Publicly available records provided by the Financial Industry Regulatory Authority and accessed on July 27, 2017 indicate that Texas-based Independent Financial Group broker/adviser Lyle Boudreaux has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Boudreaux (CRD# 4303420).
Lyle Boudreaux has spent 12 years in the securities industry and has been registered with Independent Financial Group in Houston, Texas since 2012. Previous registrations include Sunbelt Securities in Houston, Texas; Merrill Lynch in Houston, Texas; Coastal Securities in Houston, Texas; Fixed Income Securities in Monument, Colorado; Sterne Agee & Leach in Birmingham, Alabama; PFS Investments in Duluth, Georgia; and Dean Witter Reynolds in Purchase, New York. He is a registered broker and investment adviser with 5 US states and territories: Alaska, Arkansas, California, Louisiana and Texas.
According to his BrokerCheck report, Lyle Boudreaux has received one customer complaint and one pending customer complaint, and was terminated from a former employer.
In March 2017 a customer alleged Lyle Boudreaux, while employed at Independent Financial Group, breached contract, violated state securities laws, and acted negligently in connection to investments in leveraged exchange-traded funds. The customer is seeking between $100,000 and $500,000 in damages in the pending complaint.
In January 2017 a customer alleged Lyle Boudreaux, while employed at Independent Financial Group, recommended an exchange-traded fund position that resulted in losses. The complaint settled in May 2017 for $80,000.
In 2012 he was discharged from his position at Merrill Lynch following allegations of “conduct involving failing to update a family member/client’s account record to indicate that the client was deceased and continuing to educate transactions in the account on behalf of the estate’s representative prior to obtaining the proper paperwork.”
If you or someone you know has lost money investing with Lyle Boudreaux, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.