Posts By: prwlegal201

TNP Strategic Retail Trust’s board (“TNP SRT”) has accused Tony Thompson, TNP’s founder and TNP SRT’s co-Chief Executive Officer, of issuing an inaccurate, unapproved letter to shareholders, in a disclosure filed with the Securities and Exchange Commission on April 8, 2013. In the same disclosure, TNP SRT’s board accused its advisory firm, TNP Strategic Retail… Read more »

TNP Strategic Retail Trust Inc. has cancelled its dividend for the first quarter of 2013 and announced that it may not be able to resume dividend payments for the remainder of 2013. Documents filed with the securities regulators and reviewed by securities attorneys Jason Kane and Joe Peiffer suggest that TNP Strategic Retail Trust’s cash problems could… Read more »

Tony Thompson’s TNP-sponsored real estate investment programs TNP 12%, TNP 2008 Participating Notes, and TNP Strategic Retail Trust have been plagued by cash problems, according to media reports.  Regulatory records reviewed by securities attorneys Jason Kane and Joe Peiffer show that Mr. Thompson and a securities broker-dealer firm he controls, TNP Securities, have been recently… Read more »