Public records published by the Financial Industry Regulatory Authority (FINRA) on September 28, 2016 indicate that Michigan-based Merrill Lynch broker/adviser Thomas Gray has been the subject of several customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Gray (CRD# 1781672).
Thomas Gray has spent 28 years in the securities industry and has been registered with Merrill Lynch in Clinton Township, Michigan since 1988. Previous registrations include First Continental Securities Corporation of America (1988). He is a registered broker and investment adviser with twenty US states and territories: Arizona, California, Delaware, Georgia, Illinois, Indiana, Louisiana, Maryland, Michigan, Minnesota, Nevada, New York, North Carolina, Ohio, Oregon, Pennsylvania, Texas, Virginia, Wisconsin, and Wyoming.
According to his BrokerCheck report, Thomas Gray has received five customer complaints.
In 2005 a customer alleged Thomas Gray, while employed at Merrill Lynch, misrepresented material facts and made unsuitable recommendations. The complaint settled in 2007 for $17,500.
In 2004 a customer alleged Thomas Gray, while employed at Merrill Lynch, failed to properly diversify her portfolio. The complaint settled in 2005 for $100,000.
In 2003 a customer alleged Thomas Gray, while employed at Merrill Lynch, recommended unsuitable investments and over-concentrated the account. The complaint settled in 2004 for $90,000.
In 2003 a customer alleged Thomas Gray, while employed at Merrill Lynch, recommended unsuitable investments, over-concentrated the account, acted negligently, and committed fraud. The complaint settled in 2005 for $17,500.
If you have complaints regarding or have lost money investing with Thomas Gray, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. Fitapelli Kurta takes every case on a contingency basis, which means Fitapelli Kurta only gets paid if and when you collect money. By law there may be a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.