Investors potentially experienced sales practice violations by securities broker Robert Wayne Thompson (also known as Bob Thompson) [CRD: 713539, Houston, Texas], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Robert Thompson worked for The O.N. Equity Sales Company from January 9, 2015, to October 28, 2025. Investors are encouraged to continue reviewing the information below to learn more about the disclosures associated with this broker.
The O.N. Equity Sales Company Disaffiliated With Bob Thompson For Alleged Misappropriation
Notably, on October 28, 2025, The O.N. Equity Sales Company disaffiliated with Thompson. Mainly, the firm stated that it received a complaint alleging Thompson acted as a power of attorney without firm consent, misappropriated investor funds, and created undisclosed outside business activities structured as shell companies without firm approval. The allegations relate to activities involving real estate and investment advisory services.
The O.N. Equity Sales Company Investor Accused Robert Thompson Of Misappropriation
Evidently, on October 17, 2025, a The O.N. Equity Sales Company client filed Civil Suit: DC-25-19289 concerning Robert Thompson. Mainly, the client alleged that Thompson misappropriated funds awarded to the client following a commercial vehicle event for his own use between September 2023 and August 2025. For this reason, the client allegedly sustained damages related to real estate and investment advisory services. As a result, the client requested $2,325,953 in compensation from The O.N. Equity Sales Company or Thompson. It appears that this civil suit is pending a resolution in the District Court of Dallas County, Dallas, Texas.
Bob Thompson Disclosed Omissions Allegations By Walnut Street Securities Inc. Client
Notably, a client of Walnut Street Securities Inc. contested Robert Thompson’s sales practices, according to a complaint received on October 13, 2003. Allegedly, Thompson made omissions because the expenses in the life insurance policy were not adequately explained, and the client also alleged that the signature on the premium allocation form was not his. It appears that Thompson caused the client to experience damages relating to life insurance products. Consequently, Walnut Street Securities Inc. opted to settle the matter on December 21, 2004, by compensating the client in the amount of $3,059.
Have You Made Investments Through Financial Advisor / Securities Broker Robert Thompson?
Did you experience losses because of Robert Thompson? Contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm represents investors on a contingency fee basis and advances all costs. Thompson and brokerage firms Thompson worked for deny accusations of sales practice violations.
