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Thomas Mitcham is Facing an Investor Dispute

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
August 1, 2025 at 7:24pm

Thomas Mitcham (CRD #: 5481389), a broker registered with Cambridge Investment Research, is facing a regulatory action in Alabama. This is according to his BrokerCheck record, accessed on August 1, 2025. Keep reading if you have questions regarding his conduct as a broker. 

Regulatory Action 

On March 30, 2025, the Alabama Securities Commission alleged that it had received a report regarding the possible mismanagement of investment funds. Thomas Mitcham consented to a civil penalty of $15,000 and a restitution payment of $10,000. 

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Mismanagement of investor funds may violate this rule. 

Background Information 

Thomas Mitcham has passed the following exams: 

  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination
  • Series 66 Uniform Combined State Law Examination 

He is a registered broker in 12 states and is a registered investment adviser in Alabama and Texas.  

Thomas Mitcham has registered with the following firms: 

  • Cambridge Investment Research (CRD #: 39543) 
  • Cambridge Investment Research Advisors (CRD #: 134139) 
  • Grove Point Advisors (CRD #: 313171) 
  • Grove Point Investments (CRD #: 1763) 
  • H. Beck, Inc. (CRD #: 1763) 
  • Edward Jones (CRD #: 250) 

Kurta Law Can Help

If you worked with Thomas Mitcham and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

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