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.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com