Skip Dufresne – Sidney Joseph Dufresne Jr., Resigned from Signator Investors, Inc. and Suspended from Securities Industry – Goodman & Nekvasil P.A., May Recover Investor Losses
Skip Dufresne was licensed with Signator Investors, Inc. from 1995 to 2017. Skip Dufresne was suspended from the securities and investment banking industry on November 5, 2018. FINRA reports that Skip Dufresne consented to the sanctions and to the entry of findings that Skip Dufresne sold more than $1.6 million in unapproved fixed indexed annuities to five purchasers, two of whom were Skip Dufresne’s member firm’s customers, and earned more than $114,000 in commissions for these insurance transactions. The findings stated that Skip Dufresne sought and received the firm’s approval to engage in insurance brokerage as an outside business activity. However, according to FINRA, the firm prohibited the sale of fixed indexed annuities as an outside business activity unless they were sold through and approved by the firm. According to FINRA, Skip Dufresne applied with a third party insurance company to become an independent agent, and he began selling two different fixed indexed annuities that had not been approved by the firm.
If you lost any money on investments with Skip Dufresne, you may be able to recover your losses from Signator Investors, Inc. This is because Signator Investors, Inc. had a duty to supervise Skip Dufresne.
If you lost money on investments with Skip Dufresne and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Signator Investors, Inc. concerning Skip Dufresne’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Skip Dufresne and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.