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Sigma Broker, Tomas Velken Has TIC Complaints

The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding California-based Sigma broker Tomas Velken (CRD# 1600404).

Tomas Velken has spent twelve years in the securities industry and has been registered with Sigma Financial Corporation in Lafayette, California since 2003. He is a registered broker in eight US states: Arizona, California, Florida, Indiana, Nevada, New Jersey, New York, and Wisconsin.

shutterstock_1100090According to his BrokerCheck report, Tomas Velken is the subject of six customer complaints and seven pending customer complaints.

In 2015 a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, acted negligently and made material misrepresentations in connection to investments in tenant-in-common (TIC) interests. The customer is seeking $115,000 in damages in the pending complaint.

In 2015 a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, committed fraud, breached his fiduciary duty, acted negligently, and misrepresented material facts related to TIC investments purchased from 2005-2007. The customer is seeking more than $1,777,400 in damages in the pending complaint.

In 2013 a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, misrepresented material facts related to an investment, committed fraud, breached contract, and acted negligently in connection to investments in TIC interests. The complaint settled for $100,000.

In 2013 a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, misrepresented and recommended unsuitable TIC investments. The complaint settled in 2013 for $165,000.

In 2012 a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, committed fraud, acted negligently, breached contract, and misrepresented material facts related to an investment. The complaint settled for more than $189,200.

In 2011 a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, made material misrepresentations, committed fraud, acted negligently, and breached contract. The complaint settled in 2012 for more than $18,400.

In 2011 a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, breached his fiduciary duty in connection with an investment in TIC interests. The complaint settled in 2012 for $252,500.

In 2011 a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, misrepresented material facts and failed to conduct adequate due diligence into certain TIC investments. The complaint settled for $225,500.

If you have suffered losses investing with Tomas Velken, you may be able to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you collect money. The law establishes a limited window to file claims, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.