FINRA Sanctions Wade Thomason

Soreide Law Group is investigating possible investor claims against securities broker Wade Thomason (also known as Carl Wade Thomason) [CRD: 2100429, Overland Park, KS]. Notably, FINRA sanctioned the securities broker, who worked for OFG Financial Services Inc. Allegedly, Thomason failed to testify when FINRA investigated the securities broker for potential FINRA rule infractions. Here is a brief summary of FINRA’s case against Wade Thomason. However, remember that Thomason denies the allegations.

FINRA Sanctions Thomason For Failure To Testify

Evidently, on January 31, 2022, FINRA issued Case: 2020068668801 sanctioning Wade Thomason for infractions. Specifically, Thomason was barred, so he cannot work as a broker and in other capacities for FINRA-member firms. Notably, FINRA alleged that Thomason failed to testify when it investigated the securities broker for potential rule infractions. The regulator’s rules require brokers to comply in investigations or else face sanctions including a potential bar as securities broker.

OFG Financial Services Inc. Disaffiliates With Wade Thomason For Client Loan

Also, on November 23, 2021, OFG Financial Services Inc. disaffiliated with Wade Thomason. Basically, OFG Financial Services Inc. alleged that Thomason borrowed client funds and provided false or misleading information to FINRA when it investigated potential FINRA rule infractions.

Thomason Employment Information

Thomason worked for OFG Financial Services Inc. in Overland Park, KS, as a securities broker from June of 1997 to November of 2021.

Damages Resulting From OFG Financial Services Inc. Securities Broker Wade Thomason?

Did you incur damages by investing with Thomason? Reach out to Soreide Law Group at (888) 760-6552 and talk with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for many investors across the country, represents clients on a contingency fee basis and advances all costs. The firm will take the time to fully understand your situation and will carefully explain your legal options. Thomason and brokerage firms Wade Thomason worked for deny any and all allegations of sales practice violations.