Stoltmann Law Offices is investigating Debra Kaye Lyman, also known as Debra Kaye Browning. Lyman recently entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) in which she was fined $10,000 and suspended from the industry for three months. FINRA alleged that Lyman effected transactions in customer accounts without obtaining the client’s written authorization. She also responded to a questionnaire in which she did not disclose those transactions. Morgan Stanley had a duty to reasonably supervise Lyman, and because they did not, they may be held liable for any investment losses. Please call us at 312-332-4200 to speak to an attorney about your options of recovering losses with Debra Lyman and Morgan Stanley.
Lyman was registered with Morgan Stanley in Midvale, Utah from September 1998 until April 2007, Morgan Stanley in Holladay, Utah from April 2007 until June 2009 and Morgan Stanley in Holladay from June 2009 until January 2014. She has five customer disputes against her. She is not licensed within the industry.
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