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Investor Alleges Alyssa Thornton Misrepresented Unsuitable Municipal Bond

Jul 6, 2022 Misrepresentation

Alyssa Thornton (CRD #: 6895519), a broker registered with Edward Jones, was involved in a recent dispute, according to her BrokerCheck record, accessed on June 26, 2022. Keep reading to learn more about Alyssa Thornton’s conduct as a broker.

Investor Dispute

On April 14, 2022, an investor alleged that Alyssa Thornton misrepresented the price fluctuation of a municipal bond which was unsuitable for the client, who is approaching retirement. This dispute was denied by the firm.

Investors should know, however, that firms can deny disputes without a third-party review. Investors can still seek out FINRA arbitration and potentially recoup their losses following a denial.

FINRA Rules 2111 and 2020

FINRA Rule 2111 requires brokers to take into account investors’ financial goals when recommending investments. Brokers must examine the information contained in an investor’s profile, such as their tax status, risk tolerance, and overall financial situation.

FINRA Rule 2020 prohibits the use of manipulative, deceptive, and otherwise fraudulent tactics to influence investors’ decisions. This includes the misrepresentation and omission of information related to investments, such as their fees, risks, and potential returns.

Investors who feel their losses were caused by unsuitable or misrepresented investments can pursue FINRA arbitration to recover their funds.

Background Information

Alyssa Thornton has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Alyssa Thornton is a registered broker in 18 states and a registered investment adviser in Florida and Texas.

Kurta Law Can Help

If you worked with Alyssa Thornton and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.