California Securities Fraud Attorney Call Today 800-699-1881
California Securities Fraud Lawyer Firm Overview Attorney Profiles Recoveries Obtained Frequently Asked Questions Testimonials Contact Us
information center
Attorney Advertising Disclaimer
Broker Misrepresentation
Brokerage Firms Sued
Structured Products
Hedge Fund Losses
Recognizing Investment Losses
Recovery of Investment Loss
Securities Arbitration
Reverse Convertible
Securities Fraud
Securities Mediation
Securities Litigation
Stock/ Investment Losses
Suitability/ Unsuitability
Unauthorized Trading
Common Claims
Frequently Asked Questions
Attorney Referrals
Video Center
securities fraud blog
legal blog Click here for a free case evaluation. Read our Articles on Securities Related Issues here. have a question resources
contact us
Are you a new client?
10 Avvo avvo badge
If you need help recovering your losses contact us today. View our complete list of brokerage firms and banks we've sued.

Disgraced Merrill Lynch Broker Thomas Buck Sentenced to 40 Months in Prison for Securities Fraud

One year after the SEC barred ex-Merrill Lynch and RBC Capital broker Thomas Joseph Buck from the securities industry (and three years after FINRA barred him for the same), a federal judge sentenced Buck to 40 months in prison for securities fraud.

In barring Buck (CRD #1024868), SEC staff charged the former Merrill Lynch star broker with unauthorized use of discretion, material misrepresentations, microcap/penny stock misconduct, and putting funds into commission-based accounts when fee-based accounts would have been more appropriate for his investors (a handful of Buck's 30+ customer complaints alleged unsuitable recommendations, excessive/unauthorized trading, and failure to follow instructions).

The original SEC complaint alleged that Buck received more than $2.5 million in excessive commissions and fees from more than 50 clients, while Merrill Lynch in 2015 settled 23 complains of fraud levied against Buck for $4.1 million.

If you have invested with former Merrill Lynch broker Thomas Joseph Buck or with any financial adviser whose unsuitable recommendations, omissions or misrepresentations of facts, or unauthorized/excessive trading has proven harmful to your investments or interests, such as through the accumulation of inappropriate and excess commissions/fees, please call The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for investigation and consultation.

The Law Offices of Jonathan W. Evans & Associates - California Securities Fraud Attorney
Located at 12711 Ventura Boulevard, Suite #440 Studio City, CA 91604. View Map
Phone: (800) 699-1881 | Local Phone: (818) 760-9880.