November 15, 2014– Press reports indicated that Johnson is currently “no where to be found”.
November 5, 2014– The US Securities & Exchange Commission (SEC) filed an emergency action against Eric W. Johnson of Hinsdale, Illinois, alleging that from 2004-present he misappropriated at least $1 million from some of his advisory clients.
According to the complaint, Johnson admitted taking the money by forging client signatures on more than 100 separate wire transfer forms which transferred the customer funds to his personal bank account.
In October 2014, FINRA permanently barred Johnson from the industry. Johnson was discharged by both Redridge Securities and H.D. Brent & Company in September 2014 when they learned that he was under investigation by the FBI for illegally taking customer funds.
If you have losses in an account handled by Johnson, contact us to learn how you may be entitled to damages.
Rex Securities Law provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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