At Haselkorn & Thibaut, we’re closely following the Mark Alan Thompson investigation. This case involves a stockbroker named Mark Alan Thompson, who has faced challenges regarding investment advice and suitability concerns for his clients.
One client has requested over $1 million in damages in connection with these issues. Since February 2017, Thompson has been associated with Arkadios Capital, and previously worked with Triad Advisors and LPL Financial.
He also provides financial advice at EPG Wealth Management in Atlanta, GA.
Our legal team at Haselkorn & Thibaut has been monitoring recent developments that have brought new information to light. Some individuals have initiated FINRA securities arbitration claiming they received recommendations from Thompson that may not have aligned with their investment profiles, potentially resulting in significant financial losses.
The claims involve concerns about recommendations on alternative investments like REITs (Real Estate Investment Trusts) and questions about oversight leading to investment losses.
Arkadios Capital is connected to these matters as Thompson’s current employer. There have been settlements provided to investors who expressed dissatisfaction with recommendations they received through services related to Arkadios.
Beyond investment concerns, there are other legal matters including allegations brought by Thompson himself against DeKalb County regarding age discrimination after his position as an attorney was filled by someone younger.
Additionally, there are broader industry discussions about supervision practices within brokerage firms regarding investment recommendations.
The financial industry has recently seen regulatory actions related to oversight procedures similar to the supervision questions raised in Thompson’s situation – highlighting the ongoing importance of proper diligence when providing investment guidance.
If you’ve been affected by these issues, we at Haselkorn & Thibaut strongly encourage you to contact us for a free consultation. Our experienced securities attorneys can evaluate your case at no cost, and we work on a contingency fee basis, meaning you pay nothing unless we recover money for you.
Key Takeaways From Our Investigation
Table of Contents
- The Financial Industry Regulatory Authority (FINRA) is investigating Mark Alan Thompson. Concerns include investments he recommended, such as REITs.
- An arbitration case against Thompson settled for $138,000 related to investment advice from 2012 to 2017. Another client is requesting over $1 million in damages.
- Legal matters include a lawsuit filed by Thompson against DeKalb County, GA, alleging age discrimination after his employment ended at age 54.
- FINRA records show regulatory actions against various firms and individuals in the brokerage industry. Fines range up to $500,000 for compliance matters.
- Arkadios Capital is mentioned in matters regarding Thompson’s practices, with settlements and ongoing disputes involving significant amounts related to alternative investments.
Recent Updates in the Investigation
At Haselkorn & Thibaut, we’ve identified notable developments in the Mark Alan Thompson case. FINRA, the regulatory authority overseeing brokers, is examining claims brought forward. Investors have raised concerns about financial outcomes related to various investments Thompson suggested.
These include alternative investment options and REITs, which are investment vehicles for real estate exposure without direct property ownership. The investigation is examining these matters in the context of investor protection standards.
Pending FINRA Arbitration Claims
Investment-related disputes can present complex challenges. One notable case is FINRA Arbitration 22-0441 where a client raised concerns regarding Mark Alan Thompson.
This individual alleged negligence, concentration issues, and questions about recommendation suitability involving alternative investments. These represent significant matters in the investment advisory context.
In related developments, FINRA has proposed allowing those seeking damages to determine whether their brokerage firms maintain insurance coverage during arbitration proceedings.
This could potentially affect how such disputes are addressed and may provide additional information for those bringing claims. Previously, a client resolved concerns with Thompson in February 2022, receiving a $138,000 settlement.
Another matter is developing with a client seeking over $1 million in damages. These arbitration proceedings continue to evolve as they progress through the regulatory process.
Customer Complaints Against Mark Alan Thompson
Mark Alan Thompson has been the subject of several customer complaints. A case settled in February 2022 involved a $138,000 payment to a client. This settlement addressed concerns about recommendations made between 2012 and 2017.
In another arbitration matter, he agreed to a $172,500 resolution.
Currently, there is an ongoing dispute involving claims exceeding $1 million. Investors have expressed concerns about representations related to various products including REITs and other investments.
These situations can be challenging for affected investors seeking resolution regarding their financial concerns in connection with Mark Alan Thompson’s practices.
Legal Actions and Proceedings
Mark Alan Thompson is involved in legal proceedings against DeKalb County, GA. Legal discussions continue regarding jurisdictional questions and responsibilities in this ongoing matter.
Mark Alan Thompson v. DeKalb County, GA, et al
The case of Mark Alan Thompson against DeKalb County, Georgia involves age discrimination claims under the Age Discrimination in Employment Act (ADEA).
Thompson has stated that his employment ended at age 54 when a younger attorney assumed his position. The legal filing outlines his position regarding employment termination based on age considerations.
The Equal Employment Opportunity Commission (EEOC) has participated in the matter. They submitted an amicus curiae brief supporting Thompson’s appeal. Despite this participation, a district court ruled against the claim citing insufficient evidence.
Investors should be aware of this situation as it reflects broader employment and legal considerations in workplace matters.
Disciplinary Actions Listed in FINRA Records
FINRA records indicate regulatory actions against various firms. MMA Securities LLC received a $30,000 fine related to supervisory matters. Wells Fargo Securities, LLC faced a $425,000 penalty concerning trade confirmation issues.
Voya Financial Advisors, Inc. was assessed a $500,000 fine regarding compensation to an unregistered entity.
Several individuals have faced FINRA membership restrictions after declining to provide testimony during investigations. These situations highlight regulatory oversight in brokerage activities and investor protection standards.
Investors may wish to remain informed about these developments as the allegations and claims related to Mark Alan Thompson’s situation continue to develop.
Allegations and Claims
Mark Alan Thompson faces claims from investors. They associate investment performance with alternative products like REITs, raising questions about practices in the financial marketplace.
Investment Losses Linked to Alternative Investments
Investors have raised questions about investment outcomes connected to alternative investments. There are claims suggesting that recommendations for these products may not have been suitable. Some clients have noted concentration levels in their accounts, which can potentially affect financial results.
Some clients believe there were issues with Mark Alan Thompson’s investment strategies. Customer concerns often involve REITs and other complex products, highlighting the importance of thorough evaluation before investing.
These situations emphasize considerations associated with alternative investments.
Customer Disputes Over REITs and Other Products
There are multiple customer disputes involving Mark Alan Thompson, particularly regarding Real Estate Investment Trusts (REITs) and other investment products. A notable case occurred on May 12, 2022.
An investor initiated a dispute seeking $1 million related to recommendations connected to these investments.
Previously, a resolved claim from July 27, 2020 resulted in a $138,000 settlement regarding investment advice suitability. These cases relate to FINRA Rule 2111 compliance considerations and highlight important factors for investors involved with these investment types.
Involvement of Arkadios Capital
Arkadios Capital is connected to the complaints involving Mark Alan Thompson. Investors have raised questions about this relationship and its implications for brokerage activities.
Role of Arkadios Capital in Complaints
Arkadios Capital is mentioned in complaints regarding Mark Alan Thompson. Investors suggest that Thompson’s investment approaches may not align with their financial objectives. These practices have raised questions among clients.
Some investors indicate they experienced losses in connection with recommendations. Arkadios has responsibilities regarding suitable investment advice, though some clients question whether these responsibilities were fully met.
Thompson’s activities have brought attention to Arkadios Capital. As parties connected to these investment matters, the firm faces questions about supervisory responsibilities. Clients have raised concerns about the firm’s monitoring of broker activities.
This creates additional considerations for investors seeking resolution through FINRA arbitration and legal channels like Haselkorn & Thibaut.
Investor Settlements Related to Brokerage Activities
Arkadios Capital has been named in complaints regarding Mark Alan Thompson’s brokerage activities. Settlements have occurred in several instances. A notable case from February 2022 involved a $138,000 resolution related to alternative investments.
Investor claims continue to develop. A March 2022 complaint alleges damages exceeding $1 million. Another complaint from May 2020 relates to private placement investments with damages of $50,000.
These situations raise questions about practices occurring during Thompson’s tenure in the financial industry. Investors may wish to stay informed as additional details emerge regarding these settlements and ongoing matters involving Mark Alan Thompson.
Key Concerns Highlighted in the Investigation
The investigation raises important questions about Mark Alan Thompson’s actions. There are claims regarding financial management and potential flight risk considerations that concern many investors.
Probable Cause and Flight Risk Allegations
There are probable cause and flight risk allegations in Mark Alan Thompson’s case. These concerns warrant attention. Authorities have suggested he may attempt to avoid legal proceedings against him.
Investigators are evaluating whether his conduct indicates potential flight risk. Complaints highlight questions about financial management connected to alternative investments.
There are growing concerns among investors about implications in this situation. Evidence suggests investment losses related to products like REITs. The community should remain informed about developments regarding jurisdiction and civil actions associated with this investigation.
Financial Mismanagement Reports
Mark Alan Thompson faces allegations regarding financial management at Arkadios Capital. Reports indicate questions about investment recommendation suitability, raising concerns among investors.
Similar issues reportedly occurred during his time at Triad Advisors. The situation’s significance is underscored by a client currently seeking over one million dollars through a pending FINRA dispute related to Thompson’s actions.
Previously, a case resulted in a $138,000 settlement for a client regarding investment advice suitability. Investors should note that law firms like Haselkorn and Thibaut, P.A. provide consultations for those affected by the alleged financial management issues. This highlights the importance of diligence when considering investments and financial advisors.
Resources for Affected Investors
Haselkorn & Thibaut is here to help investors who may have claims against Mark Alan Thompson. Our legal team specializes in securities arbitration and has experience with cases just like yours. We invite you to contact us for a free consultation to understand your rights and options for recovery.
Filing Investor Claims Against Mark Alan Thompson
At Haselkorn & Thibaut, we can help you file claims against Mark Alan Thompson if you’ve been affected. Many individuals seek our assistance after experiencing concerns about investment recommendations and oversight.
It should be noted that a customer-initiated FINRA arbitration claim recently settled for $172,500.
Our attorneys can help you pursue claims through various legal mechanisms such as the long-arm statute. This provision allows courts to establish jurisdiction over an out-of-state defendant like Thompson.
We’ll ensure your complaints are properly filed to address any pleading sufficiency questions and potential legal matters related to his actions involving alternative investments and REITs. Taking action may help address your losses and establish accountability for decisions. Don’t delay in contacting us for your free consultation to evaluate your potential claim.
Legal Assistance and Arbitration Options
At Haselkorn & Thibaut, we specialize in helping affected investors explore legal assistance and arbitration options. We can help you file claims against Mark Alan Thompson through FINRA’s securities arbitration process.
This approach allows our clients to seek remedies for their concerns, particularly regarding ongoing complaints.
Our experienced securities attorneys at Haselkorn & Thibaut can significantly enhance your prospects in these matters. We understand the complexities involved in such cases, including jurisdictional considerations and minimum contacts requirements.
We also provide guidance on motion practice and pleading requirements. Taking appropriate action helps protect your interests while these important matters are further investigated. Contact us today for your free, no-obligation consultation.
Conclusion
At Haselkorn & Thibaut, we continue to investigate the Mark Alan Thompson situation thoroughly. Multiple complaints have emerged, with significant claims regarding practices and oversight. Our legal team is actively monitoring the ongoing FINRA arbitration processes and pending legal actions.
We are also investigating Arkadios Capital’s connection to these client concerns. This situation emphasizes the importance of thorough evaluation when considering investments. If you believe you may have been affected by these issues, we strongly urge you to contact Haselkorn & Thibaut for a free consultation to discuss your potential claim and recovery options.
Don’t wait – taking appropriate action now could lead to better outcomes as we navigate this challenging situation together. Our experienced securities attorneys work on a contingency fee basis, meaning you pay nothing unless we recover money for you. Call us today at (888) 628-5590 or visit our website to schedule your free consultation.
