THOMAS MICHAEL LINN is currently employed as a Broker and/or Investment Adviser at ROBERT W. BAIRD & CO. INCORPORATED located at 777 EAST WISCONSIN AVE, MILWAUKEE, WI, 53202.
THOMAS MICHAEL LINN has worked at ROBERT W. BAIRD & CO. INCORPORATED since December 26, 1986
Disclosure History
THOMAS MICHAEL LINN has 2 Disclosure Event(s).
Date: March 16, 2007 Category: Customer Dispute Allegations: AFTER SEVERAL WEEKS OF DISCUSSION WITH CLIENT REGARDING OPTION STRATEGY, CLIENT AND HIS WIFE (ALSO A CLIENT) FURTHER DISCUSSED AND AUTHORIZED IMPLEMENTATION OF OPTION STRATEGY WITH FA ON A MONDAY NIGHT AND AGAIN AUTHORIZED TUESDAY MORNING,PRIOR TO OPENING,EXECUTION OF STRATEGY WITH OPTION CONTRACTS WITH STRIKE PRICES CLOSEST TO MARKET PRICE OF UNDERLYING STOCK. MONDAY EVENING NEWS CREATED SIGNIFICANT DECLINE IN MARKET PRICE OF UNDERLYING STOCK BETWEEN MONDAY CLOSE AND TUESDAY OPENING. ON TUESDAY MORNING, PRIOR TO ENTERING THE ORDERS, FA INFORMED WIFE/CLIENT OF THIS OVERNIGHT NEWS AND THE MOVEMENT OF THE PRICE OF THE STOCK, AFTER WHICH SHE AUTHORIZED EXECUTION OF THE OPTION STRATEGY AT LOWER STRIKE PRICES CLOSE TO THE MARKET PRICE OF THE UNDERLYING STOCK. Damage Amount Requested: $300,000.00 Damages Granted: $5,000.00 Broker Comment: THE CLIENT'S DEMAND FOR RELIEF AT THE ARBITRATION EXCEEDED $226,311.00. THE ARBITRATION PANEL AWARDED THE CLIENTS $5,000.00 AND TAXED $6,412.50 IN COSTS AGAINST THEM, RESULTING IN NET AWARD OF -$1,412.50.
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for THOMAS MICHAEL LINN, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.