Tony Thompson, Thompson National Properties, and TNP Strategic Retail Trust are the defendants in a new class action just filed by securities attorneys Jason Kane and Joe Peiffer, along with their co-counsel, on behalf of certain TNP Strategic Retail Trust investors. This is the third class action filed by attorneys Rosca and Peiffer on behalf… Read more »

TNP Strategic Retail Trust has parted ways with Anthony W. Thompson, its founder and former principal.  TNP SRT has also changed his name by dropping “TNP” and is now known as Strategic Retail Trust. Anthony W. Thompson has recently been accused of fraud in connection with a number of investment programs organized and promoted by… Read more »

August 6, 2013 Today the Financial Industry Regulatory Authority has accused Tony Thompson of defrauding investors in several TNP programs, according to media reports.  The regulators’ charges are similar in key respects to those contained in the two class actions filed last month by securities attorneys Jason Kane and Joe Peiffer on behalf of TNP… Read more »

Attorneys Jason Kane and Joe Peiffer are the first to have filed a class action on behalf of Thompson National Properties investors against a stock brokerage firm that promoted TNP-sponsored real estate investment programs, according to a recent media report. The report, which relied on interviews with attorneys from both sides, is available here: Attorneys… Read more »

July 16, 2013 Securities attorneys Jason Kane and Joe Peiffer have filed legal claims on behalf of investors in Thompson National Properties – sponsored TNP 2008 Participating Notes program, seeking compensation for their investments. Thompson National Properties (“TNP”), a California-based company, has sponsored a number of real estate investment programs since 2008.  Several of those… Read more »

Securities attorneys Jason Kane, Joe Peiffer and Dan Carr, along with their California co-counsel of the Schneider Wallace law firm, have taken legal action on behalf of investors in TNP 6700 Santa Monica (“TNP Kodak”), a real estate investment program sponsored by Thompson National Properties. In the case they filed on behalf of TNP Kodak… Read more »

June 10, 2013 Today, the Financial Industry Regulatory Authority (FINRA) announced that it has suspended Wendy Worcester, a former Co-Chief Financial Officer of  TNP Securities, for five months  from the securities industry for failing to conduct adequate and independent due diligence into several of Anthony “Tony” Thompson’s real estate deals. TNP Securities, a securities broker-dealer controlled… Read more »

June 3, 2013 Securities lawyers Jason Kane and Joe Peiffer have been retained by investors in a number of Thompson National Properties – sponsored real estate investment programs.   They are preparing to take action and seek compensation on behalf of their clients from companies and/or individuals that engaged in improper sales practices and misrepresentations,… Read more »

May 28, 2013 In a report filed with securities regulators last week, TNP Strategic Retail Trust (“TNP SRT”), a Thompson National Properties-sponsored REIT, announced that it would terminate its Chief Financial Officer, Dee R. Balch, no later than August 15, 2013, after less than a year on the job. TNP SRT stated that the CFO’s… Read more »

May 22, 2013 In its most recent quarterly Report with the Securities and Exchange Commission, TNP Strategic Retail Trust disclosed ongoing cash problems that are expected, according to the Company, to result in reduced investment activities for the foreseeable future, unless it is able to orchestrate another offering of securities or to identify some other significant… Read more »