Published on:

Jamal Thompson Received a Pending Complaint for Allegedly Violating Suitability Standards

Jamal ThompsonPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on December 1, 2017 indicate that California-based Kestra Investment Services broker/adviser Jamal Thompson is involved in a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Thompson (CRD# 4690422).

Jamal Thompson has spent 14 years in the securities industry and has been registered Kestra Investment Services in Woodland Hills, California since 2014. Previous registrations include LPL Financial in Woodland Hills, California (2012-2014); Wells Fargo Advisors in Woodland Hills, California (2007-2012); and MML Investors Services in Castaic, California (2003-2007). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on August 9, 2005; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 6, 2003; Series 3 (National Commodity Futures Examination), which he obtained on December 22, 2007; Series 7 (General Securities Representative Examination), which he obtained on June 28, 2007; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on September 13, 2003. He is a registered broker and investment adviser with 13 US states and territories: Arizona, California, Colorado, Florida, Kentucky, Nevada, New York, North Carolina, Ohio, Pennsylvania, Texas, Virginia, and Wisconsin.

According to his BrokerCheck report, he has received one pending customer complaint.

In October 2017, a customer alleged Jamal Thompson, while employed at Kestra Investment Services, violated suitability standards in connection to the execution of excessive options trades. The customer is seeking $158,403 in damages in the pending complaint.

If you have lost money investing with Jamal Thompson or Kestra Investment Services, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited by law, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.