A customer initiated investment related arbitration claim involving the conduct of Andrew D. Tomlinson III, of Prescott, Arizona, a stockbroker currently registered with Geneos Wealth Management, Inc., was settled for $30,000.00 in damages based upon allegations from multiple customers that Tomlinson effected unsuitable investment sales of limited partnerships in the customers’ accounts.
FINRA Public Disclosure reveals that Tomlinson has been subject to three additional customer initiated investment related arbitration claims. Patciularly, on January 8, 1997, a customer was awarded $15,000.00 in damages per an investment related arbitration claim involving Tomlinson’s conduct, in which the customer alleged that Tomlinson made unsuitable investment recommendations and failed to provide updates or reviews. The customer additionally alleged that Tomlinson’s former employer, Hornor, Townsend & Kent, Inc., failed to supervise Tomlinson.
On November 16, 2010, another customer initiated investment related arbitration claim involving Tomlinson’s actions was resolved for $603,063.00 in damages based upon allegations that Tomlinson made unsuitable recommendations to customers regarding investments. On November 29, 2012, a customer initiated investment related arbitration claim involving Tomlinson’s conduct was settled for $26,638.97 in damages based upon allegations that Tomlinson effected investment transactions in alternative investments within customer accounts, in which such transactions were unsuitable.
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.
