Advisor Alert: Our Attorneys Are Investigating Thomas Arthur Endersbe For Investment Fraud
Did You Lose Money Because of Thomas Endersbe?
Filed: March 11, 2024
Thomas Endersbe (also known as Tom Endersbe) has been the subject of three (3) 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 Thomas Arthur Endersbe.
Who Is Thomas Arthur Endersbe of Osaic Wealth, Inc.?
- Advisor Name: Thomas Arthur Endersbe
- Aliases: Tom Endersbe
- CRD: 1407028
- Location: St. Louis Park, Minnesota
- Current Employer: Osaic Wealth, Inc.
- Previous Firms: Sagepoint Financial, Inc. and Ameriprise Financial Services, Inc.
- Number of Known Customer Complaints: 3
- Can Thomas Endersbe Be Sued: Yes, in Private Arbitration
- Can Thomas Endersbe’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $275,493
- Highest Settlement: $4,175.50
If you have suffered investment losses by Thomas Endersbe, 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 Endersbe For Broker Misconduct
As of this publication date, Thomas Endersbe has been the subject of 3 customer disputes. Let’s review them below.
In February 2023, a complaint was filed against or in reference to Thomas Endersbe by a customer of Sagepoint Financial, Inc. alleging that the REIT and Business Development Company investments were misrepresented. Per the customer, he/she lost over $70,000 because of Mr. Endersbe’s actions.
In June 2003, a complaint was filed against or in reference to Thomas Endersbe by a customer of American Express Financial Advisors alleging that Mr. Endersbe failed to disclose CDSC when the client purchased B-share mutual funds in 2001. She requested the charges be waived. Per the customer, she lost over $11,641 because of Mr. Endersbe’s actions. On July 31, 2003, Mr. Endersbe settled the claim for $4,175, and some or all of this amount may have been paid by Mr. Endersbe’s employer and/or insurance carrier.
In September 2002, a complaint was filed against or in reference to Thomas Endersbe by a customer of American Express Financial Advisors alleging that the changes that the client made to her portfolio, subsequent to my recommendations, were not suitable. In addition, she alleged that Mr. Endersbe did not disclose the charges that she would incur if she redeemed her investments early. Per the customer, she lost over $275,493 because of Mr. Endersbe’s actions.
How To File A Claim Against Thomas Endersbe of Osaic Wealth, Inc. (previously with Sagepoint Financial, Inc. and Ameriprise Financial Services, Inc.) To Get Your Money Back
If you have questions about Thomas Endersbe, Osaic Wealth, Inc., Sagepoint Financial, Inc., Ameriprise Financial Services, Inc., 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.