According to records provided by the Financial Industry Regulatory Authority (FINRA), former Ohio-based Robert W. Baird broker Thomas Hissong is currently not licensed to act as a broker or as an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Hissong (CRD# 4229221).
Thomas Hissong has spent ten years in the securities industry and was registered with Robert W. Baird & Company in Akron, Ohio from 2000-2011. He is currently not registered with any state or firm.
According to his BrokerCheck report, Thomas Hissong is the subject of one pending customer complaint and one denied customer complaint.
In 2014 a customer alleged Thomas Hissong, while employed at Robert W. Baird & Company, engaged in excessive trading and recommended unsuitable mutual funds. The customer is seeking unspecified damages in the pending complaint.
In 2011 a customer alleged Thomas Hissong, while employed at Robert W. Baird & Company, recommended trades to generate commissions. The customer sought unspecified damages in the complaint, which was denied.
FINRA rules and federal securities law require brokers and financial advisers like Thomas Hissong LeBlanc to recommend only investments that are suitable for their clients. They must consider such factors as the client’s age, investment goals, investment needs, income, and risk tolerance. Brokers may not misrepresent or omit material facts connected to the product in a manner that encourage cause clients to invest unsuitably. Brokerage firms like Robert W. Baird & Company have a supervisory duty to ensure that their brokers adhere with these rules; brokers and firms who misrepresent unsuitable transactions may be subject to disciplinary action from FINRA, the Securities and Exchange Commission, or state authorities.
If you have suffered losses while investing with Thomas Hissong, you may be entitled to a recovery. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.