Published on:

Anastasios Belesis Has Five Regulatory Sanctions

Anastasios BelesisPublicly available records published by the Financial Industry Regulatory Authority (FINRA) on May 11, 2016 indicate that former New York-based John Thomas Financial broker Anastasios Belesis, also known as Tommy Belesis, has been permanently barred from acting as a broker or an investment adviser. The securities and fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Belesis (CRD# 2707354).

Anastasios Belesis spent 16 years in the securities industry and was most recently registered with John Thomas Financial in New York, New York (2007-2013). Previous registrations include Joseph Gunnar & Company in New York (2005-2007); S.W. Bach & Company in New York (2003-2005); Harrison Securities in Port Washington, New York (2001-2003); Ladenburg Capital Management in Bethpage, New York (1998-2001); and First Asset Management in Garden City, New York (1996-1998). Two of Mr. Belesis’ former employers, John Thomas Financial and Harrison Securities, have since been expelled by FINRA. Mr. Belesis is currently not registered with any firm or state.

According to his BrokerCheck report, Anastasios Belesis is the subject of six customer complaints and five regulatory sanctions.

In April 2016, FINRA suspended Anastasios Belesis (Case # 13-01112) following allegations he failed to comply with an arbitration award or settlement agreement, or to satisfactorily respond to a request for information regarding the status of compliance.

In April 2016, FINRA suspended Anastasios Belesis (Case # 13-00041) following allegations he failed to comply with an arbitration award or settlement agreement, or to satisfactorily respond to a request for information regarding the status of compliance.

In 2015, FINRA sanctioned Anastasios Belesis following allegations he violated antifraud securities regulations regulations by selling proprietarily-held stock while “knowingly or recklessly preventing the entry and execution of marketable customer sell orders in the stock and making material misrepresentations to customers.” Mr. Belesis was issued a permanent bar and a fine of $100,000, as well as disgorgement of more than $1,047,200.

In 2013, a customer alleged Anastasios Belesis, while employed at John Thomas Financial, breached contract, breached his fiduciary duty, and recommended an unsuitable investment strategy. The complaint resulted in an award to the customer of $500,000.

If you have complaints regarding Anastasios Belesis, also known as Tommy Belesis, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.