Thomas Wayne Chandler of Fresno California a stockbroker formerly employed by LPL Financial LLC has been discharged by the firm on January 16, 2018 supported by accusations that Chandler placed transactions in a customer’s investment account that were not authorized by the customer.

Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Chandler has been identified in four more customer initiated investment related disputes pertaining to allegations of his misconduct during the time that he was registered with Merrill Lynch. Particularly, on December 27, 2001, a customer filed an investment related complaint regarding Chandler’s conduct in which the customer alleged that misrepresentations had been made to the customer concerning variable life insurance policy loan provisions.

On August 19, 2002, another customer filed an investment related complaint concerning Chandler’s activities where the customer requested $10,705.00 in damages based upon accusations that unauthorized stock trades were executed in the customer’s account. Then, on September 9, 2002, a customer filed an investment related complaint involving Chandler’s conduct in which customers collectively sought $192,400.00 in damages founded on allegations that mutual fund and equity trades were effected in customers’ accounts that were not appropriate for them. Moreover, on December 25, 2002, a customer filed an investment related complaint regarding Chandler’s conduct alleging that unsuitable over-the-counter equities transactions had been placed in the customer’s account.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer

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.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at

Tags: ,

No comments yet.

Leave a Reply

Name (required)

Email (will not be published) (required)