Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on May 24, 2018 indicate that Texas-based RBC Capital Markets broker/adviser Thomas Eades is involved in pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Eades (CRD# 704136).
Thomas Eades has spent 38 years in the securities industry and has been registered with RBC Capital Markets in Dallas, Texas since 1998. Previous registrations include Dain Rauscher (1998); Rauscher Pierce Refsnes in Dallas, Texas (1986-1998); and Rotan Mosle (1980-1986). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on March 4, 1996; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 27, 1979; Series 31 (Futures Managed Funds Examination), which he obtained on May 21, 2004; and Series 7 (General Securities Representative Examination), which he obtained on January 19, 1980. He is a registered broker and investment adviser with 27 US states and territories: Arkansas, California, Colorado, Florida, Georgia, Hawaii, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Montana, New Hampshire, New York, North Carolina, Oklahoma, Pennsylvania, Tennessee, Texas, Utah, Vermont, and Virginia. He is registered with ten self-regulatory organizations (SROs): BOX Options Exchange, Cboe Exchange, FINRA, NYSE American, NYSE Arca, Nasdaq BX, Nasdaq ISE, Nasdaq PHLX, the Nasdaq Stock Market, and the New York Stock Exchange.
According to his BrokerCheck report, he has received two pending customer complaints.
In March 2018 a party of customers alleged Thomas Eades, while employed at RBC Capital Markets, over-concentrated their accounts in energy sector master limited partnerships and recommended they continued holding the investments after dividend payments were reduced, resulting in losses. The customers are seeking unspecified damages in the pending complaint.
In February 2018 a party of customers alleged Thomas Eades, while employed at RBC Capital Markets, unsuitably left their accounts “uninvested” in a minimal cash account. The customers are seeking $180,000 in damages in the pending complaint.
If you or someone you know has lost money investing with Thomas Eades, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited by law, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.