313-334-7767

Christopher Tolmacs Allegedly Made Materially Misleading Statements and Omissions in Connection with Lending Arrangements with Customers Arrangements of His Brokerage Firm
Christopher Tolmacs was permanently barred from the securities industry following an investigation by FINRA regarding allegations that he borrowed money from customers of his brokerage firm, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by Detroit securities attorney Peter Rageas together with Cleveland investment fraud attorneys Alan Rosca and James Booker.

Christopher Tolmacs allegedly made materially misleading statements and omissions in connection with lending arrangements with converted customer funds, the AWC reports.

Attorney Peter Rageas has teamed up with Peiffer Rosca Wolf securities lawyers Alan Rosca and James Booker to investigate Christopher Tolmacs’s allegedly fraudulent promissory note sales, and take action on behalf of victimized investors.

Christopher Tolmacs Allegedly Refused to Cooperate with FINRA’s Continuing Investigation and Hence has been Barred from associating with any FINRA Registered Firm in Any Capacity

On March 10, 2016 Christopher Tolmacs was barred from the securities industry after he allegedly failed to fully cooperate with a FINRA investigation, according to the aforementioned AWC currently under review by attorneys Peter Rageas together with attorneys Alan Rosca and James Booker.

Prior to being barred from the securities industry, Tolmacs was employed in the Portage, Michigan branch office of a securities broker-dealer firm headquartered in Atlanta, Georgia, and also managed a couple of his own businesses, including Harbinger Financial Group and Harbinger Asset Management.

Christopher Tolmacs was barred by FINRA following allegations of promissory notes sales made in violation of the FINRA Rules. One should also note that, according to the AWC, Christopher Tolmacs neither admitted nor denied the FINRA findings.
Securities Lawyers Preparing to Help Investors Seek Compensation

Attorney Peter Rageas and the Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged unauthorized transactions and are currently investigating Christopher Tolmacs’ alleged sales of promissory notes. They take most cases of this type on a contingency fee basis , and only get paid out of money they recover for their clients.

Investors who believe they lost money invested in promissory notes sold to them by Christopher Tolmacs may contact Detroit securities lawyer Peter Rageas at 313-962-7777, or the Cleveland securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520.