Citigroup Clients File Disputes About Thomas Tibaldi

Soreide Law Group is investigating possible investor claims against securities broker Thomas Paul Tibaldi [CRD#: 2672406, East Meadow, NY]. Tibaldi worked for (1) Citigroup Global Markets from 2007-Present; (2) Citicorp Investment Services from 2004-2007; and (3) Citicorp Investment Services from 2003-2007.

Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that one or more Citigroup Global Markets investors disputed Tibaldi’s sales practices. Evidently, investors allege sales practice violations in these disputes, including that Tibaldi misrepresented information, breached a fiduciary duty, and effected unsuitable transactions. Here is a brief summary of the disclosures about Tibaldi:

Thomas Tibaldi Allegedly Misrepresents Information To Citigroup Global Markets Client

Evidently, a client of Citigroup Global Markets contested Thomas Tibaldi's sales practices by filing FINRA Arbitration #: 22-00982 on May 6, 2022. Supposedly, Tibaldi misrepresented information, breached a fiduciary duty, and failed to supervise. Allegedly, the mutual transactions involving this securities broker resulted in damages for the client. Therefore, the client seeks compensatory relief from Citigroup Global Markets or Tibaldi in the amount of $44,356 in this ongoing matter.

Citigroup Global Markets Client Accuses Tibaldi Of Omissions

Also, on October 15, 2013, a Citigroup Global Markets client filed an investment-related complaint about Thomas Tibaldi. Specifically, the client alleged that Tibaldi omitted information about penalties and volatility and made inappropriate transactions. For this reason, the client claims that they experienced damages relating to investments in mutual funds. Therefore, the client requested compensation from Citigroup Global Markets or Tibaldi. However, the securities broker-dealer denied this complaint.

Citigroup Global Markets Client Accuses Thomas Tibaldi Of Unsuitable Transactions

Evidently, on April 18, 2008, a Citigroup Global Markets client filed an investment-related complaint about Thomas Tibaldi. Specifically, the client alleged that Tibaldi made unsuitable transactions and misrepresentations. Because of this, the client purportedly sustained damages pertaining to investments in mutual funds. Therefore, the client requested compensation from Citigroup Global Markets or Tibaldi. However, the securities broker-dealer denied this complaint.

Tibaldi Allegedly Provides Unsuitable Advice To Citicorp Investment Services Client

Also, on April 26, 2006, a Citicorp Investment Services client filed an investment-related complaint about Thomas Tibaldi. Specifically, the client alleged that Tibaldi made inappropriate investment recommendations. For this reason, the client claims that they experienced damages relating to investments in mutual funds. Therefore, the client requested compensation from Citicorp Investment Services or Tibaldi. However, the securities broker-dealer denied this complaint.

Damages Resulting From Citigroup Global Markets Securities Broker Thomas Tibaldi?

Did you sustain damages through any sales practice violations by Thomas Tibaldi? If the answer is yes, reach out to Soreide Law Group at (888) 760-6552 and talk with a securities lawyer about a possible recovery of your investment damages. Notably, Soreide Law Group has successfully recovered money for hundreds of investors in all 50 states. The firm represents clients on a contingency fee basis and advances all costs. Tibaldi and brokerage firms Tibaldi associated with deny any and all allegations of sales practice violations.