has been at the court for the lawsuit of the companies rights.