Lee Vaughan Terminated by Raymond James Financial Services

Lee Vaughan (CRD #: 3162268) has been fired by Raymond James Financial Services. He is currently registered with LPL Financial. This is according to his BrokerCheck record, accessed on July 15, 2024. Details concerning his termination are provided below. 

Employment Separation After Allegations 

On May 3, 2024, Raymond James Financial Services fired Lee Vaughan following allegations that he engaged in conduct inconsistent with firm policies relating to cryptocurrency-related securities, outside business activities, and private securities transactions. 

Outside Businesses 

Lee Vaughan has the following outside businesses listed on his detailed BrokerCheck record. 

• Notary 
• Lazy Acres 
• Real Estate Rental 
• Rental Property – Lazy Acres Sewanee House 
• Cova Wealth Management 
• CVWM LLC 

Private Securities Transactions 

FINRA Rule 3280 requires brokers to provide written notice to their firm before engaging in private securities transactions.

Background Information 

Lee Vaughan has passed the following exams:

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 10 General Securities Sales Supervisor – General Module Examination 
• Series 9 General Securities Sales Supervisor – Options Module Examination 

He is a registered broker in 19 states and is a registered investment adviser in Tennessee and Texas. 

During his 25 years of experience, Lee Vaughan has registered with six firms: 

• LPL Financial (CRD #: 6413) 
• Raymond James Financial Services Advisors (CRD #: 149018) 
• Raymond James Financial Services (CRD #: 6694) 
• Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 
• Wachovia Securities (CRD #: 19616) 
• Prudential Securities (CRD #: 7471) 

Kurta Law Can Help 

If you have worked with Lee Vaughan and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.