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Jefferey William Dyra formerly with Bankers Life Securities, Inc. Has 2 Customer Complaints for Alleged Broker Misconduct in the Past 2 Years

Who is Jefferey W. Dyra formerly with Bankers Life Securities, Inc.?

Jefferey Dyra (CRD #6785909) was formerly registered with Bankers Life Securities, Inc. and located in Naperville, Illinois a subject of one of our many securities industry sales practice abuse investigations.  

Jefferey Dyra is no longer registered in the securities industry.  In October 2019, FINRA initiated an investigation into whether he had misappropriated funds from the customer of an affiliate of his member firm or otherwise engaged in misconduct that had violated the federal securities laws and regulations, and FINRA Rules. 

Rather than cooperate with the investigation, the financial advisor consented to the sanction of a permanent bar from the securities industry.

Bankers Life Securities, Inc. Broker Misconduct

In his career, Jefferey Dyra has been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last 2 years to recover investment losses.

One of Jefferey Dyra’scustomer complaints was settled in favor of an investor. The other customer complaint filed against Jefferey Dyra was denied by his former employer and the customer has not yet taken any further action.

Allegations Against Jefferey Dyra

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:

  • A customer alleged unauthorized trading.
  • The client alleged that Jefferey Dyra asked her to make 2 checks payable to him personally for the purchase of annuities.  The annuities were not purchased by him.  This allegation is what led to the FINRA investigation and the permanent bar from the securities industry.

Jefferey Dyra Red Flags & Your Rights as An Investor

Of course, Jefferey Dyra 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 that should put all current and former customers of Jefferey Dyraat Bankers Life Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Jefferey Dyrahas engaged in any stockbroker misconduct that may have caused them investment losses.

The large number of customer complaints at Bankers Life Securities, Inc. also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim to Recover Your Investment Losses At Bankers Life Securities, Inc.

If you have questions about Bankers Life Securities, Inc.and/or Jefferey Dyraand 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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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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