If you have invested with Melville, New York stockbroker Thomas J. Tedeschi, you may be able to pursue recovery of your losses through FINRA arbitration or securities litigation.
According to a recent FINRA report, Thomas J. Tedeschi failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance, ultimately leading to his brief suspension from association with any FINRA member firm. His suspension was lifted on October 6, 2016.
In addition, recent FINRA records indicate that on or about January 27, 2015, a customer dispute involving Tom Tedeschi alleging various unauthorized purchases while he was registered with Aegis Capital Corporation was settled for $60,000.
Stockbrokers like Thomas Tedeschi have a regulatory duty to ensure that any recommendation to purchase these types of investments are suitable for the needs of each customer. Both stockbrokers and the brokerage firms they are registered with may be held liable for investment recommendations that are unsuitable for clients.
If you are an investor that has suffered losses investing with New York stockbroker Thomas J. Tedeschi, you may be able to recover your losses through FINRA arbitration or securities litigation. Please call Kons Law Offices at (312) 757-2272 for a FREE, NO OBLIGATION consultation to discuss your investment loss recovery options.
Kons Law Offices represents investors nationwide in securities arbitration and litigation matters. To learn more about the Firm’s securities litigation and FINRA arbitration practice, please visit www.investmentlossattorney.com.