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Thomas Logue Allegedly Recommended Unsuitable Investments

Thomas LoguePublic records published by the Financial Industry Regulatory Authority (FINRA) and accessed on January 8, 2018 indicate that former Illinois-based American Independent Securities Group broker/adviser Thomas Logue has been involved in resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Logue (CRD# 1700554).

Thomas Logue has spent 27 years in the securities industry and was most recently registered with American Independent Securities Group in Hinsdale, Illinois (2014-2017). Previous registrations include Investors Capital Corporation in Hinsdale, Illinois (2011-2014); First Midwest Securities in Hinsdale, Illinois (2004-2011); Edwin C. Blitz Investments in Evanston, Illinois (2002-2004); Dreher & Associates in Oakbrook Terrace, Illinois (2001-2002); Fox & Henry in Burr Ridge, Illinois (1995-2001); Securities America in La Vista, Nebraska (1993-1995); Chubb Securities Corporation in Fort Wayne, Indiana (1991-1993); and American Capital Securities in Valley Forge, Pennsylvania (1990-1991). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on April 5, 2014; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 10, 1992; Series 7 (General Securities Representative Examination), which he obtained on July 18, 1997; and Series 24 (General Securities Principal Examination), which he obtained on January 5, 1994. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received two customer complaints and one pending customer complaint.

In December 2017 a customer alleged Thomas Logue, while employed at American Independent Securities Group, recommended unsuitable investments in asset-backed debt. The customer is seeking more than $127,500 in damages in the pending complaint.

In September 2017 a customer alleged Thomas Logue, while employed at American Independent Securities Group, misrepresented and recommended unsuitable investments. The complaint settled in December 2017 for $23,500.

In 2006 a customer alleged Thomas Logue, while employed at First Midwest Securities, executed unauthorized trades. The complaint settled for more than $14,800.

If you have lost money investing with Thomas Logue, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.