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Investor Alleges Thomas Tornow Failed to Disclose Facts

Thomas Tornow (CRD #: 2340857), a broker registered with Pruco Securities, allegedly failed to fully inform an investor, according to his BrokerCheck record, accessed on November 28, 2022. Investors may have also engaged his services through Prudential Financial Planning Services. Read on if you want to learn more about his conduct as a broker.

Investor Dispute

On October 18, 2022, an investor filed a dispute alleging that Thomas Tornow failed to fully disclose facts related to charges, expenses, and fees; investment objectives; and guarantees and risks. This dispute was denied by the firm.

However, investors should know that firms can deny disputes without an external review. Investors can still seek out FINRA arbitration following a denial and may be able to recover their funds.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of deceptive, manipulative, or otherwise unethical tactics to influence the purchase and sale of securities. Omitting facts related to investments, such as their fees, violates this rule.

Background Information

Thomas Tornow has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

Thomas Tornow is a registered broker in 11 states and a registered investment adviser in Pennsylvania.

He has also worked for the following firms:

  • MML Investors Services (CRD#:10409)
  • MSI Financial Services (CRD#:14251)
  • Metropolitan Life Insurance Company (CRD#:4095)

Kurta Law Can Help

If you worked with Thomas Tornow 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 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. 

 

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