Many national brokerage firms, such as JP Turner and Co., sold investment notes of real estate investor Tony Thompson that promised high yields. The TNP 12% notes sold by JP Turner and other brokerage firms, are the subject of a Financial Industry Regulatory Authority Investigation (FINRA). As much as $50 million was raised through the sale of the Thompson TNP notes. The non-traded real estate investment trust or “REIT”, TNP Strategic Retail Trust Inc., recently stopped paying its dividend to investors. FINRA already has had Mr. Thompson and TNP Securities, LLC, his broker/dealer, under investigation for allegedly failing to cooperate with FINRA. FINRA has now filed a complaint against Tony Thompson individually, alleging that he defrauded his TNP 2008 Participating Notes Program LLC and the TNP Profit Participation Program, LLC.
Brokerage firms such as JP Turner sold these high yield Thompson notes. Brokerage firms may be liable to their customers for failing to conduct adequate due diligence into the Tony Thompson notes before the sale. If you invested in high yield Thompson notes call (888) 760-6552 for a free consultation. There is no fee if there is no recovery and Soreide Law Group advances ALL costs.
Investors apparently complained about securities broker Debra Dawn Mesle (also known as Debra Dawn Hanebrink and Debbie Mesle) [CRD: 849766, Chesterfield, Missouri], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Mesle worked for Merrill Lynch from June 30, 2006, to January 2, 2026, and has worked for Huntleigh Securities Corporation and Huntleigh […]
Investors potentially experienced sales practice violations by securities broker Francis Stephen Zoracki, also known as Frank Zoracki [CRD: 1363103, Irwin, Pennsylvania], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Zoracki has worked for Cambridge Investment Research Inc. since September 28, 2011; Cambridge Investment Research Advisors Inc. since September 28, 2011; and Duncan […]
Investors may have suffered financial harm by securities broker and investment adviser Loren James Grabau [CRD: 6984490, Santa Maria, California], given the public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Grabau worked for Independent Financial Group LLC from April 8, 2019, to August 19, 2025. See below to discover more about Grabau’s disclosures. […]
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