Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on December 21, 2017 indicate that Louisiana-based Raymond James & Associates broker/adviser Thomas O’Brien has received pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. O’Brien (CRD# 2282208).
Thomas O’Brien has spent 2 years in the securities industry and has been registered with Raymond James & Associates in Shreveport, Louisiana since 2013. He was previously registered with Morgan Keegan & Company in Shreveport, Louisiana (1992-2013). He has passed seven securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on May 2, 2001; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on November 25, 1992; Series 31 (Futures Managed Funds Examination), which he obtained on October 7, 2011; Series 7 (General Securities Representative Examination), which he obtained on November 5, 1992; Series 24 (General Securities Principal Examination), which he obtained on June 19, 2007; Series 10 (General Securities Sales Supervisor – General Module Examination), which he obtained on April 30, 2007; and Series 9 (General Securities Sales Supervisor – Options Module Examination), which he obtained on March 1, 2007. He is a registered broker and investment adviser with 42 US states and territories and with five self-regulatory organizations (SROs): FINRA, NSYE American LLC, Nasdaq PHLX LLC, the Nasdaq Stock Market, and the New York Stock Exchange.
According to his BrokerCheck report, he has received two pending customer complaints.
In November 2017 a party of customers alleged Thomas O’Brien, while employed at Raymond James & Associates, violated FINRA rules, breached contract, breached federal and state laws, participated in fraudulent concealment, committed fraudulent and/or negligent representation, executed unauthorized trades, over-concentrated investments, and failed in his supervisory duties. The customers are seeking $5,000,000 in damages in the pending complaint.
In October 2017 a customer alleged Thomas O’Brien, while employed at Raymond James & Associates, breached his fiduciary duty, fraudulently omitted material facts related to an investment, violated federal securities law, violated Louisiana securities law, and breached contract. The customer is seeking unspecified damages in the pending complaint.
In 2006 a customer alleged Thomas O’Brien, while employed at Morgan Keegan & Company, misrepresented material facts regarding a fixed annuity product. The customer sought unspecified damages in the complaint, which was closed with no action taken.
In 2006 a customer alleged he, while employed at Morgan Keegan & Company, misrepresented and recommended an unsuitable fixed annuity. The customer sought unspecified damages in the complaint, which was closed with no action taken.
If you have lost money investing with Thomas O’Brien, you may be entitled to recoup your losses. Call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means we only get paid if and when you collect a recovery. Time to file your claim may be limited by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.