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The Securities Arbitration Law Firm of KlaymanToskes announced today that it is investigating claims on behalf of customers of former Morgan Stanley Smith Barney financial advisor Delsa Thomas, who were directed to invest in Tejas Eagle Financial, LLC. According to recent reports, Thomas directed some of her clients to invest hundreds of thousands of dollars into this investment, which allegedly turned out to be a Ponzi scheme. Some customers of Thomas have already filed a lawsuit in an effort to recover their losses.
Investors who sustained losses by investing in Tejas Eagle Financial, LLC at the recommendation of Thomas may be able to recover their losses by filing an individual securities arbitration claim against MSSB with the Financial Industry Regulatory Authority’s (“FINRA”) Arbitration Department. Under FINRA Rules, during the time Thomas was registered with MSSB, the firm had an obligation to supervise her activities, and to ensure that the recommendations provided by her to her customers were suitable.
If you lost money investing in Tejas Eagle Financial and/or with Delsa Thomas, please contact KlaymanToskes at 888-997-9956 to explore your legal options with one of our securities attorneys and to learn the differences between securities arbitration and class action. You may be able to file a claim or lawsuit to recover your investment losses.