Investment News reported that, Wendy Worcester, the former CFO of a Thompson National Properties REIT has been suspended for lack of adequate and independent due diligence when conducting real estate deals promoted by a Thompson controlled broker- dealer named TNP Securities LLC. Ms. Worcester was not only suspended but also ordered to pay $15,000 in fines by FINRA. FINRA alleged that Ms. Worcester did not sufficiently fulfill her duty of due diligence with regard to three separate offerings.

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