Thomas Ardavast Kudarauskas (also known as Tom Kudarauskas), of Atlanta, Georgia, a stockbroker associated with Woodbury Financial Services Inc., was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $95,000.00 in damages based upon allegations that Kudarauskas engaged in unsuitable recommendations and trading in alternative investments including BDCs. FINRA Arbitration No. 21-00508 (June 22, 2022).
This is not the first time that Kudarauskas has been referenced in a customer initiated investment related dispute concerning his conduct in the securities industry. FINRA Public Disclosure shows that Kudarauskas was also referenced in a customer initiated investment related complaint that was settled for $40,906.00 in damages based upon allegations that Kudarauskas engaged in unsuitable trading in over-the-counter equities during the time that he was associated with Paulson Investment Company Inc.
On October 18, 1999, another customer initiated investment related NASD securities arbitration claim involving Kudarauskas’s conduct was settled for $30,000.00 in damages based upon allegations that Kudarauskas engaged in unsuitable and unauthorized over-the-counter equities trading when he was associated with Schneider Securities and Paulson Investment Co. Inc. NASD Arbitration No. 98-03693 (October 18, 1999).
Kudarauskas has been associated with Woodbury Financial Services Inc. in Atlanta, Georgia since July 9, 2007, as a stockbroker, and since July 13, 2007, as an investment adviser representative.
