Advisor Alert: Our Attorneys Are Investigating Joseph William Tonyan For Investment Fraud

Did You Lose Money Because of Joseph Tonyan?

Filed: October 26, 2023

Joseph Tonyan has been the subject of one (1) termination event and two (2) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Joseph William Tonyan.

Who Is Joseph William Tonyan of Woodbury Financial Services, Inc.?

  • Advisor Name: Joseph William Tonyan
  • Aliases: Joseph Tonyan
  • CRD: 1252187
  • Location: Springfield, Missouri
  • Current Employer: Woodbury Financial Services, Inc.
  • Previous Firms: Sagepoint Financial, Inc., LPL Financial LLC, and Pruco Securities Corporation
  • Number of Known Customer Complaints: 2
  • Number of Known Termination Events: 1
  • Can Joseph Tonyan Be Sued: Yes, in Private Arbitration
  • Can Joseph Tonyan’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $5,000
  • Highest Settlement: $1,500

If you have suffered investment losses by Joseph Tonyan, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Joseph Tonyan For Broker Misconduct

As of this publication date, Joseph Tonyan has been the subject of 1 termination event and 2 customer disputes. Let’s review them below.

In February 2020, a complaint was filed against or in reference to Joseph Tonyan by a customer of Sagepoint Financial, Inc. alleging suitability concerns regarding portfolio allocation. Per the customer, he/she lost over $5,000 because of Mr. Tonyan’s actions. On September 10, 2020, Mr. Tonyan settled the claim for $1,500, and some or all of this amount may have been paid by Mr. Tonyan’s employer and/or insurance carrier.

In October 2011, LPL Financial LLC terminated Joseph Tonyan for violating the firm’s document signature policy.

In October 1998, a complaint was filed against or in reference to Joseph Tonyan alleging that Mr. Tonyan made unsuitable investment recommendations. The client alleged that an unrealized loss of over $5,000 has occurred as a result of the decline in value of her initial fund investment.

How To File A Claim Against Joseph Tonyan of Woodbury Financial Services, Inc. (previously with Sagepoint Financial, Inc., LPL Financial LLC, and Pruco Securities Corporation) To Get Your Money Back.

If you have questions about Joseph Tonyan, Woodbury Financial Services, Inc., Sagepoint Financial, Inc., LPL Financial LLC, Pruco Securities Corporation, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.