LYLE H UYEDA Terminated After PLANMEMBER SECURITIES CORPORATION Allegations – Goodman & Nekvasil, P.A., May Recover Investor Losses
LYLE H UYEDA Terminated After PLANMEMBER SECURITIES CORPORATION Allegations
9/9/25 Update: FINRA Bar
Without admitting or denying the findings, Uyeda consented to the sanction and to the entry of findings that he refused to appear for on-the-record testimony requested by FINRA connection with an investigation into the circumstances surrounding a Form U5 filed by his member firm stating that it had discharged him for engaging in a series of personal loans totaling approximately $1.45 million from a client.
Uyeda consents to the imposition of the following sanctions: A bar from associating with any FINRA member in all capacities.
Lyle H. Uyeda (CRD#: 2637150) is a former broker with PlanMember Securities Corporation in Mililani, HI. He was terminated after the firm alleged he took a series of personal loans totaling about $1.45 million from a client. The firm also stated Uyeda did not notify or obtain approval before entering into these loans.
Uyeda Investigated After His Employer Terminates Him for Borrowing Money
Borrowing money from clients violates FINRA Rule 3240 (Borrowing From or Lending to Customers). This rule bans brokers from borrowing money from clients unless the client is an immediate family member or the firm approves the arrangement under specific conditions. Uyeda’s actions led to a FINRA investigation. On September 9, 2025, FINRA barred Uyeda after he refused to appear for on-the-record testimony. He is now permanently barred from associating with any FINRA member firm. Investors who suffered financial losses with Uyeda may be able to recover money through FINRA arbitration.
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your broker.
LYLE HISAJI UYEDA (CRD#: 2637150), a former broker for PLANMEMBER SECURITIES CORPORATION in Mililani, HI, was terminated. According to PLANMEMBER SECURITIES CORPORATION, employer allegations are: Representative engaged in a series of personal loans totaling approximately $1.45 million from a client. The Firm was not consulted or notified prior to Mr. Uyeda entering into these arrangements. The Firm first became aware of these transactions when Mr. Uyeda informed his supervisor on April 12, 2025.
LYLE H UYEDA Terminated After PLANMEMBER SECURITIES CORPORATION Allegations.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $500 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 7/11/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.