Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on December 23, 2017 indicate that former Nebraska-based BB Graham & Company broker/adviser Thomas Mayo was recently sanctioned by state regulatory authorities and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Mayo (CRD# 2639261).
Thomas Mayo has spent 21 years in the securities industry and was most recently registered with BB Graham & Company in Broken Bow, Nebraska (2015-2017). Previous registrations include Alton Securities Group in Broken Bow, Nebraska (2011-2015); Securities America in Broken Bow, Nebraska (1997-2011); the ON Equity Sales Company in Blue Ash, Ohio (1996-1997); and Franklin Financial Services in Houston, Texas (1995-1996). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on August 17, 1996; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 22, 1995; Series 7 (General Securities Representative Examination), which he obtained on April 5, 1997; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on September 22, 1995; and Series 24 (General Securities Principal Examination), which he obtained on June 27, 1997. He is currently not registered with any state or firm.
According to his BrokerCheck report, Thomas Mayo has received one customer complaint and one regulatory sanction.
In October 2017 he was sanctioned by the Nebraska Department of Banking and Finance in connection to allegations he made an unsuitable recommendation involving sales of exchange-traded funds. He was issued a fine of $7,500.
In 2015 a customer alleged Thomas Mayo, while employed at Securities America, breached contract, overcharged advisory fees, and breached his fiduciary duty in connection to alternative investments. The complaint settled in 2016 for $130,000.
If you or someone you know has complaints regarding Thomas Mayo, 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.