ATTENTION JP TURNER CLIENTS WHO PURCHASED THOMPSON NATIONAL HIGH YIELD NOTES

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.