FINRA Issues Bar To Thomas Simpson

Soreide Law Group is currently investigating potential claims on behalf of investors who may have incurred financial losses due to the actions of Thomas Simpson (also known as Phillip Simpson) (CRD: 5335897, Clifton, TX). Specifically, Simpson worked for Farmers Financial Solutions, LLC in Clifton, TX, from July 30, 2007, to March 28, 2023. Notably, FINRA barred Simpson for refusing to provide requested documents and information. Additionally, Farmers Financial Solutions reported his termination for failing to comply with company policies. Here’s more.

Simpson Sanctioned By FINRA For Refusal To Provide Documents And Information

Evidently, FINRA initiated Case: 2023078342801 on July 7, 2023, sanctioning Thomas Simpson. Specifically, Simpson agreed to the sanctions and entry of findings without admitting or denying that he had refused to furnish documents and details sought by FINRA during its inquiry into why he was terminated from his employing firm, Farmers Financial Solutions, LLC. It appears that the company issued the termination due to his failure to follow its policies, rules, and manuals for conducting insurance business.

Damages Because Of Thomas Simpson?

Did you experience losses because of Thomas Simpson? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery. Soreide Law Group has recovered money for investors throughout the United States, works on a contingency fee basis, and advances all costs. Thomas Simpson and Farmers Financial Solutions, LLC deny accusations of sales practice violations. Visit our website online to get in touch.