1.800.931.8452
We can help recover your investment loss. Free consultations, always. CONTACT US

Former Raymond James Financial Advisor, James Edward Lyons, Barred From Associating With Any FINRA Brokerage Firm

The Wolper Law Firm is currently investigating claims against former Raymond James Financial Advisor, James Edward Lyons.

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), effective June 4, 2018, James Edward Lyons was barred from associating with any FINRA member brokerage firm.  Effectively, this means that James Edward Lyons is unable to work as a registered Financial Advisor. This disciplinary action was prompted by James Edward Lyon’s failure to comply with a subpoena request made by FINRA to provide on the record testimony regarding his sales practices.

According to FINRA’s BrokerCheck, James Edward Lyons has a total of eight (8) customer complaints, three (3) of which are currently pending.  These complaints allege sales practice violations, including allegations of fraud, negligence, unauthorized trading and unsuitable investment recommendations.  Among the complaints include:

  • November 2017—Pending customer complaint, alleging fraud, unauthorized trading, and unsuitability.  Alleged damages of $5 million.
  • October 2017—Pending customer complaint, alleging unsuitable investment recommendations.  Damages unspecified.
  • April 2016—Customer complaint alleging churning, violation of federal securities laws, unauthorized trading and unsuitable investment recommendations.  The alleged damages were $1.2 million. The dispute was settled for $400,000.

Brokerage firms are required by regulation to supervise the Financial Advisors they employ.  The failure of a brokerage firm to properly supervise its Financial Advisors imposes liability on the brokerage firm for investment losses caused by the Financial Advisor’s misconduct.

If you or someone you know was a customer of James Edward Lyons at Raymond James and you experienced investment losses, please contact the Wolper Law Firm at 800.931.8452 or by email at mwolper@67.43.6.64 to discuss your specific situation and the legal options available.  The Wolper Law Firm represents investors nationwide in securities litigation and arbitration.

Now is the time to talk to an investment loss recovery lawyer. We can help recover your investment loss. Free consultations, always.

Main Office - Fort Lauderdale

1250 S. Pine Island Road
Suite 325
Plantation, FL 33324
Phone: (800) 931-8452
(954)-406-1231

We represent clients nationwide, including, but not limited to: Miami, Boca Raton, West Palm Beach, Sarasota, Tampa, Stuart, St. Petersburg, Vero Beach, Orlando, Jacksonville, Austin, Houston, Dallas, Washington DC, Charlotte, Boston, Baltimore, Phoenix, Scottsdale, Las Vegas, Los Angeles, San Diego, San Francisco, Chicago, Seattle, Portland, Denver, Salt Lake City, Fargo, Atlanta, Little Rock, Newark and St. Louis

Additional Office Locations (by appointment only)

Atlanta

3355 Lenox Road
Suite 7
Atlanta, GA 30326

Indianapolis

13295 N. Illinois St.
Suite 314
Indianapolis, IN 46032

New York City

275 Madison Avenue
Suite 705
New York, NY 10016

Dallas

3102 Maple Ave.
Suite 400
Dallas, TX 75201

Irvine

2600 Michelson Drive
Suite 1700
Irvine, CA 92612

Portland

5933 NE Win Sivers Drive
Suite 205
Portland, OR 97220

Denver

7900 E. Union Ave.
Suite 1100
Denver, CO 80237

Naperville

1700 Park Street
Suite 103
Naperville, IL 60563

Seattle

1001 Fourth Ave.
#3200
Seattle, WA 98154

We represent clients nationwide, including, but not limited to: Miami, Boca Raton, West Palm Beach, Sarasota, Tampa, Stuart, St. Petersburg, Vero Beach, Orlando, Jacksonville, Austin, Houston, Dallas, Washington DC, Charlotte, Boston, Baltimore, Phoenix, Scottsdale, Las Vegas, Los Angeles, San Diego, San Francisco, Chicago, Seattle, Portland, Denver, Salt Lake City, Fargo, Atlanta, Little Rock, Newark and St. Louis