Mass Mutual Investor Services Terminated Broker Timothy E Johnson For Allegedly Misappropriating Customer Funds For His Own Use

Timothy E. Johnson (CRD # 5701828) was a Financial Advisor at Mass Mutual Investorrs Services in Lawrenceville, Georgia.  Timothy E. Johnson has been in the securities industry since 2009 and previously worked at Suntrust Investment Services and PNC Investments.        

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), on July 8, 2019, Mass Mutual terminated Timothy E. Johnson “in connection with an investigation into the registered representative’s diversion of customer funds for his own use.” 

Broker theft is an uncommon event but constitutes the ultimate breach of trust by a fiduciary.  When a Financial Advisor misappropriates client funds, the employing brokerage firm is responsible for any financial loss that is incurred. 

For a copy of Timothy E. Johnson’s CRD, click https://brokercheck.finra.org/individual/summary/5701828#disclosuresSection

The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis.  Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities.  Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.  We can be reached at 800.931.8452 or by email at mwolper@wolperlawfirm.com.