FINRA Ordered Raymond James to Pay $3.2 Million to Customers Harmed by Oil and Gas Investments

Posted on November 7th, 2019 at 5:22 PM
FINRA Ordered Raymond James to Pay $3.2 Million to Customers Harmed by Oil and Gas Investments

From the Desk of Jim Eccleston at Eccleston Law LLC:

Financial Industry Regulatory Authority Inc. (“FINRA”) has ordered Raymond James and Associates Inc. (“Raymond James”) to pay $3.2 million to more than two dozen customers over unauthorized trading in oil and gas ventures.

According to FINRA, the firm was liable for transactions conducted by James Edward Lyons, a former registered representative who is now barred from the industry.

The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial investors and advisors including Securities FraudCompliance ProtectionBreach of Fiduciary DutyFINRA Matters, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.

Related Attorneys: James J. Eccleston

Tags: james eccleston, eccleston law, eccleston law llc, eccleston, oil, gas investments, finra

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