Dan Edward Wagner Jr., of Greenville, South Carolina, a stockbroker registered with Triad Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $189,550.00 in damages based upon allegations that Wagner made the unsuitable investment recommendation of direct investments and real…
Mark William Just, of Indianapolis, Indiana, a stockbroker registered with Triad Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $250,000.00 in damages based upon allegations that Just made the unsuitable investment recommendation of real estate investment trusts or REITs…
Jack Lewis Jones Jr. (also known as JJ Jones), of Houston, Texas, a stockbroker associated with Triad Advisors LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $30,000.00 in damages. The claim alleged that Jones made unsuitable recommendations, failed to sufficiently disclose…
Kenneth Anthony Luccioni of Sacramento, California, a stockbroker registered with Triad Advisors LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $5,000.00 in damages based upon allegations that Luccioni made unsuitable recommendations of mutual funds when Luccioni was associated with Triad Advisors LLC. Financial Industry…
Jack Lewis Jones (also known as JJ Jones) of Houston, Texas, a stockbroker currently registered with Triad Advisors, is identified in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $100,000.00 in damages because Jones allegedly provided unsuitable investment recommendations to the customer regarding a private placement when Jones was…
Triad Advisors LLC, a securities broker dealer headquartered in Atlanta, Georgia, has been censured and fined $195,000.00 by Financial Industry Regulatory Authority (FINRA) based in part on findings that Triad Advisors failed to supervise stockbrokers’ recommendations of alternative mutual funds, including the LJM Preservation and Growth Fund (LJM), which resulted in losses to Triad Advisors’…
Gregg Scott Lentz, of Waukesha, Wisconsin, a stockbroker formerly registered with Triad Advisors LLC, is referenced in a customer initiated investment related written complaint which was settled on March 25, 2020, to resolve allegations that Lentz made unsuitable recommendations to the customer regarding a variable annuity purchase during the period that Lentz was associated with…
Christopher Thomas Tolmacs of Portage Michigan a stockbroker formerly registered with Triad Advisors is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer sought $225,000.00 in damages based upon allegations of the violation of securities rules and the breach of fiduciary duty by the stockbroker as it pertained to…
Triad Advisors LLC a securities broker dealer headquartered in Atlanta Georgia has been censured and fined $150,000.00 by Financial Industry Regulatory Authority (FINRA) based on findings of Triad’s failure to supervise its stockbrokers’ transactions resulting in unsuitable trades being effected in customers’ accounts. Letter of Acceptance Waiver and Consent No. 2017052330501 (Feb. 9, 2021). According…
Christopher Thomas Tolmacs (also known as Chris Tolmacs) of Portage Michigan a stockbroker formerly registered with Triad Advisors Inc. is the subject of a customer initiated investment related arbitration claim which was settled for $95,000.00 in damages based upon allegations that (1) the customer was placed in bad alternative investments including business development company (BDC)…
David Arthur Hicks of Baltimore Maryland a stockbroker currently registered with Triad Advisors LLC is the subject of a customer initiated investment related complaint in which the customer sought $13,000.00 in damages based upon accusations that misrepresentations had been made by Hicks concerning real estate investment trust products he sold to the customer when associated…
Liam Gerard O’Keeffe of Danbury Connecticut a stockbroker formerly registered with Triad Advisors is referenced in a customer initiated investment related arbitration claim which was settled for $65,000.00 in damages supported by accusations that between 2001 and 2016: (1) bad investment recommendations were made to the customer and (2) misrepresentations had been made concerning the…
Christopher Thomas Tolmacs of Portage, Michigan, a stockbroker formerly registered with Triad Advisors, Inc., is the subject of a customer initiated investment related arbitration claim, which settled for $51,000.00 in damages based upon allegations that Tolmacs made unsuitable investment recommendations to the customer concerning business development corporations, exchange traded funds and fixed annuities. FINRA Arbitration Case…
Leavitt Freeman Sanders, of West Point, Georgia, a stockbroker formerly registered with INVEST Financial Corporation, has been named in a customer initiated investment related written complaint, which settled on January 16, 2017, for $11,503.00 in damages based upon allegations that Sanders effected investment strategies concerning options products that were misrepresented and unsuitable for the customer….
Leavitt F. Sanders, of West Point, Georgia, a stockbroker formerly registered with Triad Advisors, Inc., was named in a customer initiated investment related arbitration claim on August 15, 2016, in which the customers requested $3,835,000.00 in damages based upon allegations that Sanders effected an investment strategy for customers which was not suitable. From December 15,…
Gary Lee Rathbun and Douglas Scott Miller, both of Toledo Ohio, and stockbrokers for Triad Advisors, Inc., were permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member firm in any capacity after engaging in unauthorized outside business activities. Letter of Acceptance, Waiver and Consent, No. 2014041919401 (May 17, 2016). According to the AWC,…
Triad Advisors LLC, headquartered in Norcross, Georgia, was censured and fined $125,000.00 by Financial Industry Regulatory Authority (FINRA) for failing to apply sales charge discounts to eligible customers’ purchases of unit investment trusts; and failed to develop and adequately implement supervisory policies and procedures to ensure that such customers received sales charge discounts on all…
Christopher Thomas Tolmacs of Portage Michigan, was permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity after consenting to findings that he failed to cooperate with a FINRA investigation into allegations that Tolmacs engaged in unauthorized transactions with customers, made misleading statements in connection with such, and potentially converted customer…