TAG | Independent Financial Group LLC TNP 12 losses
Comments off · Posted by Securities Lawyer in FINRA
Soreide Law Group is currently investigating ‘TNP 12 Percent Notes Program LLC’ issued by Thompson National Properties, LLC.
Recently the interest payments to investors have been suspended in the TNP 12 Percent Notes Program LLC issued by Thompson National Properties LLC. The TNP 12 Percent Notes were sold by 22 independent broker-dealers. The minimum investment was $50,000. The broker/dealers of Independent Financial Group LLC, sold approximately $600,000 of these notes. Brokers allegedly received as much as 7% commission on their sales.
According to the SEC, TNP 12 Percent Notes Program raised $21.5 million from 418 investors in 2008 and 2009.
Many of the investors in these notes were conservative investors, living on fixed incomes, elderly or retired, and could not afford risky investments.
If you invested in the TNP 12 Percent Notes Program LLC issued by Thompson National Properties LLC, you may be able to recover your losses.
Securities Lawyer, Lars K. Soreide, of Soreide Law Group, PLLC, has represented clients nationwide. If you have investment losses, call for a free consultation on how to potentially recover those losses. To speak with an attorney call 888-760-6552, or visit our website at: http://www.securitieslawyer.com.
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