Thomas Gackle Barred by FINRA

In September, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Thomas Gackle of Plymouth, Michigan a registered representative formerly with Lowell and Company of Novi, Michigan submitted an acceptance, waiver and consent letter whereby he was barred from association with any FINRA in any capacity. The FINRA complaint alleged that Thomas Gackle failed to cooperate with FINRA in their investigation, and failed to appear and provide testimony concerning Gackle’s suspension from the practice of law in Missouri and Kansas.

Registration and disciplinary history

In order to lawfully sell investments to the public,  a registered rep must either be registered or exempt from registration.  Thomas Gackle was registered with:

09/2006 – 04/2015
LOWELL & COMPANY, INC.
08/2005 – 08/2006
SIGMA FINANCIAL CORPORATION

According to FINRA’s CRD disclosure report, Thomas Gackle has been the subject of one customer complaint and one regulatory investigation.

The Law Office of David Liebrader practices exclusively in the field of investment loss recovery.  For the past 23 years, we have dedicated our law practice to assisting investors who have been victims of investment fraud via fraudulent and unsuitable investment transactions.  During that time we have recovered money for over one thousand individuals, pension plans, trusts and companies.  The recoveries we have obtained via judgments, awards and settlements on behalf of our clients exceed $40,000,000.

When investors contact our firm they can expect prompt attention, and a detailed analysis of their issues.  Typical claims that we are asked to review  involve “unsuitability (where a financial advisor makes investment recommendations that are inconsistent with a customer’s investment objectives), claims for “churning” (where a broker enters into an excessive number of trades for the purpose of generating commissions), claims involving illiquid investments such as private placements (I.e., real estate investment trusts, limited partnerships, equipment leasing and oil and gas drilling programs) as well as claims for violations of state securities laws, which often provide investors remedies like attorney’s fees and interest, if they are successful on the claim.

If you suspect that you have been the victim of investment fraud, or had a financial advisor recommend unsuitable investments to you, call us today for a free, confidential consultation at (702) 380-3131.