July 25, 2025

Terry Thompson Focus Of Truist Client Disputes Alleging Mismanagement

man with a smartphone looking at a digital line graph

One or more investors possibly experienced losses because of securities broker Terry Sloan Thompson (also known as T. Sloan Thompson) [CRD: 2588490, Savannah, Georgia], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Terry Thompson worked for Truist Investment Services Inc. from February 17, 2021 to March 21, 2024, and for BB&T Securities LLC from August 31, 2017 to February 17, 2021. See the following information to find out more about the allegations and disclosures made against this broker.

Truist Investment Services Client Accused Thompson Of Mismanagement

Notably, on May 22, 2025, a Truist Investment Services Inc. client filed a complaint about Terry Thompson. Allegedly, Thompson mismanaged investment accounts. As a result, the client allegedly incurred damages. So, the client requested damages exceeding $5,000 in compensation from Truist Investment Services Inc. or Thompson.

Terry Thompson Disclosed Mismanagement Allegations By Truist Investment Services Client

Evidently, a client of Truist Investment Services Inc. contested Terry Thompson’s sales practices, based on a complaint dated May 21, 2025. Supposedly, Thompson mismanaged the client’s investment accounts, which resulted in losses. Therefore, the client sought compensation from Truist Investment Services Inc. or Thompson in the amount of more than $5,000 in this matter.

Truist Investment Services Investor Accused Sloan Thompson Of Unsuitable Recommendations

Additionally, a client filed a complaint about Terry Thompson. Allegedly, Thompson engaged in unsuitable trading and recommended high-risk investments. Because of this, the client allegedly sustained damages. Therefore, on June 4, 2025, Truist Investment Services Inc. settled this matter by paying the client $93,388.43 in damages.

Terry Thompson Disclosed Unsuitable Trading Allegations By Truist Investment Services Client

Also, a client of Truist Investment Services Inc. contested Terry Thompson’s sales practices, according to a complaint. Mainly, the investor alleged that Thompson engaged in unsuitable trading and recommended risky investments. Therefore, Truist Investment Services Inc. opted to settle the matter on June 6, 2025, by paying the investor $95,269.30.

Investor Accused Sloan Thompson Of Unsuitable Managed Investments

In addition, a client filed a complaint about Terry Thompson. Allegedly, Thompson engaged in unsuitable trading during October 2021 and May 2024. For this reason, the client allegedly experienced damages linked to managed investments. Therefore, on June 4, 2025, Truist Investment Services Inc. settled this matter by paying the client $467,321.98 in damages.

Terry Thompson Disclosed Unsuitable Advice Allegations By Truist Investment Services Client

Evidently, a client of Truist Investment Services Inc. took aim at Terry Thompson’s sales practices, according to a complaint. Supposedly, Thompson made unsuitable recommendations to the client, resulting in losses. Therefore, Truist Investment Services Inc. opted to settle the matter on May 5, 2025, by paying the client $23,555.01.

Have You Made Investments Through Financial Advisor / Securities Broker Thompson?

Do you have concerns or questions regarding investments you made with Terry Thompson? You should reach out to Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney about a potential recovery. Soreide Law Group is experienced at recovering losses for investors throughout the country. Also, the firm works on a contingency fee basis and advances the costs. Thompson and brokerage firms Thompson worked for deny accusations of sales practice violations.

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