Eugene Cebron Thompson IV (also known as Bron Thompson), of Dunn, North Carolina, a stockbroker registered with Capital Investment Group Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $200,000.00 in damages based upon allegations that Thompson breached his fiduciary duties, was negligent, and made misrepresentations of material fact, breached a contract, and violated regulatory rules in connection with the sale of direct alternative investments during the time that Thompson was associated with Capital Investment Group Inc.
The complaint concerns investments in GWG Holdings Inc., which filed for Chapter 11 bankruptcy on April 20, 2022. The claim references a loss of $200,000.00 of principal from a total investment of $400,000.00. FINRA Arbitration No. 24-00462 (February 29, 2024).
FINRA Public Disclosure shows that Thompson is referenced in three other customer initiated investment related disputes concerning Thompson’s conduct while associated with securities broker dealers. On January 31, 2017, a customer initiated investment related complaint involving Thompson’s conduct was settled for $5,628.52 in damages based upon allegations that Thompson made misrepresentations of material fact in connection with the sale of ETFs when Thompson was associated with Capital Investment Group LLC.
On June 27, 2023, a different customer filed an investment related civil action in Johnston County, North Carolina, involving Thompson’s conduct. The customer requested damages exceeding $25,000.00 based on allegations that Thompson breached his fiduciary duty, committed fraud, and was negligent in connection with the sale of direct investments, including GWG Holdings Inc. products. Additionally, Capital Investment Group Inc. was accused of negligent supervision, and First Federal Bank was alleged to be negligent too. Civil Action No. 23CV003665-500.
Thompson is also referenced in a customer initiated investment related FINRA securities arbitration claim, where the customer seeks $100,000.00 in damages. The claim alleges negligence, breach of fiduciary duty, and failure to comply with Regulation Best Interest in connection with the sale of direct investments. The Capital Investment Group Inc. customers purchased $100,000.00 of GWG Holdings Inc. products in October 2020. FINRA Arbitration No. 23-02708 (October 6, 2023).
Since February 13, 2014, Thompson has been associated with Capital Investment Group Inc. in Dunn, North Carolina, as a stockbroker, and associated with Capital Investment Advisory Services LLC, in Dunn, North Carolina, as an investment advisor representative.
