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Tomas Velken (Sigma) Has Pending and Settled Complaints

 Tomas Velken Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on July 16, 2016 indicate that California-based Sigma Financial broker Tomas Velken has received numerous resolved or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Velken (CRD# 1600404).

Tomas Velken has spent 12 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.

According to his BrokerCheck report, Tomas Velken has received nine customer complaints and five pending customer complaints.

In June 2016, a customer filed a complaint against Tomas Velken alleging that Sigma Financial, in 2007, “failed to adequately supervise its representatives and failed to perform adequate due diligence on the TIC investment.” The customer is seeking $1,600,000 in damages in the pending complaint.

In September 2015, a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, acted negligently and misrepresented material facts related to investments in tenant-in-common (TIC) interests. The complaint settled in 2016 for $30,000.

In March 2015, a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, made material misrepresentations. The customer is seeking $592,600 in damages in the pending complaint.

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

In 2014, a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, committed fraud, breached his fiduciary duty, and acted negligently. The customer is seeking $1,340,000 in damages in the pending complaint.

In 2014, a customer alleged Tomas Velken, while employed at Sigma Financial Corporation, misrepresented material facts, committed fraud, breached contract, and acted negligently. The customer is seeking $690,000 in damages in the pending complaint.

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

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

If you or someone you know has suffered losses investing with Tomas Velken, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recoup losses. Fitapelli Kurta accepts every case on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.