Did you lose money investing with Annemarie Thomas (a/k/a Annemarie Seemann) (CRD# 2480458)?
Galvin Legal, PLLC is launching an investigation on behalf of investors who may have suffered losses investing with Annemarie Thomas (a/k/a Annemarie Seemann). If you suffered losses investing with Annemarie Thomas (a/k/a Annemarie Seemann), then Galvin Legal, PLLC may be able to help you recover your losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim.
If you suffered losses and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117.
As of October 14, 2020, Annemarie Thomas (a/k/a Annemarie Seemann)’s FINRA BrokerCheck Report contains the following:
Disclosure Events
1 Regulatory Event(s)
See FINRA Letter of Acceptance, Waiver and Consent No. 2017053017501
1 Employment Separation After Allegations
UPDATE 10/13/2020: According to FINRA’s February 2019 Disciplinary Actions: “Annemarie Thomas (CRD #2480458, Cardiff, California) December 17, 2018 – An AWC was issued in which Thomas was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for six months. Without admitting or denying the findings, Thomas consented to the sanctions and to the entry of findings that in an effort to accommodate a customer, she assisted in the submission of a Letter of Authorization (LOA) authorizing funds to be wired from the customer’s account, as well as other documents, that Thomas knew or should have known were not genuine. The findings stated that although the customer had previously approved the wire transfer, the customer did not execute the LOA and, in fact, was out of the country at the time of its purported execution. After a supervisor at the member firm questioned the authenticity of the LOA, Thomas and her team member submitted a letter, purportedly signed by the customer, to persuade the supervisor to process the wire request. Thomas also participated on a call with the supervisor where someone purporting to be the customer confirmed the wire request. Based on the call, the supervisor approved the wire for processing. The firm followed-up with the customer several weeks later and learned that although the customer did in fact want the transfer, she was out of the country, did not sign the LOA or subsequent letter and did not participate on a phone call with the supervisor. In addition, Thomas did not accept responsibility for her actions during the firm’s investigation or, at least initially, during FINRA’s inquiry. The suspension is in effect from December 17, 2018, through June 16, 2019. (FINRA Case #2017053017501)
Current and Previous Registrations
02/11/2010 – 01/26/2017 WELLS FARGO CLEARING SERVICES, LLC (CRD#:19616) CARLSBAD, CA
06/01/2009 – 02/16/2010 MORGAN STANLEY SMITH BARNEY (CRD#:149777) CARLSBAD, CA
04/02/2007 – 06/01/2009 MORGAN STANLEY & CO. INCORPORATED (CRD#:8209) CARLSBAD, CA
02/02/1998 – 04/02/2007 MORGAN STANLEY DW INC. (CRD#:7556) CARLSBAD, CA
If you suffered losses and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117.
Due Diligence Requirement
FINRA requires broker’s to conduct due diligence on investments and to conduct a suitability analysis when recommending securities to a customer that takes into account the customer’s knowledge and experience. FINRA Rule 2111(a) states that “a member or an associated person must have a reasonable basis to believe that a recommended transaction or investment strategy involving a security or securities is suitable for the customer, based on the information obtained through the reasonable diligence of the member or associated person to ascertain the customer’s investment profile. A customer’s investment profile includes, but is not limited to, the customer’s age, other investments, financial situation and needs, tax status, investment objectives, investment experience, investment time horizon, liquidity needs, risk tolerance, and any other information the customer may disclose to the member or associated person in connection with such recommendation.”
Rule 2111 is composed of three main obligations: reasonable-basis suitability, customer-specific suitability, and quantitative suitability. Brokers and the brokerage firms they work for that fail to conduct adequate due diligence on investments they recommend or that make unsuitable recommendations can be held responsible for the customer’s losses in a FINRA arbitration claim.
If you suffered losses and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117.
Request a Free Consultation with a Securities Attorney
If you suffered losses investing with Annemarie Thomas (a/k/a Annemarie Seemann) and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117.
This information is all publicly available and is being provided to you by Galvin Legal, PLLC.
Galvin Legal, PLLC is a national securities arbitration, securities mediation, securities litigation, securities fraud, securities regulation and compliance, and investor protection law practice. For more information on Galvin Legal, PLLC and its representation of investors, please visit www.galvinlegal.com or call 1-800-405-5117.