Dexter Thomas – Dexter Leroy Thomas, Financial Advisor Discharged from Firm

Goodman & Nekvasil P.A., May Recover Investor Losses | Dexter Thomas – Dexter Leroy Thomas, Financial Advisor Discharged from Firm 

Dexter Thomas was a formerly licensed financial advisor with United Planners’ Financial Services of America, LPL Financial LLC and National Planning Corporation in Dallas, Texas. United Planners Financial Services of America reported to FINRA that Dexter Thomas was discharged on August 2, 2018. United Planners Financial Services of America reported to FINRA that Dexter Thomas affiliated with the Firm in late-2017. A short period of time later, Dexter Thomas passed away. Immediately before his death, Dexter Thomas disclosed that he was involved with a number of private loans or private investments with individuals-some of whom became customers of the Firm-which private loans or investments were neither disclosed to, nor approved by, the Firm. Dexter Thomas’ affiliation was terminated by the Firm. After the Dexter Thomas’ death, a number of individuals, including customers new to the Firm, have claimed that the Dexter Thomas did not return all of the funds privately loaned to or invested with Dexter Thomas.

FINRA also reports that 13 customer disputes involving Dexter Thomas’ conduct are currently pending. Among other allegations, these pending disputes allege violation of the Texas Securities Act, negligence in making unsuitable recommendations, engaging in manipulative and deceitful conduct, and breach of duties. One of these pending disputes alleges damages of $8,100,000.

If you lost money on investments with Dexter Thomas and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against concerning Dexter Thomas’ conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Dexter Thomas and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.  

Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange

Back to Blogs

Contact Us For a Free Consultation

 
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
11 + 5 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.