Thomas Howard Caniford (Tom Caniford) Financial Advisor/Broker Tom Caniford Barred from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Tom Howard Caniford (Tom Caniford) CRD #1049021
Tom Caniford was a previously licensed financial advisor/broker with LPL Financial LLC. Tom Caniford was barred from the securities industry by the SEC in March, 2017.
According to the SEC:
On the basis of this Order and Respondent’s Offer, the Commission finds that on March 11, 2016, Tom Caniford pleaded guilty to a 135-count indictment before the Stark County (Ohio) Court of Common Pleas in Criminal Case No. 15-CR-1243. Tom Caniford pleaded guilty to 11 counts of prohibited securities acts in the first degree, 15 counts of prohibited securities acts in the second degree, 27 counts of prohibited securities acts in the third degree, and 19 counts of prohibited securities acts in the fourth degree in violation of Ohio Revised Code Section 1707.44(J); one count of unregistered sale of a security in the second degree, two counts of unregistered sale of a security in the third degree, and 15 counts of unregistered sale of a security in the fourth degree in violation of Ohio Revised Code Section 1707.44(C)(1); one count of fraudulent sale of a security in the second degree, two counts of fraudulent sale of a security in the third degree, and 16 counts of fraudulent sale of a security in the fourth degree in violation of Ohio Revised Code Section 1707.44(G); three counts of theft from an elderly person or disabled adult in the third degree and three counts of theft from an elderly person or disabled adult in the fourth degree in violation of Ohio Revised Code Section 2913.02(A)(2) and/or (A)(3); 9 counts of grand theft in the fourth degree in violation of Ohio Revised Code Section 2913.02(A)(2) and/or (A)(3); and 11 counts of theft in the fifth degree in violation of Ohio Revised Code Section 2913.02(A)(2) and/or (A)(3). Tom Caniford was sentenced to a prison term of 12 years, followed by post-release control.
According to Tom Caniford’s BrokerCheck report, eight customer disputes have been filed alleging sales practice violations against Tom Caniford. These customer disputes allege misrepresentation and theft among other allegations. These eight customer disputes have all settled, with one settling for $122,500.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Tom Caniford 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 Tom Caniford’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 $180 million on behalf of victimized investors. If you lost money on investments with Tom Caniford 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 3/2/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.
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