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DeVere Dudley Suspended Following Arbitration Award

DeVere Dudley (CRD #: 2092082), a broker previously registered with Raymond James, is the subject of a FINRA suspension. This regulatory disclosure appears in his BrokerCheck record, accessed on August 8, 2023. 

On July 26, 2023, FINRA suspended DeVere Dudley following allegations he failed to with or satisfactorily comply with an arbitration award or settlement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance. This suspension will continue until the required payment is made or discharged. 

The arbitration award alleged that DeVere Dudley breached a Loan Terms Agreement and an Independent Branch Owner Agreement. You can read a copy of the award here.

FINRA Rule 9552 states that members who fail to provide documents, information, or testimony requested by FINRA will be suspended. Members who fail to request an end to their suspension within three months will be permanently barred.

Background Information

DeVere Dudley has passed the following exams: 

  • Series 66 Uniform Combined State Law Examination 
  • Series 65 Uniform Investment Adviser Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 

He has registered with the following firms: 

  • Raymond James Financial Services (CRD #: 6694) 
  • Edward Jones (CRD #: 250) 
  • Linsco/Private Ledger Corp. (CRD #: 6413) 
  • Murphey Favre (CRD #: 599) 
  • Cuna Brokerage Services (CRD #: 13941) 

Kurta Law Can Help

If you worked with DeVere Dudley and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.

 

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