Christopher Thomas Tolmacs Formerly Licensed with Triad Advisors, Inc., Barred from Securities Industry – Goodman & Nekvasil P.A, May Recover Your Investment Losses

Goodman & Nekvasil P.A, May Recover Your Investment Losses - Christopher Thomas Tolmacs Formerly Licensed with Triad Advisors, Inc., Barred from Securities Industry

Christopher Tolmacs was licensed with Triad Advisors, Inc. from 2008 to 2016. Christopher Tolmacs was barred from the securities and investment banking industry by the Financial Industry Regulatory Authority (FINRA) on March 10, 2016. Christopher Tolmacs consented to the sanction and to the entry of the findings that Christopher Tolmacs failed to fully respond to requests from FINRA for documents and information and refused to appear for the continuation of Christopher Tolmacs’ on-the-record testimony requested by FINRA during the course of an ongoing FINRA investigation, into whether Christopher Tolmacs had entered into lending agreements with several of his customers through the issuance of promissory notes, and assessing whether those arrangements violated FINRA Rules, whether Christopher Tolmacs made materially misleading statements and omissions in connection with those arrangements, and whether Christopher Tolmacs converted customer funds.

FINRA reports that a complaint was filed involving Christopher Tolmacs’ conduct with Harbinger Asset Management, LLC and Harbinger Financial Group, Inc. This complaint did not settle and went to final hearing. The arbitration panel found Christopher Tolmacs liable and ordered Christopher Tolmac to pay the claimants $1,200,000 in compensatory damages based on the arbitration panel’s finding of negligence, gross negligence, breach of fiduciary duty, willful wanton misconduct, conversion of funds, securities fraud, and violation of the Securities and Exchange Act of 1934.  

FINRA also reports that approximately 8 arbitration claims involving Christopher Tolmacs’ conduct with Triad Advisors, Inc. have been settled, with the largest settling for $225,000 and $146,000.

If you lost any money on investments with Christopher Tolmacs while Christopher Tolmacs was employed with Triad Advisors, Inc., you may be able to recover your losses from Triad Advisors, Inc. This is because Triad Advisors, Inc. had a duty to supervise Christopher Tolmacs.

If you lost money on investments with Christopher Tolmacs and believe that 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 Triad Advisors, Inc. concerning Christopher Tolmacs’ 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 $300 million on behalf of victimized investors. If you lost money on investments with Christopher Tolmacs 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.

 

Keywords: Christopher Thomas Tolmacs, Triad Advisors, Christopher Tolmacs, Tolmacs, Harbinger Asset Management, Harbinger, Securities Attorney, Attorney, Securities, Goodman and Nekvasil, Goodman, Nekvasil, Investment, Investor, Lawyer 

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.
10 + 1 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.