Stoltmann Law Offices is investigating Tom Caniford, a former LPL broker who pled guilty in Ohio to 135 counts in 2016. The Securities and Exchange Commission (SEC) permanently barred him from the industry, as did the Financial Industry Regulatory Authority (FINRA). Caniford pled guilty to securities fraud, publishing false statements and theft from the elderly and was sentenced to 12 years in prison. He also committed theft, grand theft and sold unregistered securities, according to the SEC. These are all against securities rules and regulations.
According to his online FINRA BrokerCheck report, Tom Caniford was registered with Integrated Resources Equity Corp, Anchor National Financial Services, Lowry Financial Services Corp, Mutual Service Corp, Multi-Financial Securities Corp, Vestax Securities Corp, M Holdings and LPL Financial in North Canton, Ohio from March 2008 until March 2015. He has eight customer disputes against him and one criminal disposition. He is barred from the industry.
Please call our Chicago-based securities law firm today if you suffered losses with Mr. Caniford. His former firm, LPL, may be responsible for losses for not properly supervising him. The call to us is free with no obligation. We sue firms in the FINRA arbitration forum on a contingency fee basis.