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Jody Thompson Formerly With Alexander Capital, L.P. Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Jody Thompson formerly with Alexander Capital, L.P.?

Jody Thompson

Jody Thompson (CRD #2391190) who was formerly registered with Alexander Capital, L.P. and located in New York, New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Alexander Capital, L.P., Jody Thompson was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Jody Thompson has had regulatory problems as well. In 2020 Thompson consented to the sanction and the entry of findings that he recommended several non-public offerings without having a reasonable basis to believe those transactions were suitable. Further, that Jody Thompson exercise discretion without written authorization in the customer’s accounts. Jody Thompson did not admit or deny the allegations but consented to a five-month suspension.

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Jody Thompson Customer Complaints

Jody Thompson has been the subject of 3 customer complaints that we know about to recover investment losses. One customer complaint was settled by Merrill Lynch Pierce Fenner and Smith in favor of the investor. The same brokerage firm denied another customer complaint and the customer took no further action. There is currently one customer complaint in a FINRA arbitration against Jody Thompson’s employer Alexander Capital.

Allegations Against Jody Thompson

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • The power of attorney for the customer in the pending arbitration alleges that the financial advisor exerted undue influence over the customers to influence a bequest in her trust for the financial advisors children.
  • Unsuitable investment recommendations of private equity investments.
  • Failure to follow the client’s instructions.

Jody Thompson Red Flags & Your Rights As An Investor

Of course, Jody Thompson did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Jody Thompson at Alexander Capital, L.P. on alert to review carefully the activity and performance of their accounts and question whether Jody Thompson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Alexander Capital, L.P. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

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File A Claim To Recover Your Investment Losses At Alexander Capital, L.P. Due To Jody Thompson

If you have questions about Alexander Capital, L.P. and/or Jody Thompson and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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