Last Updated: October 2025 — Roselle Park, NJ
Here’s what you need to know about Roselle Park, NJ stockbroker Rodger Erik Thomas:
- Name: Rodger Erik Thomas (a/k/a Rodger E. Thomas)
- Current Employer: Newbridge Securities Corporation (FINRA broker; registered since 10/24/2018); Investment Adviser Rep with NFSG Corporation (registered since 10/30/2018)
- Prior Firms: SCF Securities, Inc.; SCF Investment Advisors, Inc.; Kovack Securities Inc.; Kovack Advisors, Inc.; National Securities Corporation; National Asset Management, Inc.; Ameriprise Financial Services, Inc.; Ameriprise Advisor Services, Inc.; Morgan Stanley DW Inc. (dates/locations per BrokerCheck)
- Other Business Affiliations: Shield Capital Advisory (President); Life & Health Insurance Agent; multiple community/volunteer roles in Roselle Park, NJ (Hometown Heroes, Boy Scout Troop 58, church trustee/lay servant)
- CRD number: 4010563
- Stockbroker / Financial Advisor: Yes — currently registered with 2 SROs and licensed in multiple U.S. states/territories; passed SIE, Series 7, Series 65, and Series 66
- Can Broker be Sued in FINRA: Yes — multiple customer disputes disclosed, including a pending FINRA arbitration filed August 2025
- Highest Award of Settlement: $36,902.35 (customer complaint while at Ameriprise; settled 05/02/2011)
- Current Customer Dispute Seeks Total Damages of: $500,000 (FINRA Case No. 25-01739; filed 08/19/2025)
If you’ve sustained damages from Mr. Thomas, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Rodger E. Thomas as Your Stockbroker?
BrokerCheck lists one pending FINRA arbitration and several prior, settled disputes:
- Pending (filed August 19, 2025) — FINRA Case No. 25-01739:
A customer alleges unsuitable recommendations in alternative investments (including BDCs and LLCs, plus corporate debt and OTC equity) between Dec. 2016 and Aug. 2018. The Statement of Claim names SCF Securities, Inc. and Newbridge Securities Corporation. Damages sought: $500,000. Status: Pending. - Settled (notice served April 24, 2023; settled June 27, 2023) — FINRA Case No. 23-00496:
Allegation: Misrepresentation involving an alternative investment while at Newbridge. Settlement: $10,000(individual contribution listed as $10,000). - Settled (complaint received Oct. 15, 2021; settled Jan. 31, 2022) — FINRA Case No. 21-02567:
Allegations: Unsuitable recommendation, misrepresentation, breach of fiduciary duty related to GPB Automotive Portfolio, LP while at SCF Securities, Inc. Settlement: $25,000. - Settled (complaint received July 26, 2010; settled May 2, 2011):
Allegation: Structured products were misrepresented to the client while at Ameriprise. Settlement: $36,902.35.
Allegations of Broker Misconduct Against Rodger E. Thomas
- Unsuitable Recommendations — Recommending investments inconsistent with a customer’s profile can violate FINRA Rule 2111 (Suitability); for retail customers after June 30, 2020, recommendations must also satisfy SEC Regulation Best Interest (Exchange Act Rule 15l-1).
- Breach of Fiduciary/Best-Interest Obligations — Alleged in prior matters; Reg BI’s Care Obligation requires acting in the customer’s best interest.
- Misrepresentation / Omission of Material Facts — Use of misleading statements may implicate FINRA Rule 2020 and FINRA Rule 2010.
- Negligence — Failing to exercise reasonable care in recommendations and communications, commonly pled alongside suitability claims.
Registration, Employers & Other Facts at a Glance
- Current Firms/Locations: Newbridge Securities Corporation, 1200 N Federal Hwy, Suite 400, Boca Raton, FL 33432; also IAR with NFSG Corporation; branch/primary work location identified with Roselle Park, NJ.
- Licensing/Exams: SIE (10/01/2018), Series 7 (10/13/1999), Series 65 (07/11/2018), Series 66 (08/14/2007); registered with 2 SROs; licensed in 11 states/territories.
- Other Business Activities: Shield Capital Advisory (President; investment-related), Life & Health Insurance Agent; noted volunteer roles in Roselle Park.
Recover Your Investment Losses Now With Rex Securities Law
Investigations of Newbridge Securities brokers
If you have suffered investment losses in an account handled by Rodger Erik Thomas, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
Firms We Have Pursued On Behalf of Our Clients
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.