FINRA’s Allegations Regarding Robert Thompson

FINRA recently barred Bob Thompson from the securities brokerage industry.  It began its investigation after Thompson got fired by O.N. Equity Sales Company in October 2025 regarding allegations that he “misappropriated funds from a customer, acted as POA without firm consent and set up multiple shell companies designed as OBAs without disclosure or firm consent”.  He then refused to cooperate with FINRA’s investigation, which got him barred pursuant to FINRA Rule 8210.n

Robert Wayne Thompson’s Industry History

Bob Thompson was affiliated with O.N. Equity Sales Company from 2015 to October 2025.  He also previously worked with numerous other firms since 1980.  He worked in a Houston, Texas office.   He was also the subject of two customer complaints, one of which was made in 2025.

O.N. Equity Sales Company’s Potential Responsibility

Pursuant to FINRA Rule 3110, broker-dealers like ONESCO must reasonably supervise the activities of their representatives.  If a firm does not adequately supervise Thompson, it could be liable for any investor harm.

Israels & Neuman Helps Victims of Investment Fraud in Texas

Our firm represents investors throughout the country as well as Texas, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud. 

If you were a client of Robert Thompson and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Robert Thompson FINRA AWC
• View Robert Thompson’s BrokerCheck Report

Contact Israels & Neuman for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798

or fill out our contact form to learn more about your rights. We have experience representing Texas investors and are ready to help you recover what you deserve.