Banker's Life Broker Jefferey Dyra Possibly Misappropriated Funds Investor Alert! The Financial Industry Regulatory Authority (“FINRA”) reports alarming information in regard to securities broker Jefferey Dyra [CRD#: 6785909, Naperville, Illinois]. Supposedly, at least two clients raised serious concerns about the securities broker, who worked for Bankers Life Securities until it disaffiliated with him in 2019 […]

RALPH WILLARD SAVOIE (CRD#: 411660) was charged December 22, 2017, with one count of wire fraud. Savoie, based in Louisiana, has been charged with defrauding clients by using the clients’ money for his own personal expenses, to pay off other investors, and to invest in a high-risk real estate venture. According to the court filing, […]

Soreide Law Group obtained the following information from FINRA’s July 2017 Disciplinary Report:  David Wesley Wells (David Wells) (CRD #3252656, Hanover, Pennsylvania)   Has been barred by FINRA from acting as a broker or otherwise associating with firms that sell securities to the public for allegedly refusing to produce information and documents FINRA requested during […]

William Charlton Mays (CRD #2693626, Corpus Christi, Texas) was barred by FINRA and ordered to pay $10,000, plus interest, in restitution to a client for allegedly converting and misusing a client’s funds for his own benefit. FINRA's findings stated that Mays received a $50,000 check after soliciting the cleint to invest in stocks and commodities. […]

John Charles Hanson (CRD #2420584, Spokane, Washington) was barred by FINRA for refusing to respond to FINRA requests for information, documents and testimony in connection with an investigation involving allegations that he misappropriated more than $300,000 from at least two member firm clients. FINRA's findings stated that Hanson stated that he would not produce any […]

Eric William Johnson (CRD #2142522, Hinsdale, New York) was barred by FINRA for the alleged misappropriation of more than $1 million from at least six firm customers’ brokerage accounts at his member firm. Eric Johnson was register in the securities industry for 23 years. FINRA's findings stated that Johnson made wire transfers of funds from […]

The SEC has filed an action against ERIC W. JOHNSON, 51, (CRD# 2142522) for allegedly misappropriating at least $1 million from his clients. The SEC claims that Johnson transferred small sums to his personal account over 100 times. Eric William Johnson has not been located. Johnson has been with RedRidge Securities, based in Chicago, since […]

The Soreide Law Group, based in Fort Lauderdale (888) 760-6552, obtained the following summary of information from FINRA’s website, under “Disciplinary and Other FINRA Actions, October, 2014.” Arhonda T’Lene Guinn (CRD #4401132, Vero Beach, Florida) was barred by FINRA for allegedly converting $12,100 from a client’s account at her firm for her own use. FINRA's […]

Fort Lauderdale-based Soreide Law Group, (888) 760-6552, recently obtained the following summary of information located on FINRA’s website, under “Disciplinary and Other FINRA Actions, August, 2014.” Stuart James Siegel (CRD #835515, Bradenton, Florida) was barred by FINRA for allegedly converting more than $76,000 of a foundation’s funds for his own personal use. FINRA's findings stated […]