Advisor Alert: Our Attorneys Are Investigating Thomas Ray Bates For Investment Fraud
Did You Lose Money Because of Thomas Bates?
Filed: February 1, 2024
Thomas Bates currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) customer complaint. 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 Thomas Ray Bates.
Who Is Thomas Ray Bates of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.?
- Advisor Name: Thomas Ray Bates
- Aliases: Thomas Bates
- CRD: 1037294
- Location: Columbus, Ohio
- Current Employer: Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.
- Previous Firms: Woodbury Financial Services, Inc. and AXA Advisors, LLC
- Number of Known Customer Complaints: 1
- Can Thomas Bates Be Sued: Yes, in Private Arbitration
- Can Thomas Bates’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $500,000
- Highest Settlement: Unknown
If you have suffered investment losses by Thomas Bates, 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 Thomas Bates For Broker Misconduct
As of this publication date, Thomas Bates has been the subject of 1 customer dispute. Let’s review it below.
In October 2023, a FINRA arbitration was filed against or in reference to Thomas Bates by a customer of Cambridge Investment Research, Inc. alleging that Mr. Bates recommended unsuitable investments. Claimant suggests the investments were misrepresented to him. Per the customer, he lost over $500,000 because of Mr. Bates’s actions. As of this publication date, this claim remains pending.
How To File A Claim Against Thomas Bates of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc. (previously with Woodbury Financial Services, Inc. and AXA Advisors, LLC) To Get Your Money Back
If you have questions about Thomas Bates, Cambridge Investment Research, Inc., Cambridge Investment Research Advisors, Inc., Woodbury Financial Services, Inc., AXA Advisors, LLC, 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.