Close Menu
Free Consultation: 888-976-6111

Thomas Kelly: Complaints Against New York City Financial Advisor

Settled and pending complaints against New York City broker and investment advisor Thomas Kelly (CRD#: 2877415) allege conduct including unauthorized trading, negligence, suitability violations, and more. Kelly is a former representative of National Securities Corporation, according to information drawn from Financial Industry Regulatory Authority records.

A pending 2019 alleges that as a representative of National Securities Corporation, Thomas Kelly executed unauthorized trades and made unsuitable investment recommendations. The complaint alleges damages of $4,200,000.

A pending 2018 alleges that as a representative of National Securities Corporation, Thomas Kelly engaged in unauthorized trading, acted negligently, recommended unsuitable equity products, and breached his fiduciary duty. The complaint alleges damages of $500,000.

A pending 2018 alleges that as a representative of National Securities Corporation, Thomas Kelly misrepresented and recommended unsuitable investments, breached his fiduciary duty, and breached contract. The complaint alleges damages of $750,000.

A 2018 complaint alleged that as a representative of National Securities Corporation, he misrepresented material facts, acted negligently, and breached his fiduciary duty. The complaint reached a settlement in 2019 of $30,000.

A 2018 complaint alleged that as a representative of National Securities Corporation, he engaged in excessive trading. The complaint reached a settlement of $12,000.

A 2009 complaint alleged that as a representative of First Republic Group, he executed excessive trades, made false and misleading statements, committed fraud, misrepresented material facts, and breached his fiduciary duty. The complaint reached a settlement of $14,000.

A 2008 complaint alleged that as a representative of First Republic Group, he misrepresented material facts, violated federal and state securities law, breached contract, and made unsuitable investment recommendations. The complaint reached a settlement of $18,000.

A 2006 complaint alleged that as a representative of First Republic Group, he made unsuitable investments, executed excessive trades, and charged excessive commissions. The complaint reached a settlement of $88,000.

A 2005 complaint alleged that as a representative of First Republic Group, he churned investments and made unsuitable transactions. The complaint reached a settlement of $75,000.

Thomas Kelly is currently registered with Aegis Capital in New York City, where he has been registered since 2018. His employment history includes National Securities Corporation in New York City; First Republic Group in New York City; Northeast Securities in Mitchelfield, New York; and Nichols Lerner & Company in New York City. He currently holds 26 state licenses and has passed three securities industry qualification examinations.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Jonathan Upton: LPL Advisor Faces $250K REIT Complaint

    Multiple investor complaints against Louisville, Kentucky financial advisor Jonathan Upton (CRD# 4559794) allege that he recommended unsuitable investments. Financial Industry...

    Read More
  • Joy Simar: $203K Complaint Against LPL/Pruco Advisor

    McKinney, Texas financial advisor Joy Simar (CRD# 6147731) recently received an investor complaint alleging that her conduct resulted in six-figure...

    Read More
  • Dan Schmid: Why Did Advisor Resign from Northwestern Mutual?

    Minneapolis, Minnesota financial advisor Dan Schmid (CRD# 6658306) recently resigned from Northwestern Mutual Investment Services in connection with alleged rule...

    Read More
  • Ozzie Ramos: $80K Bond Complaint Against WIS Advisor

    Westlake Village, California financial advisor Ozzie Ramos (CRD# 2572345) recently received an investor complaint alleging that his advice resulted in...

    Read More
  • Previous
  • Next