GREGORY JOHNSON of Vision Financial ORDERED to Pay $100,000
Have you lost money with investment advisor Gregory Johnson of Mesa, Arizona? We are looking into allegations made by the South Dakota Securities Division against Gregory Johnson and his advisory firm, Vision Financial Services. South Dakota ordered Johnson and Vision to pay $100,000 to investors, after he solicited the investors to invest in Woodbridge. Unfortunately, Woodbridge has filed for bankruptcy, and investors may suffer considerable losses in these investments.
Gregory Johnson has been an investment adviser representative of Vision Financial Services from 2007 to the present. He worked at a branch office Mesa, Arizona.
Advisory firms like Vision Financial Services have a responsibility to adequately supervise all representatives who are registered through their firm. Advisory firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When firms fail to adequately supervise their representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Phoenix, Arizona; Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan;. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Arizona and South Dakota. Our attorneys have represented over one thousand investors against many firms in the past.