DID JAMES GORDON HYRE JR CAUSE YOU INVESTMENT LOSSES?
James Hyre, Jr. Of Raymond James Financial Services, Inc. Has A Customer Complaint For Alleged Broker Misconduct
About James Hyre, Jr. of Raymond James Financial Services, Inc.?
James Hyre, Jr. (CRD #2429707) has been employed by Raymond James Financial Services, Inc. since 2005 and registered in 32 U.S. states and territories, Despite passing two principal/supervisory exams and four general industry/product exams, his career is marred by frequent firm changes and a termination due to unethical behavior. Such a background reveals a pattern that potential clients might find alarming.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
James Hyre, Jr. Customer Complaint and Reviews
James G. Hyre Jr. has been involved in at least two negative disclosures that reflect poorly on him:
- Customer Dispute (Settled)
- Date Complaint Received: September 15, 2023
- Allegations: The client alleged unauthorized sales of securities in her discretionary account.
- Settlement Amount: $65,527.00
- Outcome: The dispute was settled with a significant payout, indicating a serious lapse in following client directives and compliance with regulatory standards.
- Termination
- Termination Date: January 25, 2005
- Allegations: He was discharged for altering a new account application without client approval and submitting inaccurate information about the source of funds.
- Outcome: This termination highlights a clear violation of ethical standards and is particularly concerning for potential investors looking for trustworthy financial guidance.
Allegations Against James Hyre, Jr.
The allegations against James G. Hyre Jr. include:
- Unauthorized Transactions: Hyre was accused of making unauthorized transactions in a client’s account, a grave breach of trust and fiduciary duty.
- Misrepresentation of Application Details: He altered client documents post-approval, which indicates a disregard for legal standards and client security.
- Inaccurate Reporting of Client Funds: Submitting false information about the source of funds raises serious concerns about his integrity and operational transparency.
These allegations paint a picture of a broker who has repeatedly compromised client trust and skirted regulatory requirements, making him a risky choice for potential investors.
James Hyre, Jr. Red Flags & Your Rights As An Investor
Of course, James Hyre, Jr. did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of James Hyre, Jr. at Raymond James Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether James Hyre, Jr. has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Raymond James Financial Services, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Raymond James Financial Services, Inc. Due To James Hyre, Jr.
If you have questions about Raymond James Financial Services, Inc. and/or James Hyre, Jr. and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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