Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on June 14, 2018 indicate that Connecticut-based Oppenheimer & Company broker/adviser Thomas McCarthy has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. McCarthy (CRD# 1082545).
Thomas McCarthy has spent 35 years in the securities industry and has been registered with Oppenheimer & Company in Cheshire, Connecticut since 1988. Previous registrations include Fahnestock & Company (1988); Moseley Securities Corporation (1984-1988); and Smith Barney Harris Upham & Company (1982-1984). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on March 28, 2006; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 22, 1982; Series 7 (General Securities Representative Examination), which he obtained on December 18, 1982; Series 10 (General Securities Sales Supervisor – General Module Examination), which he obtained on November 8, 1999; and Series 9 (General Securities Sales Supervisor – Options Module Examination), which he obtained on November 8, 1999. He is a registered broker and investment adviser with 15 US states and territories: California, Colorado, Connecticut, Florida, Georgia, Massachusetts, Michigan, Nevada, New Jersey, New York, Rhode Island, South Carolina, Texas, Virginia, and Washington. He is registered with nine self-regulatory organizations (SROs): Cboe Exchange, the Chicago Stock Exchange, FINRA, NYSE American, NYSE Arca, Nasdaq ISE, Nasdaq PHLX, the Nasdaq Stock Market, and the New York Stock Exchange.
According to his BrokerCheck report, he has received one pending customer complaint.
In May 2018 a customer alleged Thomas McCarthy, while employed at Oppenheimer & Company, omitted material facts related to an investment in Puerto Rico bonds, breached contract, breached his fiduciary duty, was negligent in his management of the account, was negligent in his supervisory duties, and violated state securities laws in connection with the concentration if Puerto Rico bonds in the account. The customer is seeking more than $537,900 in damages in the pending complaint.
If you or someone you know has complaints regarding Thomas McCarthy, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.