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Thomas Prichard Allegedly Failed to Follow Client’s Liquidation Instructions

Jan 27, 2023 Investor Disputes

Thomas Prichard (CRD #: 6488840), a broker registered with Edward Jones, allegedly failed to follow a client’s instructions, according to his BrokerCheck record, accessed on January 18, 2023. Read on to learn more about his alleged conduct as a broker.

Investor Dispute

On October 10, 2022, an investor alleged that Thomas Prichard failed to follow her instructions to liquidate her account if it dropped below $1 million in value. The client sought $250,475 in damages but the dispute was denied by the firm.

However, investors should know that firms can deny disputes without an outside review. Investors may be able to recoup their losses by pursuing FINRA arbitration after a denial.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failure to follow instructions may violate FINRA Rule 2010. 

Background Information

Thomas Prichard has passed the following exams:

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

Thomas Prichard is a registered broker in 24 states and a registered investment adviser in Missouri and Texas.

Kurta Law Can Help

If you worked with Thomas Prichard and you have concerns about your investments, please contact us today at 877-600-0098 or 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 and 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.