Investigation of Thomas Gackle and Lowell & Company, Inc.
Have you lost money with financial advisor Thomas Gackle of Novi, Michigan? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Thomas E. Gackle. FINRA barred Gackle from the securities industry after he failed to respond to a FINRA investigation.
FINRA was investigating Thomas Gackle regarding allegations that he had previously been barred from practicing law in the States of Kansas and Missouri. Gackle had failed to disclose that information to his brokerage firm, Lowell & Company, Inc.
According to a 2007 Order filed by the Supreme Court of Kansas, Gackle had possessed child pornography. Kansas indefinitely suspended his law license as a result.
Thomas Gackle was a financial advisor and registered representative of Lowell & Company from September 2006 to April 2015. He worked at a branch office in Novi, Michigan. Gackle ran a couple of his own businesses, including Asset Protection Group, LLC. He has own customer complaint on his record, alleging misrepresentations related to non-traded REITs.
Brokerage firms like Lowell & Company have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado and the Seattle area. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Michigan. Attorney Aaron Israels is licensed to practice law in Michigan, he grew up in nearby Holland, Michigan and also lived for many years in the Detroit area. We also currently represent a number of victims who had their money stolen by other Michigan brokers, including Christopher Tolmacs.
Our attorneys have represented over one thousand investors against many brokerage firms in the past, including LPL Financial, Merrill Lynch, Morgan Stanley, Smith Barney, Stifel Nicolaus & Company, UBS Financial Services, Oppenheimer, Charles Schwab, Wells Fargo Advisors, Ameriprise Financial Services, Raymond James, ProEquities, Securities America, National Securities Corp., and many others.
Click to view: Gackle, Thomas FINRA AWC
Click to view: Gackle, Thomas BrokerCheck 7.21.16
Click to view: Gackle, Thomas Kansas Bar Proceeding
HAVE YOU LOST MONEY WITH THOMAS GACKLE OR LOWELL & COMPANY?
CONTACT ISRAELS & NEUMAN, PLC FOR A FREE CASE EVALUATION
Denver Office: (720) 599-3505
Seattle Office: (206) 795-5798
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.