Lynn Witherspoon Bryant, LPL Financial LLC – Investor Investigation in Hurst, TX
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Haselkorn & Thibaut (investmentfraudlawyers.com) – a national investment fraud law firm with over 50 years of experience and a 98% success rate – has launched an investigation into former financial advisor Lynn Witherspoon Bryant (CRD #3216344), who was last registered with LPL Financial LLC in Hurst, Texas. If you invested with Ms. Bryant and are concerned about your investment losses, this report will provide you with key background information, highlight regulatory red flags, review complaints, and explain how you may be able to recover your losses. Call Haselkorn & Thibaut, 1-888-994-8066 now for a free, confidential consultation.
Summary Table: Lynn Witherspoon Bryant
| Field | Value |
|---|---|
| Advisor Name | Lynn Witherspoon Bryant |
| CRD Number | 3216344 |
| Most Recent Broker-Dealer | LPL Financial LLC |
| Industry Status | Barred by FINRA (as of July 2023) |
| City/State | Hurst, TX |
Background & Employment History
- Name/Aliases: Lynn Witherspoon Bryant; also known as Deborah Lynn Bryant, Lynn W. Bryant
- Most Recent Employer: LPL Financial LLC (Hurst, TX) from October 2007 to October 2022
- Other Past Broker-Dealers: Raymond James Financial Services (2000–2007); H.D. Vest Investment Securities (1999–2000)
- Other Business Affiliations: Bryant Financial Services; Lynn W. Bryant, P.C. (CPA); Life Lessons for Women, LLC; 3WW Adventures, LLC
- Regulatory Status: Barred in all capacities by FINRA as of July 2023
Ms. Bryant is no longer registered as a broker or financial advisor with any FINRA-member firm. Her career in the industry spanned more than two decades, primarily in Hurst, Texas.
Regulatory Actions & Discharge: What Happened?
- Barred by FINRA (July 2023): According to public FINRA records and regulatory filings, Lynn Witherspoon Bryant was permanently barred after she refused to cooperate with a FINRA investigation. The investigation was specifically looking at whether Bryant had participated in private securities transactions (often called “selling away”) while registered with LPL Financial LLC, without approval or prior written notice to her firm.
- Separation from LPL Financial (September 2022): LPL Financial discharged Bryant on September 13, 2022, for “participating in private security transactions with clients without prior notice to or approval from Firm.” This is a serious regulatory infraction and a common trigger for additional investigation and sanctions.
- Failure to Cooperate – FINRA Rule 8210/2010: Bryant’s refusal to testify or provide information during the FINRA investigation violated FINRA Rule 8210 (requirement to provide testimony and information) and FINRA Rule 2010 ( standards of commercial honor and just and equitable principles of trade), leading to her being barred from the securities industry in all capacities.
Allegations & Complaint Summary
What is “Selling Away”? “Selling away” refers to when a broker or advisor sells investments or securities that are not approved by the brokerage firm. This practice can pose significant risks to investors, as it bypasses the firm’s due diligence and compliance measures.
- Regulatory Investigation: Bryant was investigated for unapproved private securities transactions, raising questions about whether clients were sold products outside standard firm protocols.
- Permanent Bar: The regulatory bar is an indicator of serious concern for any current or former client and means Bryant is not permitted to associate with any FINRA-member firms going forward.
- Discharge from Employment: LPL Financial’s official reason for firing Bryant—selling away—highlights potential risk factors for clients who may have purchased unvetted or non-firm securities.
Red Flags for Investors
If you’ve had investment accounts handled by Lynn Witherspoon Bryant, especially at LPL Financial LLC, pay attention to these red flags:
- Investment Recommendations Outside the Firm: Did you purchase any investment, security, or product not disclosed on your regular brokerage statement?
- Lack of Written Documentation: Were you ever asked to write a check to an entity other than LPL Financial, or sign documents that did not bear your firm’s logo?
- Poor Communication regarding Investments: Did you ever have trouble obtaining information, transaction records, or clear explanations about specific investments?
- Unexpected or Unexplained Losses: Were you promised stable returns or sold higher-risk investments not in line with your risk tolerance or goals?
How To Check Your Broker’s Record
Investors can review Lynn Witherspoon Bryant’s full regulatory and disciplinary history via FINRA BrokerCheck.
What Should You Do If You Have Concerns?
- Gather your statements and documents. Identify any investments you do not recognize, or transactions made at the recommendation of Bryant without sufficient documentation.
- Contact Haselkorn & Thibaut. Our experienced investment fraud attorneys offer free, no-obligation consultations to review your account, investment losses, and potential recovery claims.
- Act promptly. Many FINRA arbitration cases are time-sensitive; contacting an attorney early improves your ability to recover losses.
Haselkorn & Thibaut’s Experience and No Recovery, No Fee Promise
Haselkorn & Thibaut has over 50 years of securities law experience, a 98% success rate, and has recovered millions for harmed investors nationwide.
No recovery, no fee. Confidential. Nationwide representation available.
Contact Us Today for a Free, Confidential Consultation
If you believe you may have suffered losses due to Lynn Witherspoon Bryant’s actions as a financial advisor at LPL Financial LLC in Hurst, Texas, call Haselkorn & Thibaut at 1-888-994-8066 for immediate help.
- All consultations are free and confidential.
- No recovery, no fee representation—if you do not recover your losses, you owe us nothing.
You do not have to face these uncertainties alone. Let Haselkorn &
