Last Updated: June 2025 — Oldsmar, FL
Here’s what you need to know about Oldsmar, FL stockbroker Athanasios Tomaras:
- Name: Mr. Athanasios Tomaras
- Current Employer: R.F. Lafferty & Co., Inc.
- Prior Employers: Fulcrum Securities, LLC; Morgan Stanley Smith Barney; H&R Block Financial Advisors
- Function: Stockbroker / Registered Investment Advisor
- Primary Location: Oldsmar, FL
- Alias: Thanasi Tomaras
- CRD Number: 2722538
- Can Athanasios Tomaras be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes (multiple times)
- Highest Settlement or Award: $35,000
- Pending Customer Dispute Seeks Damages of: $500,000
If you’ve sustained damages from Mr. Tomaras, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with Athanasios Tomaras as Your Stockbroker?
A FINRA arbitration claim filed by a customer of R.F. Lafferty & Co. in February 2025 (Docket #25-00333) alleges that he made unsuitable investment recommendations and failed to follow a sell order, resulting in claimed damages of $500,000. This case is currently pending.
Other previously filed arbitrations and settlements include:
- FINRA Case #16-02962 — Settled in 2017 for $14,999, involving unsuitable investment allegations between 2013–2016.
- FINRA Case #15-00858 — Settled in 2016 for $25,000 related to concentration in the energy sector and failure to follow stop-loss instructions.
- FINRA Case #13-01133 — Settled in 2014 for $35,000 regarding alleged breach of fiduciary duty and other misconduct.
Regulatory Sanctions vs. Tomaras:
- FINRA (2021):
- Violation: Engaged in undisclosed outside business activity involving TESA LLC (a landscaping company he owned), violating FINRA Rule 3270 (Outside Business Activities) and FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade).
- Sanction: 45-day suspension and $5,000 fine.
- Colorado Division of Securities (2019):
- Imposed a restricted license with heightened supervision due to prior disclosure history.
- Florida Office of Financial Regulation (2009):
- Violation: Failed to observe high standards of commercial honor in violation of NASD Rule 2110, Section 517.161(1)(H), Florida Statutes, and Rule 69W-600.013(2)(H), Florida Administrative Code.
- Sanction: 10-day suspension and $10,000 fine.
Allegations of Broker Misconduct Against Athanasios Tomaras
Customers have made the following allegations of wrongdoing by Tomaras:
- Unsuitable investment recommendations
- Failure to follow customer instructions
- Overconcentration in the energy sector
- Unauthorized Trading.
Tomaras’s history of failing to disclose outside business interests and repeated allegations of misconduct suggest a pattern of behavior that could violate fiduciary standards expected under FINRA Rule 2111 (Suitability) and FINRA Rule 2010.
Other Cases Involving Unauthorized Trading
Investigations involving Over-Concentration
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Athanasios Tomaras, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
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.