Jefferey Dyra Allegedly Misappropriates A Customer’s Funds

The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Jefferey Dyra. According to his publicly available FINRA BrokerCheck report, Jefferey Dyra has been the subject of a customer dispute.

Jefferey Dyra was an Illinois based securities broker. He worked in the securities industry for two years. He spent his entire career registered with Bankers Life Securities. He is no longer working as a registered securities broker in any fashion.

The Allegations

In June 2019, a customer alleged that Jefferey Dyra misappropriated their funds. The customer allegedly provided Dyra with two checks, one for $8,000 and another for $23,500, for the purposes of purchasing annuities. However, no annuities were ever purchased as Jefferey Dyra allegedly diverted these funds for other means. Due to these allegations, Jefferey Dyra was discharged from his position at Bankers Life Securities and barred by FINRA from acting as a securities broker in any fashion.

Oakes & Fosher Can Help

Many investors are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who have lost money in this fashion may actually be entitled to damages.

Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Jefferey Dyra, please contact Oakes & Fosher for a free and private consultation. We work on a contingency basis, which means there are no fees charged unless we collect for you.