DID EUGENE CEBRON THOMPSON IV CAUSE YOU INVESTMENT LOSSES?
Eugene Thompson IV Of Capital Investment Group, Inc. Has 6 Customer Complaints For Alleged Broker Misconduct
About Eugene Thompson IV of Capital Investment Group, Inc.?
Eugene Thompson IV (CRD #4350479) has a comprehensive background in the securities industry, primarily working with Capital Investment Advisory Services, LLC and Capital Investment Group, Inc. since February 2014. Previously, he was associated with Wells Fargo Advisors, LLC from March 2001 until February 2014. Thompson is currently registered in seven U.S. states and territories and has passed four industry examinations, including the General Securities Representative Examination (Series 7) and the Uniform Investment Adviser Law Examination (Series 65). His professional registrations highlight a focused career in the financial services sector with significant responsibilities across multiple states.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Eugene Thompson IV Customer Complaints and Reviews
Thompson has been involved in six reported customer disputes, of which two are pending, and four have been resolved. Here are the details of these disclosures:
- Settled Dispute (June 2023): Involving allegations of breach of fiduciary duty, fraudulent misrepresentation, and other charges related to investments with GWG Holdings, Inc., resulting in a settlement of $95,000, of which Thompson contributed $47,500.
- Settled Misrepresentation Claim (January 2017): A claim where Thompson was alleged to have misrepresented an ETF investment, which was settled for $5,628.52, fully paid by Thompson.
- Pending Arbitration: Current claims include allegations of unsuitability and negligence related to investments in GWG L-Bonds, with potential damages claimed up to $336,002.44.
Allegations Against Eugene Thompson IV
The allegations and accusations against Thompson in various customer disputes include:
- Breach of Fiduciary Duty: Accusations involve failing to act in the best interests of clients, particularly related to the handling of investments in GWG Holdings, Inc.
- Fraudulent Misrepresentation and Deceptive Trade Practices: Claims include misleading representations regarding the safety and suitability of investments.
- Negligence and Negligent Supervision: Allegations point to a lack of proper oversight and due diligence in managing client investments.
- Unsuitability: Multiple claims assert that Thompson recommended investments that were not aligned with the clients’ financial situations or risk profiles.
Eugene Thompson IV Red Flags & Your Rights As An Investor
Of course, Eugene Thompson IV 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 Eugene Thompson IV at Capital Investment Group, Inc. on alert to review carefully the activity and performance of their accounts and question whether Eugene Thompson IV has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Capital Investment Group, Inc. 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?
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.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Capital Investment Group, Inc. Due To Eugene Thompson IV
If you have questions about Capital Investment Group, Inc. and/or Eugene Thompson IV 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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