National investment loss lawyers KlaymanToskes is investigating broker Tony Cross (CRD# 3155726) of The O.N. Equity Sales Company (ONESCO), Vanderbilt Securities, and MML Investors Services who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his violation of FINRA rules by exercising discretionary authority when placing 633 trades in 126 customer accounts.
FINRA Rule 3260(b) prohibits registered representatives from exercising any discretionary power in a customer’s account unless the customer has given prior written authorization to a stated individual or individuals and the account has been accepted by the member in writing.
According to FINRA BrokerCheck, Anthony Lynn Cross a/k/a Tony Cross was registered as a broker with The O.N. Equity Sales Company (ONESCO) from 2001 to 2020, when he was terminated due to allegations concerning violations of firm policy. From 2020 to 2021, Cross was registered as a broker with Vanderbilt Securities. Cross is currently registered with MML Investors Services in Edmund, OK.
Investors that suffered losses with broker Tony Cross are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations.
The articles linked below contain important information relating to KlaymanToskes’ investigation of broker Tony Cross:
If you suffered losses with broker Tony Cross, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
*Exclusive of attorney’s fees and costs.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Tony Cross. These signs could potentially indicate misrepresentation, omission, negligence, or misconduct. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Tony Cross, or have concerns regarding your investment portfolio at M Holdings Securities and/or Lion Street Financial, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.