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DID JON THOMPSON CAUSE YOU INVESTMENT LOSSES?

Jon Thompson Of CUNA Brokerage Services Has One Customer Complaint For Alleged Broker Misconduct

Who is Jon Thompson of CUNA Brokerage Services, Inc.?

Jon Thompson (CRD #2555481) who is currently registered with CUNA Brokerage Services, Inc. and located in Deer Park, Texas is a subject of one of our many securities industry sales practice abuse investigations.

Jon Thompson Customer Complaint

Jon Thompson has been the subject ofat least one customer complaint that we know about. The allegations made in the FINRA reported customer complaint for investment losses were Members Life Insurance Company issued an annuity contract that included an error extending the term of the contract beyond what the premiums would have purchased. The insurer subsequently sought to correct the error by cancelling the contract and issuing a corrected contract. Allegations in the complaint were as follows: Violation of the Texas Deceptive Trade Practices Act; Fraud; Negligent Misrepresentation. The complaint also requested Declaratory Relief and Specific Performance of a contract which was superseded and the insurer believed was therefore unenforceable. The activities leading to the allegations included: the Single Premium Deferred Variable and Indexed-Linked Annuity issued; a Supplemental Contract later issued with a payment start date; and then an Amended Supplemental Contract issued. Jon Thompson’s customer complaint was settled in favor of the investors.

Jon Thompson Red Flags & Your Rights As An Investor

Of course, Jon 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 Jon Thompson at CUNA Brokerage Services on alert to review carefully the activity and performance of their accounts and question whether Jon Thompson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at CUNA Brokerage Services 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.

File A Claim To Recover Your Investment Losses At CUNA Brokerage Services, Inc. Due To Jon Thompson

If you have questions about CUNA Brokerage Services, Inc. and/or Jon 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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