Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
BOCA RATON, Fla., Aug. 04, 2017 -- Silver Law Group has collected a substantial FINRA arbitration award for a customer against John Thomas Financial CEO Anastasios “Tommy” Belesis.
Silver Law Group represented a customer against John Thomas Financial and Belesis alleging that Belesis operated a boiler room, and he was personally liable for the investor losses. The securities arbitrators ultimately awarded the Claimant $500,000 and an additional $750,000 in punitive damages against John Thomas Financial and Mr. Belesis individually.
Belesis subsequently filed a motion to vacate which was denied by Judge Jed Rakoff in the Southern District of New York. Belesis has now fully satisfied the award.
On August 2, 2017, the Securities and Exchange Commission (the “SEC”) announced Belesis will pay collectively almost $1 million in disgorgement, prejudgment interest and a civil penalty in a fraud case brought by the SEC. According to the SEC’s order, Belesis misled his customers by soliciting them to purchase penny stock shares in a company without disclosing material facts, including failing to disclose numerous conflicts of interest with the company and its principals.
If you’ve lost money investing with John Thomas Financial and/or Anastasios “Tommy” Belesis, you may be able to recover your investment losses. We take cases on a contingency fee basis, meaning you pay nothing unless we recover. Please contact Scott Silver of the Silver Law Group for a free consultation at [email protected] or toll free at (800) 975-4345.
