Thomas Logue, formerly with American Independent Securities Group, Barred from Securities Industry

Have you lost money with financial advisor Thomas Logue of Hinsdale, Illinois?  We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Thomas Joseph Logue, Jr. FINRA barred Logue from the securities industry after he failed to respond to a FINRA investigation.  FINRA was investigating Logue regarding allegations that he engaged in conduct that violated federal securities rules or FINRA regulations.

Thomas Logue was a financial advisor and registered representative of American Independent Securities Group from July 2014 to June 2017.  He also was registered with Investors Capital Corp. from November 2011 to July 2014.  He worked at a branch office in Hinsdale, Illinois.  Logue has been the subject of five customer complaints, many alleging unsuitable transactions related to “asset-backed” debt instruments.  He also owned and operated Logue Financial Planning.

Brokerage firms like American Independent Securities Group 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; Ann Arbor, Michigan; and Seattle, Washington.  We represent investors in FINRA arbitration in all 50 states, including over 150 investors in the past from throughout the Chicagoland area, Northern Illinois, and Central Illinois.

Attorney David Neuman was born in Berwyn, Illinois and grew up in the western suburbs in Addison.  He earned a degree in Finance at the University of Illinois in Urbana-Champaign before earning his law degree at Northern Illinois University in DeKalb, Illinois.  Mr. Neuman also previously worked for a number of Chicago area law firms, including firms in St. Charles, Geneva, Chicago, and Barrington.  He also previously lived in the Ravenswood neighborhood on the north side of Chicago.

Click to view:  Logue, Thomas BrokerCheck 9.17.18

Click to view:  Logue, Thomas FINRA AWC 1

If you lost money with Thomas Logue or American Independent Securities Group, please CONTACT US at 720-599-3505 for a free evaluation of your case.

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.