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Thomas Casolaro Investor Seeking Quarter Million in Damages

Thomas Casolaro

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on June 6, 2018 indicate that Florida-based Newbridge Securities Corporation broker Thomas Casolaro is involved in resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Casolaro (CRD# 1812805).

Thomas Casolaro has spent 29 years in the securities industry and has been registered with Newbridge Securities Corporation in Boca Raton, Florida since 2004. Previous registrations include Kirlin Securities in Syosset, New York (1998-2004); Preferred Securities Group in Boca Raton, Florida (1998); HJ Meyers & Company in Rochester, New York (1989-1998); Alison Baer Securities (1989); Princeton Securities Corporation in Syosset, New York (1989); Allied Capital Group (1988-1989); and Graystone Nash (1988). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 9, 1997; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on October 3, 1988; Series 7 (General Securities Representative Examination), which he obtained on April 16, 1988; Series 4 (Registered Options Principal Examination), which he obtained on May 19, 1998; and Series 24 (General Securities Principal Examination), which he obtained on February 1, 1993. He is a registered broker and investment adviser with 26 US states and territories.

According to his BrokerCheck report, he has received one customer complaint, one pending customer complaint, and two customer complaints that were closed or denied.

In February 2018 a customer alleged Thomas Casolaro, while employed at Newbridge Securities Corporation, failed in his supervisory duties. The customer is seeking $250,000 in damages in the pending complaint.

In 2009 a deceased customer’s family alleged Thomas Casolaro, while employed at Newbridge Securities Corporation, recommended unsuitable trades. The claimants sought $42,000 in damages in the complaint, which was closed with no action taken.

In 2001 a customer alleged Thomas Casolaro, while employed at Kirlin Securities, recommended unsuitable investments, churned the account, misrepresented material facts, and failed in his supervisory duties. The complaint settled for $37,500.

In 2000 a customer alleged he, while employed at Kirlin Securities, recommended unsuitable investments and failed to follow instructions. The customer sought $240,000 in damages in the complaint, which was denied.

If you or someone you know has complaints regarding Thomas Casolaro, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.