Jay Clint Tomlinson (Jay Tomlinson) – Broker Jay Tomlinson Suspended from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Jay Clint Tomlinson (Jay Tomlinson) CRD #2680269
Jay Tomlinson is a previously licensed financial advisor with R.F. Lafferty & Co., Inc. According to FINRA, Jay Tomlinson was suspended from the securities industry for three months and fined $7,500 in December 2020.
According to FINRA Allegations:
From October 2015 through April 2016, Tomlinson improperly exercised discretion without written authorization when placing 379 trades in the accounts of three customers, in violation of NASD Rule 2510(b) and FINRA Rule 2010. Tomlinson also failed to mark those trades as discretionary, and affirmatively mismarked order tickets for 14 of those trades as “unsolicited,” in violation of FINRA Rules 4511 and 2010.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Jay Tomlinson 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 concerning Jay Tomlinson’s 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 $200 million on behalf of victimized investors. If you lost money on investments with Jay Tomlinson 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.
Some of the information in this blog post was obtained on 12/15/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.