Illinois-based Lasalle St. Securities broker Thomas Stamborski has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Stamborski (CRD# 838908).
Thomas Stamborski has spent 31 years in the securities industry and was most recently registered with LaSalle St. Securities in Palatine, Illinois (2005-2015). Previous registrations include Focused Investments in Chicago, Illinois; Wayne Hummer Investments in Chicago, Illinois; LaSalle St. Securities in Elmhurst, Illinois; Rodman & Renshaw in Chicago, Illinois; Whytecliffe Securities; Brook Investments; Parliament Securities; and Francis Manzo & Company. He is currently not registered with any state or firm.
According to his BrokerCheck report, Thomas Stamborski is the subject of two regulatory sanctions and resigned from LaSalle St. Securities.
In April 2016 FINRA barred Thomas Stamborski following allegations he failed to respond to requests for information or testimony regarding his resignation from LaSalle St. Securities. He was permanently barred from the securities industry.
In December 2015 Thomas Stamborski resigned from his position at LaSalle St. Securities following allegations he “failed to update an Outside Business Activity with his firm when a material change occurred.”
In 1991 the National Association of Securities Dealers (NASD) sanctioned Thomas Stamborski following allegations he caused a limited partnership offering to be closed, caused the funds from an escrow account to be released, and failed to return funds to investors. He was censured and issued a $5,000 fine.
If you or someone you know has complaints regarding Thomas Stamborski, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: 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.
Information in this article has been made available to the public by FINRA on April 12, 2016.