Jefferey Dyra refused to provide documents and information requested by FINRA when it began an investigation into whether he misappropriated client funds.
The Sonn Law Group is investigating allegations that Jefferey Dyra misappropriated client funds. Under FINRA Rules, brokerage firms are liable for their brokers’ misconduct or negligence and investors may be able to their investment through FINRA arbitration. Contact Sonn Law Group today or call us at 866–827–3202 for a free consultation.
Jefferey Dyra(CRD#:6785909) was barred by FINRA after refusing to submit documents and provide information requested by FINRA in order to further their investigation into whether he had misappropriated funds from a customer of an affiliate of his member firm or otherwise engaged in any misconduct that violated federal securities laws or regulations or FINRA rules.
FINRA initiated their investigation after Dyra was terminated from Bankers Life Securities following allegations that Dyra misappropriated client funds. The client alleged that Dyra asked her to make two checks payable to him personally for the purchase of annuities not specific in type.
The first check was May 7, 2019 in the amount of $8000.00 made payable to Dyra personally with the intent to purchase an annuity. The second check was May 15, 2019 made payable to Dyra personally in the amount of $23,500 for the intention to purchase an annuity. The funds were not used to purchase an annuity.
Dyra is also facing a customer complaint alleging the same information. The claimant is seeking $31,500 in damages.
Jeffrey R. Sonn is an experienced investor losses attorney. If you suffered losses because a financial professional committed acts in violation of FINRA Rules, Mr. Sonn will protect your rights and interests. Please do not hesitate to contact the Sonn Law Group today for a free review of your claim.