DID THOMAS MICHAEL BAER CAUSE YOU INVESTMENT LOSSES?
About Thomas Baer of Arkadios Capital?
Thomas Baer (CRD #1663820) is currently employed with Arkadios Capital as a registered broker and Arkadios Wealth Advisors as an investment advisor in Erie, Pennsylvania, since September 2022. His extensive career in the financial services industry is marked by registrations with multiple firms, including Kalos Capital, Madison Avenue Securities, LLC, and MONY Securities Corporation. Baer is registered in 9 U.S. states and territories and has passed two general industry/product exams and two multi-state securities law exams. His career trajectory reflects a broad and diverse experience within the financial sector, emphasizing his longstanding engagement with various facets of investment advising and securities representation.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Thomas Baer Customer Complaints and Reviews
Thomas Baer’s BrokerCheck record indicates the following disclosures:
- Regulatory Action (Finalized): Initiated by the Insurance Commissioner of the Commonwealth of Pennsylvania on May 1, 2009, Baer faced sanctions for selling insurance policies under misleading circumstances. The case was concluded on July 9, 2009, with Baer agreeing to a cease-and-desist order and a $10,000 civil penalty.
- Customer Dispute (Pending): A complaint received on July 22, 2024, alleges Baer recommended unsuitable structured income notes. The customer’s original investment was $135,000, and the dispute remains unresolved.
Allegations Against Thomas Baer
The specific allegations and accusations in the disclosed events are:
- Misrepresentation in Insurance Sales: The regulatory action involved Baer making false or fraudulent statements on insurance applications, leading to a formal penalty and restrictions on his practice.
- Unsuitable Investment Recommendations: The pending customer dispute accuses Baer of recommending structured income notes that were allegedly unsuitable for the client, with the complaint currently under review.
Thomas Baer Red Flags & Your Rights As An Investor
Of course, Thomas Baer did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Thomas Baer at Arkadios Capital on alert to review carefully the activity and performance of their accounts and question whether Thomas Baer has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Arkadios Capital also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Arkadios Capital Due To Thomas Baer
If you have questions about Arkadios Capital and/or Thomas Baer and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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