TNP investors represented by the Peiffer Rosca lawyers are seeking to recover their investments in a number of TNP-sponsored programs through litigation and arbitration proceedings across the country.

The TNP lawsuits filed by the Peiffer Rosca lawyers on behalf of their clients seek compensation from TNP, its principals, and the brokerage firms that recommended to such investors unsuitable and inappropriate Thompson National Properties-sponsored investment programs.

TNP Lawsuits Against Brokerage Firms That Offered and Sold Unsuitable Thompson National Properties Investments to Investors

The Peiffer Rosca lawyers have sued numerous brokerage firms that offered and sold unsuitable Thompson National Properties real estate investment programs to their customers.

Certain investment products sponsored by Thompson National Properties, such as TNP 2008 Participating Notes, TNP 12% Notes, TNP Strategic Retail Trust, and TNP 6700 Santa Monica Boulevard, allegedly failed to include adequate risk disclosures to their investors, according to the cases filed by the Peiffer Rosca lawyers on behalf of their clients.

Some of the brokerage firms involved in the promotion of the TNP programs allegedly became aware of such red flags surrounding those programs but failed to disclose them to their customers and adequately warn them about the risks associated with their investments.

TNP Class Action Lawsuit Filed by the Peiffer Rosca Attorneys and Their Co-Counsel Making Progress

The class actions filed by the Peiffer Rosca lawyers and their co-counsels are making progress. In two of the cases, the Court ruled in favor of the investors and against the Defendants’ attempt to have the cases dismissed.

The Peiffer Rosca attorneys are working to assemble additional evidence in support of their clients’ claims against TNP.

Not all TNP investors will be included in the class actions filed by the Peiffer Rosca lawyers. TNP investors may call the Peiffer Rosca law firm to learn whether their claim may be part of any of such cases, or to discuss their legal options.

TNP Loss Recovery Through FINRA Arbitrations Filed by the Peiffer Rosca Lawyers

The Peiffer Rosca attorneys have filed many FINRA arbitration proceedings on behalf of their clients who invested in a number of TNP investment programs, against the broker-dealer firms that recommended such programs to their customers.

While they have already secured settlements for some TNP investors, each case is different, and results in prior cases are not indicative of results in future cases. Each TNP investor’s situation is individually evaluated to determine that investor’s legal options.

Attorneys for TNP Investors Preparing to File More Cases

Investors who believe they lost money they invested in Thompson National Properties – sponsored programs as a result of inappropriate investment recommendations may contact the Peiffer Rosca attorneys for a free evaluation of their recovery options.

The Peiffer Rosca attorneys take most cases on a contingency fee basis, advance the case costs, and only get paid for their work and case expenses if and when they recover money for their clients.

In particular, investors in TNP 2008 Participating Notes, TNP 12% Notes, TNP Strategic Retail Trust (nka Strategic Realty Trust), and TNP 6700 Santa Monica Boulevard may contact the Peiffer Rosca attorneys to discuss their options, at 888-998-0520, via email at arosca@praclawfirm.com, or through the contact form on this website.

Important Case Updates

The Peiffer Rosca Wolf securities practice attorneys continue to pursue claims on behalf of investors who invested in programs sponsored by Thompson National Properties, LLC (TNP). Investors who have questions about recovery options associated with their TNP investments are encouraged to contact Alan Rosca or James Booker at 888-998-0520 for a free, no-obligation evaluation of… Read more »

Anthony W. “Tony” Thompson Permanently Barred from FINRA Anthony W. “Tony” Thompson, a real estate investor and the principal of Thompson National Properties, was barred from associating with any securities broker-dealer firm by the Financial Industry Regulatory Authority (“FINRA”) in an order released by FINRA on March 30, 2015. Thompson was found by FINRA to… Read more »

TNP Investors Represented by the Peiffer Rosca Wolf Lawyers Continuing to File Claims for Their Losses TNP investors assisted by the Peiffer Rosca Wolf law firm’s lawyers continue to file claims for their losses related to investments in real estate investment programs sponsored by Thompson National Properties (“TNP”). Recently, Peiffer Rosca Wolf investor rights attorneys… Read more »

Tony Thompson and TNP’s lawyers have served notice to a federal judge in San Francisco that they wish to sever their relationship with Tony Thompson, and his firm, Thompson National Properties, citing a breakdown in communication and a failure by Thompson and TNP to pay their legal fees. Both Tony Thompson and Thompson National Properties,… Read more »

Thompson National Properties investors have sought the help of the Peiffer Rosca Wolf securities practice lawyers to try and recover losses associated with investments in a number of TNP real estate investment programs. Peiffer Rosca Wolf attorneys have initiated several cases on behalf of investors in TNP-sponsored programs, ranging from class action litigation to FINRA… Read more »

TNP and its principals transferred millions of dollars from TNP 2008 and another TNP program – TNP Profit Participation Program Notes – to other TNP affiliates between 2009-2014, according to documents obtained by the Peiffer Rosca attorneys who represent TNP investors. TNP Class Action Cases Filed by the Peiffer Rosca Lawyers on Behalf of TNP Investors The… Read more »

Strategic Realty Trust Inc., formerly known as TNP Strategic Retail Trust Inc., recently informed investors that the REIT’s valuation dropped by nearly 30%, to $7.11 per share from its former valuation of $10 per share. The Peiffer Rosca lawyers represent investors in TNP Strategic Retail Trust and other TNP programs including TNP 2008 Participating Notes,… Read more »

The Peiffer Rosca securities practice attorneys are pleased to announce that they have reached a satisfactory resolution on behalf of certain clients concerning claims against a Thompson National Properties (“TNP”)-sponsored real estate investment program.  The details of the settlement were confidential.  The Peiffer Rosca attorneys have filed three class actions and several FINRA arbitration proceedings… Read more »

In a letter to its investors dated February 14, 2014, Thompson National Properties (TNP) stated that it “cannot support its current debt load” and that its “current cash flows cannot service the debt” it currently has. In the letter, TNP proposed to adjust the interest payable to investors to what it calls “realistic interest rates,”… Read more »

Berthel Fisher, a securities broker-dealer firm based in Iowa and with branches across the country, has been sanctioned and fined by the securities industry regulators for supervisory failures regarding its sales of non-traded REITs to its customers, among others. The Peiffer Rosca securities lawyers represent a number of investors in several cases, from class actions… Read more »