Tom Moore (CRD #: 2526192), a New York City broker registered with Merrill Lynch, Pierce, Fenner, & Smith, faces a new allegation of unsuitable recommendations, according to his BrokerCheck record, accessed on January 5, 2021. This is his fifth disclosure and his third disclosure related to unsuitable investment recommendations.

Sigma Financial Corporation

On October 27, 2020, a client alleged that Moore recommended unsuitable investments. The client further alleged he misrepresented certain securities and omitted material facts.

On March 25, 2013, a client alleged that Tom Moore executed unauthorized trades. The dispute settled for $59,301.35.

On March 21, 2013, a client alleged that Moore recommended an unsuitable investment. The dispute settled for $30,000.

On October 1, 2012, a client alleged that Tom Moore recommended unsuitable investments and misrepresented securities. The client sought $207,248; the dispute settled for $145,000.

On September 2, 2003, a client alleged that Moore executed unauthorized trades. The client sought $50,000, but the dispute was denied by the firm. But “denied” isn’t the same thing as adjudicated – disputes can be denied without entering into arbitration.

Tom Moore has passed the Series 65 Uniform Investment Adviser Law Examination, the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, and the Series 7 General Securities Representative. He is a registered broker in 18 states and a registered investment adviser in Connecticut and Texas.

During Tom Moore’s 25 years of experience, he has worked at the following firms:

  • Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691)
  • Advest (CRD #: 10)
  • Lebenthal & Co (CRD #: 6490)

If Tom Moore was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email info@fkesq.com for a free case consultation with a securities attorney.

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