Former Raymond James broker, James Edward Lyons, was discharged from Raymond
James after client allegations of unauthorized trading in April of 2017.
James Lyons, who is not currently registered, has been accused of unauthorized
trading most recently, but also has several other customer complaints
in the past. Before working at Raymond James starting in 2013, James Lyons
worked at Morgan Keegan & Company in Shreveport, Louisiana.
What is Unauthorized Trading?
“Unauthorized trading” occurs when a broker does not obtain
authorization from their client before conducting trades in a customer
account. Brokers who do not obtain authorization breach their ethical
obligations and violate federal and state laws and rules and regulations
of the securities industry. You can
read more about unauthorized trading on our blog.
If you have lost money through unauthorized trading, an experienced investment
attorney can help you recover. Call the attorneys at Meyer Wilson for a
free and confidential case evaluation.