JEREMY JOHNSON (Bill Johnson) of Torch Securities is Now BARRED
Have you lost money with financial advisor Jeremy Johnson aka Bill Johnson of Murrieta, California? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority. FINRA barred Jeremy Johnson after he failed to respond to an investigation. Johnson was being investigated regarding allegations that he made unsuitable investment recommendations in two securities, and that he allegedly made misrepresentations.
Jeremy or Bill Johnson was a financial advisor and registered representative of Torch Securities from May 2019 to April 2020. He worked at branch offices in Murrieta, California. Johnson was also under investigation by California for sales of Green Bud Initiatives, Smart Initiatives, Valley View Enterprises, Target Equity, and GPA Enterprises.
Brokerage firms like Torch Securities have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered 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 Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout California. Our attorneys have represented over one thousand investors against many brokerage firms in the past.