Todd Joseph Thompson of Atlanta Georgia a stockbroker currently registered with SunTrust Investment Services Inc. is the subject of a customer initiated investment related written complaint on March 27, 2019 where the customer requested $19,367.00 in damages founded on allegations that false or misleading statements were made about terms of an equity indexed annuity that had been sold to the customer during the period that Thompson was associated with SunTrust Investment Services Inc.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Thompson is referenced in four additional customer initiated investment related disputes containing accusations of his violative conduct while he was employed with Wachovia Securities LLC, Wells Fargo Advisors LLC, and SunTrust Investment Services. Specifically, Thompson is referenced in a customer initiated investment related written complaint in which the customer sought unspecified damages based upon allegations that the customer had unknowingly been placed into mutual fund products by acting on Thompson’s false or misleading statements.
Another customer filed an investment related complaint concerning Thompson’s activities where the customer requested $60,000.00 in damages supported by accusations that Freddie Mac and Fannie Mae investments failed to be suitable given the customer’s financial status and age at the time of the investment transactions. Also, a customer initiated investment related arbitration claim in regard to Thompson’s behavior was settled for $46,000.00 in damages founded on allegations of the financial advisor having misrepresented information about Freddie Mac and Fannie Mae investments which he recommended to the customer when he was employed by Wells Fargo Advisors.
In addition, a customer initiated investment related arbitration claim involving Thompson’s activities was resolved for $40,000.00 in damages based upon accusations that the customer was provided bad investment advice about mutual fund products; and SunTrust Investment Services Inc. failed to supervise the trades Thompson placed in the customer’s account. FINRA Arbitration No. 17-02367 (May 21, 2018).
