Investor Alert: Thaddeus Michael Eubanks (CRD #5888014) – Investors May Recover Losses
Thaddeus Michael Eubanks (CRD#: 5888014), also known as Thaddeus Eubanks, is a financial advisor with Edward Jones in Yuba City, California. According to FINRA BrokerCheck, a customer complaint filed in September 2025 claims that Eubanks made unsuitable investment recommendations involving Fisker Inc. stock and margin trading. The investor is seeking $2.5 million in damages for losses that allegedly occurred between February 2021 and December 2023.
Customer Complaint Details
The complaint says Thaddeus Eubanks advised a client to keep a large position in Fisker Inc. (FSR) and even use borrowed funds (margin) to buy more shares. These alleged actions increased the client’s risk exposure and caused major losses when the stock’s value dropped.
Under FINRA Rule 2111 (Suitability), brokers must make sure that investments fit the customer’s goals, income, and risk tolerance. Recommending a concentrated position in a volatile stock—especially on margin—can be considered unsuitable and negligent.
Why This Matters to Investors
Investing too heavily in one stock, or using margin, can quickly lead to big losses if the market turns. Brokers are expected to manage risk carefully and make balanced recommendations.
If your advisor told you to hold or increase a risky investment—especially using borrowed funds—you may have been given advice that violated FINRA’s suitability rules.
Your Rights as an Investor
If you lost money because of Thaddeus Eubanks’ investment recommendations, you may have the right to recover your losses through FINRA arbitration. Investors have successfully recovered money in cases involving unsuitable advice, excessive risk-taking, and improper use of margin.
Goodman & Nekvasil, P.A. – National Investment Recovery Lawyers
Goodman & Nekvasil, P.A., based in St. Petersburg, Florida, represents investors nationwide who have lost money due to bad investment advice, broker fraud, or misconduct. The firm has recovered more than $500 million for investors through FINRA arbitration.
The firm is investigating claims involving Thaddeus Michael Eubanks including margin and concentrated stock investments. Goodman & Nekvasil offers free case evaluations and works on a contingency-fee basis, meaning you don’t pay unless they recover money for you.
📞 Call (800) 500-4442 or visit www.RightsForInvestors.com for a free consultation to discuss your potential claim.
Some of the information in this blog post was obtained from FINRA on 10/23/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.