Athanasios Tomaras, of Oldsmar, Florida, a stockbroker formerly registered with Fulcrum Securities, LLC, has been subject to a customer initiated investment related arbitration claim from October 17, 2016, in which the customer requested $189,000.00 in damages based upon allegations that from July of 2013 to January of 2016, Tomaras made unsuitable investment recommendations to the customer which caused the customer to sustain investment losses.
FINRA Public Disclosure reveals that Tomaras has been subject to five additional events concerning allegations of misconduct. Particularly, on May 18, 2005, a customer brought an investment related arbitration claim involving Tomaras’ conduct, in which the customer sought $17,000.00 in damages based upon allegations that unauthorized equity purchases were effected by Tomaras in the customer’s account.
On March 23, 2010, another customer filed an investment related arbitration claim concerning Tomaras’ actions, based upon allegations that Tomaras made stock recommendations to the customer which were not suitable. Subsequently, on April 30, 2013, a customer initiated investment related arbitration action involving Tomaras’ conduct was settled for $35,000.00 in damages based upon allegations that Tomaras breached his contractual and fiduciary duties, and violated Financial Industry Regulatory Authority (FINRA) Rule 2110 in connection with a liquidation of the customers’ assets.
Further, on April 27, 2015, a customer initiated investment related arbitration claim involving Tomaras’ conduct was resolved for $25,000.00 in damages based upon allegations that in 2013, Tomaras overly concentrated the customer’s account in energy sector positions, effected unsuitable investment transactions in the customer’s account, and did not abide by the customers’ stop loss order.
Tomaras’ registration with Fulcrum Securities, LLC ended in March of 2016. Since then, he has been registered with R.F. Lafferty & Co., Inc.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
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