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 investors.

Attorneys Rosca and Peiffer were the first to file a class action accusing TNP and Thompson of perpetrating fraud and orchestrating Ponzi-like payments to investors, following extensive investigations.  Subsequently they filed another class action against a securities broker-dealer firm, Berthel Fisher, which they accused of promoting TNP 2008 to the investing public without conducting adequate due diligence regarding that investment program.

The financial industry’s regulators charges against Tony Thompson and TNP are detailed in this media report:

Attorneys Rosca and Peiffer are preparing to file more claims on behalf of TNP investors in programs such as TNP 2008 Participating Notes, TNP 12%, TNP Strategic Retail Trust, and TNP Kodak (TNP 6700 Santa Monica Boulevard).

TNP investors are encouraged to contact attorneys Jason Kane and Joe Peiffer to discuss about their TNP investment and their legal options, toll free at (216) 589-9280.

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