What Did Your Brokerage Firm or Investment Adviser Do Wrong With GWG
Published On: September 7, 2016

Did you lose money with Thomas Stamborski, a registered broker with LaSalle St. Securities in Chicago, Illinois? If so, our Chicago-based attorneys may be able to help you. Please call 312-332-4200 if you have suffered losses with Thomas Stamborski, who has since been permanently barred from the industry. We may be able to help you bring a claim against his former firm, LaSalle St. Securities, for failing to reasonably supervise him while he was registered there. The call to us is free. We sue firms in the Financial Industry Regulatory Authority (FINRA) arbitration forum on a contingency fee basis only, so we only get paid if you recover your financial losses.

According to his FINRA regulatory action, Stamborski participated in outside business activities, also sometimes referred to as “selling away.” This is against securities rules and regulations, and is a tactic used by brokers to generate large commissions for themselves which they don’t have to share with their brokerage firms. Stamborski was registered with Francis Manzo & Company, Parliament Securities Corp, Brook Investments, Whytecliffe Securities, Rodman & Renshaw in Chicago, Illinois from October 1987 until July 1992, LaSalle St. Securities in Elmhurst, Illinois from July 1992 until February 1998, Wayne Hummer Investments in Chicago from March 1998 until July 2000, Focused Investments in Chicago from April 1998 until August 2005 and LaSalle St. Securities in Palatine, Illinois from September 2005 until December 2015. He is not licensed and has been permanently barred from the industry.

Disclaimer

The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.

Chicago Investment Fraud Attorneys Offering Nationwide Representation to Investors

If you have suffered financial losses because of the negligence or fraud of your financial advisor or broker through unsuitable investment recommendations, over-concentration, churning, misrepresenting risks, conversion or selling away, you have legal rights and options to pursue recovery of those losses.

Stoltmann Law Securities Investment Fraud Attorneys