SEC v. Robert M. Thompson; The Financial Freedom Foundation d/b/a F3 Mastermind; and Brandon K. Stucki, No. 3:24-cv-05032, Western District of Missouri (Aug. 22, 2025) — Judgment

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IN THE UNITED STATES DISTRICT COURT FOR THE
WESTERN DISTRICT OF MISSOURI
SOUTHWESTERN DIVISION

UNITED STATES SECURITIES AND
EXCHANGE COMMISSION,

Plaintiff,

v. Case No. 3:24-cv-05032-MDH

ROBERT M. THOMPSON AND THE
FINANCIAL FREEDOM FOUNDATION, d/b/a
F3 MASTERMIND,

Defendants,

and

BRANDON K. STUCKI,

                                                Relief Defendant.

FINAL JUDGMENT BY DEFAULT
AS TO DEFENDANTS ROBERT M. THOMPSON AND THE FINANCIAL FREEDOM
FOUNDATION, d/b/a F3 MASTERMIND

Plaintiff Securities and Exchange Commission (“SEC”) having filed a Complaint on May
3,  2024  and  an  Amended  Complaint  on  November  11,  2024,  Defendants   Robert  M.  Thompson
(“Thompson”) and The Financial Freedom Foundation, d/b/a F3 Mastermind (“F3 Mastermind”)
(together, with Thompson, “Defendants”) having failed to answer the Complaint or the Amended
Complaint, a default having been entered on January 28, 2025, the Court having considered the
SEC’s  motion  for  entry  of  a  default  judgment  and  all  the  pleadings  and  evidence  submitted  in
support thereof; and the Court having determined that Defendants are not infants   or incompetent
persons and  that  the  Servicemembers  Civil  Relief  Act,  50  U.S.C.  App.  §§  501-597b,  does  not
apply, the Court hereby GRANTS the SEC’s motion for entry of default judgment and enters final

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judgment against Defendants as follows:
I.
IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that each of the Defendants
is  permanently restrained and enjoined from violating, directly or indirectly, Section 10(b) of the
Securities  Exchange  Act  of  1934  (the  “Exchange  Act”)  [15  U.S.C.  §  78j(b)]  and  Rule  10b-5
promulgated  thereunder  [17  C.F.R.  §  240.10b-5],  by  using  any  means  or  instrumentality  of
interstate  commerce,  or  of  the  mails,  or  of  any  facility  of  any  national  securities  exchange,  in
connection with the purchase or sale of any security:
(a) to employ any device, scheme, or artifice to defraud;
(b) to make any untrue statement of a material fact or to omit to state a material fact
necessary in order to make the statements made, in the light of the circumstances
under which they were made, not misleading; or
(c) to engage in any act, practice, or course of business which operates or would operate
as a fraud or deceit upon any person.
 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in Federal
Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who receive
actual  notice  of  this  Final  Judgment  by  personal  service  or  otherwise:  (a)  Defendants’  officers,
agents, servants, employees, and attorneys; and (b) other persons in active concert or participation
with Defendants or with anyone described in (a).
II.
IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that each of the
Defendants is permanently restrained and enjoined from violating Section 17(a) of the Securities
Act of 1933 (the “Securities Act”) [15 U.S.C. § 77q(a)] in the offer or sale of any security by the

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use of any means or instruments of transportation or communication in interstate commerce or by
use of the mails, directly or indirectly:
(a) to employ any device, scheme, or artifice to defraud;
(b) to obtain money or property by means of any untrue statement of a material fact or any
omission of a material fact necessary in order to make the statements made, in light of
the circumstances under which they were made, not misleading; or
(c) to engage in any transaction, practice, or course of business which operates or would
operate as a fraud or deceit upon the purchaser.
 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in Federal
Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who receive
actual  notice  of  this  Final  Judgment  by  personal  service  or  otherwise:  (a)  Defendants’  officers,
agents, servants, employees, and attorneys; and (b) other persons in active concert or participation
with Defendants or with anyone described in (a).
III.
IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that each of the
Defendants is permanently restrained and enjoined from violating Sections 206(1) and 206(2) of
the  Investment  Advisers  Act  of  1940  (“Advisers  Act”)  [15  U.S.C.  §80b-6(1),  (2)],  by,  as  an
investment  adviser,  using  the  mails  or  any  means  or  instrumentality  of  interstate  commerce,
directly or indirectly:
(a) to employ any device, scheme, or artifice to defraud any client or prospective client; or
(b) to engage in any transaction, practice, or course of business which operates as a fraud
or deceit upon any client or prospection client.
 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in
Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who

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receive actual notice of this Final Judgment by personal service or otherwise: (a) Defendants’
officers, agents, servants, employees, and attorneys; and (b) other persons in active concert or
participation with Defendants or with anyone described in (a).
IV.
IT  IS  HEREBY  ORDERED,  ADJUDGED,  AND  DECREED  that  Thompson  and F3
Mastermind  are  jointly  and  severally  liable  for  disgorgement  of  $72,946.00, representing  net
profits  gained  as  a  result  of  the  conduct  alleged  in  the  Complaint,  together  with  prejudgment
interest  thereon  in  the  amount  of  $18,005.00,  for  a  total  of  $90,951.00. Thompson  and  F3
Mastermind  each  separately are  further  liable  for  civil  monetary  penalties in
 the amount  of
$36,000.00 pursuant  to  Section  21(d)(3)  of  the  Exchange  Act  [15  U.S.C.  §  78u(d)(3)],  Section
20(d) of the Securities Act [15 U.S.C. § 77t(d)], and Section 209(e) of the Advisers Act [15 U.S.C.
§ 80b-9(e)].  Defendants shall satisfy the foregoing obligations of disgorgement and prejudgment
interest  by  paying  $90.951.00 to  the  Securities  and  Exchange  Commission within  30  days  after
entry  of  this  Final  Judgment.  Thompson shall  satisfy  his  foregoing  civil  monetary  penalty
obligation by paying $36,000.00 to the Securities and Exchange Commission within 30 days after
entry  of  this  Final  Judgment.  F3  Mastermind  shall  satisfy  its  foregoing  civil  monetary  penalty
obligation by paying $36,000.00 to the Securities and Exchange Commission within 30 days after
entry of this Final Judgment
Defendants may transmit payment electronically to the SEC, which will provide detailed
ACH transfer/Fedwire instructions upon request.  Payment may also be made directly from a bank
account  via  Pay.gov  through  the  SEC  website  at  http://www.sec.gov/about/offices/ofm.htm.

Defendants may also pay by certified check, bank cashier’s check, or United States postal money
order payable to the Securities and Exchange Commission, which shall be delivered or mailed to:

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Enterprise Services Center
Accounts Receivable Branch
6500 South MacArthur Boulevard
Oklahoma City, OK 73169
and shall be accompanied by a letter identifying the case title, civil action number, and name of
this  Court;  Thompson  and  F3  Mastermind  as  Defendants  in  this  action;  and  specifying  that
payment is made pursuant to this Final Judgment.
Defendants  shall  simultaneously  transmit  photocopies  of  evidence  of  payment  and  case
identifying  information  to  the  SEC’s  counsel  in  this  action.    By  making  such  payment(s),
Defendants relinquish all legal and equitable right, title, and interest in such funds and no part of
the funds shall be returned to Defendant(s).
The SEC may enforce the Court’s judgment for disgorgement and prejudgment interest by
using all collection procedures authorized by law, including, but not limited to, moving for civil
contempt at any time after 30 days following entry of this Final Judgment.
The SEC  may  enforce  the  Court’s  judgment  for  penalties  by  the  use  of  all  collection
procedures authorized by law, including the Federal Debt Collection Procedures Act, 28 U.S.C. §
3001 et  seq.,  and  moving  for  civil  contempt  for  the  violation  of  any  Court  orders  issued  in  this
action.  Defendants shall pay post judgment interest on any amounts due after 30 days of the entry
of this Final Judgment pursuant to 28 U.S.C. § 1961.  The SEC shall hold the funds, together with
any  interest  and  income  earned  thereon  (collectively,  the  “Fund”),  pending  further  order  of  the
Court.
The SEC may propose a plan to distribute the Fund subject to the Court’s approval.  Such
a  plan  may  provide  that  the  Fund  shall  be  distributed  pursuant  to  the  Fair  Fund  provisions  of
Section  308(a)  of  the  Sarbanes-Oxley  Act  of  2002.    The  Court  shall  retain  jurisdiction over the

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administration of any distribution of the Fund and the Fund may only be disbursed pursuant to an
Order of the Court.
Regardless of whether any such Fair Fund distribution is made, amounts ordered to be paid
as  civil  penalties  pursuant  to  this  Final Judgment  shall  be  treated  as  penalties  paid  to  the
government  for  all  purposes,  including  all  tax  purposes.    To preserve the deterrent effect of the
civil penalty, Defendants  shall not, after offset or reduction of any award of compensatory damages
in any Related Investor Action based on Defendants’ payment of disgorgement in this action, argue
that they is entitled to, nor shall   they further benefit by, offset or reduction of such compensatory
damages award by the amount of any part of Defendants’ payment of a civil penalty in this action
(“Penalty  Offset”).     If  the  court  in  any  Related  Investor  Action  grants  such  a  Penalty  Offset,
Defendants shall, within 30 days after entry of a final order granting the Penalty Offset, notify the
Commission’s counsel in this action and pay the amount of the Penalty Offset to the United States
Treasury or to a Fair Fund, as the Commission directs.  Such a payment shall not be deemed an
additional civil penalty and shall not be deemed to change the amount of the civil penalty imposed
in  this  Judgment.    For  purposes  of  this  paragraph,  a  “Related  Investor  Action”  means  a  private
damages  action  brought  against  Defendants   by  or  on  behalf  of  one  or  more  investors  based  on
substantially the same facts as alleged in the Complaint in this action.
V.

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain
jurisdiction of this matter for the purposes of enforcing the terms of this Final Judgment.

IT IS SO ORDERED.

DATED: August 14, 2025

             /s/ Douglas Harpool______________

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DOUGLAS HARPOOL
UNITED STATES DISTRICT JUDGE

1 
 

IN THE UNITED STATES DISTRICT COURT FOR THE 
WESTERN DISTRICT OF MISSOURI 

SOUTHWESTERN DIVISION 
 

  
UNITED STATES SECURITIES AND 
EXCHANGE COMMISSION, 

 

  
Plaintiff,  

  
v. Case No. 3:24-cv-05032-MDH 

   
ROBERT M. THOMPSON AND THE 
FINANCIAL FREEDOM FOUNDATION, d/b/a 
F3 MASTERMIND, 

 

Defendants, 
  
and 
 
BRANDON K. STUCKI, 
 
                                                Relief Defendant. 

 

  
 

FINAL JUDGMENT BY DEFAULT  
AS TO DEFENDANTS ROBERT M. THOMPSON AND THE FINANCIAL FREEDOM 

FOUNDATION, d/b/a F3 MASTERMIND 
 

Plaintiff Securities and Exchange Commission (“SEC”) having filed a Complaint on May 

3, 2024 and an Amended Complaint on November 11, 2024, Defendants Robert M. Thompson 

(“Thompson”) and The Financial Freedom Foundation, d/b/a F3 Mastermind (“F3 Mastermind”) 

(together, with Thompson, “Defendants”) having failed to answer the Complaint or the Amended 

Complaint, a default having been entered on January 28, 2025, the Court having considered the 

SEC’s motion for entry of a default judgment and all the pleadings and evidence submitted in 

support thereof; and the Court having determined that Defendants are not infants or incompetent 

persons and that the Servicemembers Civil Relief Act, 50 U.S.C. App. §§ 501-597b, does not 

apply, the Court hereby GRANTS the SEC’s motion for entry of default judgment and enters final 

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judgment against Defendants as follows:  

I. 

IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that each of the Defendants 

is permanently restrained and enjoined from violating, directly or indirectly, Section 10(b) of the 

Securities Exchange Act of 1934 (the “Exchange Act”) [15 U.S.C. § 78j(b)] and Rule 10b-5 

promulgated thereunder [17 C.F.R. § 240.10b-5], by using any means or instrumentality of 

interstate commerce, or of the mails, or of any facility of any national securities exchange, in 

connection with the purchase or sale of any security: 

(a) to employ any device, scheme, or artifice to defraud; 

(b) to make any untrue statement of a material fact or to omit to state a material fact 

necessary in order to make the statements made, in the light of the circumstances 

under which they were made, not misleading; or 

(c) to engage in any act, practice, or course of business which operates or would operate 

as a fraud or deceit upon any person. 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in Federal 

Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who receive 

actual notice of this Final Judgment by personal service or otherwise: (a) Defendants’ officers, 

agents, servants, employees, and attorneys; and (b) other persons in active concert or participation 

with Defendants or with anyone described in (a). 

II. 

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that each of the 

Defendants is permanently restrained and enjoined from violating Section 17(a) of the Securities 

Act of 1933 (the “Securities Act”) [15 U.S.C. § 77q(a)] in the offer or sale of any security by the 

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use of any means or instruments of transportation or communication in interstate commerce or by 

use of the mails, directly or indirectly: 

(a) to employ any device, scheme, or artifice to defraud; 

(b) to obtain money or property by means of any untrue statement of a material fact or any 

omission of a material fact necessary in order to make the statements made, in light of 

the circumstances under which they were made, not misleading; or 

(c) to engage in any transaction, practice, or course of business which operates or would 

operate as a fraud or deceit upon the purchaser. 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in Federal 

Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who receive 

actual notice of this Final Judgment by personal service or otherwise: (a) Defendants’ officers, 

agents, servants, employees, and attorneys; and (b) other persons in active concert or participation 

with Defendants or with anyone described in (a). 

III. 

IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that each of the 

Defendants is permanently restrained and enjoined from violating Sections 206(1) and 206(2) of 

the Investment Advisers Act of 1940 (“Advisers Act”) [15 U.S.C. §80b-6(1), (2)], by, as an 

investment adviser, using the mails or any means or instrumentality of interstate commerce, 

directly or indirectly: 

(a) to employ any device, scheme, or artifice to defraud any client or prospective client; or 

(b) to engage in any transaction, practice, or course of business which operates as a fraud 

or deceit upon any client or prospection client. 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that, as provided in 

Federal Rule of Civil Procedure 65(d)(2), the foregoing paragraph also binds the following who 

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receive actual notice of this Final Judgment by personal service or otherwise: (a) Defendants’ 

officers, agents, servants, employees, and attorneys; and (b) other persons in active concert or 

participation with Defendants or with anyone described in (a). 

IV. 

IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Thompson and F3 

Mastermind are jointly and severally liable for disgorgement of $72,946.00, representing net 

profits gained as a result of the conduct alleged in the Complaint, together with prejudgment 

interest thereon in the amount of $18,005.00, for a total of $90,951.00. Thompson and F3 

Mastermind each separately are further liable for civil monetary penalties in the amount of 

$36,000.00 pursuant to Section 21(d)(3) of the Exchange Act [15 U.S.C. § 78u(d)(3)], Section 

20(d) of the Securities Act [15 U.S.C. § 77t(d)], and Section 209(e) of the Advisers Act [15 U.S.C. 

§ 80b-9(e)].  Defendants shall satisfy the foregoing obligations of disgorgement and prejudgment 

interest by paying $90.951.00 to the Securities and Exchange Commission within 30 days after 

entry of this Final Judgment. Thompson shall satisfy his foregoing civil monetary penalty 

obligation by paying $36,000.00 to the Securities and Exchange Commission within 30 days after 

entry of this Final Judgment. F3 Mastermind shall satisfy its foregoing civil monetary penalty 

obligation by paying $36,000.00 to the Securities and Exchange Commission within 30 days after 

entry of this Final Judgment 

Defendants may transmit payment electronically to the SEC, which will provide detailed 

ACH transfer/Fedwire instructions upon request.  Payment may also be made directly from a bank 

account via Pay.gov through the SEC website at http://www.sec.gov/about/offices/ofm.htm. 

Defendants may also pay by certified check, bank cashier’s check, or United States postal money 

order payable to the Securities and Exchange Commission, which shall be delivered or mailed to: 

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5 
 

Enterprise Services Center 
Accounts Receivable Branch 
6500 South MacArthur Boulevard 
Oklahoma City, OK 73169 

and shall be accompanied by a letter identifying the case title, civil action number, and name of 

this Court; Thompson and F3 Mastermind as Defendants in this action; and specifying that 

payment is made pursuant to this Final Judgment. 

Defendants shall simultaneously transmit photocopies of evidence of payment and case 

identifying information to the SEC’s counsel in this action.  By making such payment(s), 

Defendants relinquish all legal and equitable right, title, and interest in such funds and no part of 

the funds shall be returned to Defendant(s). 

The SEC may enforce the Court’s judgment for disgorgement and prejudgment interest by 

using all collection procedures authorized by law, including, but not limited to, moving for civil 

contempt at any time after 30 days following entry of this Final Judgment. 

The SEC may enforce the Court’s judgment for penalties by the use of all collection 

procedures authorized by law, including the Federal Debt Collection Procedures Act, 28 U.S.C. § 

3001 et seq., and moving for civil contempt for the violation of any Court orders issued in this 

action.  Defendants shall pay post judgment interest on any amounts due after 30 days of the entry 

of this Final Judgment pursuant to 28 U.S.C. § 1961.  The SEC shall hold the funds, together with 

any interest and income earned thereon (collectively, the “Fund”), pending further order of the 

Court. 

The SEC may propose a plan to distribute the Fund subject to the Court’s approval.  Such 

a plan may provide that the Fund shall be distributed pursuant to the Fair Fund provisions of 

Section 308(a) of the Sarbanes-Oxley Act of 2002.  The Court shall retain jurisdiction over the 

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6 
 

administration of any distribution of the Fund and the Fund may only be disbursed pursuant to an 

Order of the Court. 

Regardless of whether any such Fair Fund distribution is made, amounts ordered to be paid 

as civil penalties pursuant to this Final Judgment shall be treated as penalties paid to the 

government for all purposes, including all tax purposes.  To preserve the deterrent effect of the 

civil penalty, Defendants shall not, after offset or reduction of any award of compensatory damages 

in any Related Investor Action based on Defendants’ payment of disgorgement in this action, argue 

that they is entitled to, nor shall they further benefit by, offset or reduction of such compensatory 

damages award by the amount of any part of Defendants’ payment of a civil penalty in this action 

(“Penalty Offset”).  If the court in any Related Investor Action grants such a Penalty Offset, 

Defendants shall, within 30 days after entry of a final order granting the Penalty Offset, notify the 

Commission’s counsel in this action and pay the amount of the Penalty Offset to the United States 

Treasury or to a Fair Fund, as the Commission directs.  Such a payment shall not be deemed an 

additional civil penalty and shall not be deemed to change the amount of the civil penalty imposed 

in this Judgment.  For purposes of this paragraph, a “Related Investor Action” means a private 

damages action brought against Defendants by or on behalf of one or more investors based on 

substantially the same facts as alleged in the Complaint in this action. 

V. 
 

 IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain 

jurisdiction of this matter for the purposes of enforcing the terms of this Final Judgment. 

 
IT IS SO ORDERED. 
 
DATED: August 14, 2025 
 
             /s/ Douglas Harpool______________ 

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DOUGLAS HARPOOL             
UNITED STATES DISTRICT JUDGE 

 

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