Investors potentially experienced sales practice violations by securities broker Thomas Barbaccia [CRD: 2905623, North Hills, New York], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Barbaccia has been registered with Osaic Wealth Inc. since June 14, 2024, and previously worked with Securities America Advisors Inc. and Securities America Inc. from June 14, 2022, to June 14, 2024, as well as Lincoln Financial Advisors Corporation from May 1, 2020, to June 15, 2022 (with financial advisor registration there from June 14, 2021, to June 15, 2022). Keep reading to find out more about Barbaccia’s disclosure history.
Evidently, on January 23, 2024, a Lincoln Financial Advisors Corporation client filed FINRA Arbitration No. 24-00154 about Thomas Barbaccia. Primarily, the client alleged that Barbaccia made unsuitable recommendations. For this reason, the client allegedly incurred damages relating to real estate securities. As a result, the client requested $44,000 in compensation from Lincoln Financial Advisors Corporation or Barbaccia. It appears that this arbitration is ongoing.
Also, a client of Lincoln Financial Advisors Corporation contested Thomas Barbaccia’s sales practices, according to a complaint dated May 8, 2017. Allegedly, Barbaccia made misrepresentations and made unsuitable recommendations. It appears that Barbaccia allegedly caused the client to incur damages connected to real estate investment trusts and variable annuities. Consequently, the client sought compensation from Lincoln Financial Advisors Corporation or Barbaccia. However, the firm denied this complaint.
Did you experience losses because of Thomas Barbaccia? Contact Soreide Law Group at (888) 760-6552 or online and speak with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for clients located throughout the United States. Also, the firm represents investors on a contingency fee basis and advances all costs. Barbaccia and brokerage firms Barbaccia worked for deny accusations of sales practice violations.
JOHN LAWRENCE ALEX (JOHN L ALEX) has been registered both as a broker and financial advisor with MORGAN STANLEY of Morristown, New Jersey, since11/15/2011. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOHN L ALEX has 36 years of experience in the securities industry and has been registered with 4 firms. Alex […]
JOSEPH KELLY (JOE KELLY) has been registered as a broker with VCS VENTURE SECURITIES of New York, NY since 6/17/2026. He was previously registered with SPARTAN CAPITAL SECURITIES LLC of New York, NY from 01/13/2017 - 12/18/2024. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOSEPH KELLY has 21 years of experience […]
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CENTAURUS FINANCIAL, INC (Respondent). The Claimants reside in Arizona and are retired. The Claimants were seeking stable investments that would provide them with income. The lawsuit states that the Claimants have a long-standing relationship with CENTAURUS FINANCIAL and its Financial Advisor, […]
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