John Alex (CRD: 2020710) settled customer disputes at Morgan Stanley and UBS Financial Services between 2011 and 2025, according to BrokerCheck, which lists him as John L. Alex.
Soreide Law Group is investigating possible investor claims against securities broker Lee Ray Diedrich (CRD: 2636095, Great Falls, Montana). Evidently, FINRA sanctioned the securities broker, who worked for Pruco Securities LLC. Allegedly, Diedrich committed forgery. Here is a brief summary of FINRA’s allegations against Diedrich.
Evidently, on November 16, 2022, FINRA issued Acceptance, Waiver, and Consent No. 2022074303701 sanctioning Lee Diedrich for infractions. Specifically, Diedrich was suspended for 3 months as a securities broker and fined $5,000. Particularly, FINRA alleged that Diedrich committed forgery.
Without confessing or denying the discoveries, Diedrich agreed to the penalties and accepted FINRA’s findings that he falsified client signatures. The discoveries revealed that Diedrich apparently used electronic signatures of clients on documents for opening accounts and applying for variable annuities. Diedrich also allegedly used his own email address instead of the clients' email address on some account opening documents.
Notably, FINRA says that Diedrich did not have prior consent or authority from any clients to electronically sign their names on the documents. The findings also indicated that Diedrich submitted the documents to his affiliated company for processing. By submitting documents with forged client signatures and incorrect client email addresses, Diedrich caused the company to create and maintain inaccurate financial records.
Have you experienced damages due to Lee Diedrich? If so, contact Soreide Law Group at (888) 760-6552 and talk with a securities lawyer about a possible recovery of your losses. Soreide Law Group, who has effectively recovered money for hundreds of investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Diedrich and investment firms Diedrich worked for deny any and all allegations of sales practice violations.
John Alex (CRD: 2020710) settled customer disputes at Morgan Stanley and UBS Financial Services between 2011 and 2025, according to BrokerCheck, which lists him as John L. Alex.
Sam Bhushan (CRD: 4884717) is named in several pending customer complaints and one settled dispute, according to his BrokerCheck report.
Sterling Louviere (CRD: 2021328), listed on BrokerCheck as Sterling Vaughn Louviere, is named in a pending customer claim over Reg D private placements, with Cabin Securities as the firm named.
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