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Ryan Muneo Kimura, formerly of Sun Life Financial Distributors, Inc. in Honolulu, Hawaii, barred from FINRA for violations of securities laws.

Thursday, August 20th, 2009

According to a recent FINRA announcement, Ryan Muneo Kimura, formerly of Sun Life Financial Distributors, Inc.  in Honolulu , Hawaii , has been barred from associating with any FINRA member firm.  Without admitting or denying the findings, Kimura consented to the findings that he misappropriated $1.29 million from relatives’ accounts that he managed.  The findings further stated that Kimura intercepted checkbooks linked to the accounts, forged checks to himself and his creditors, and concealed his activity by fabricating account statements and diverting the actual account statements to a mailbox he maintained.

It is uncommon for a financial advisor to isappropriate funds from a client but such claims for theft or conversion to occur. 

 

Kimura was previously employed by Morgan Stanley.  It is unclear from FINRA’s announcement at which firm the misappropriating of funds took place (Morgan Stanley or Sun Life Financial Distributors), but according to Kumera’s FINRA Broker Report, Kumera was named in a customer complaint that related to securities fraud that appears related.

If you have questions about investments you made with Ryan Muneo Kimura,, Sun Life or Morgan Stanley, or if you believe that you have been the victim of a securities fraud, the Law Offices of David A. Carter, P.A. may be able to help.  The Law Offices of David A. Carter, P.A. is a South Florida securities fraud, securities arbitration, investor protection, and Chapter 7 bankruptcy law firm based in Boca Raton.  David Carter is a securities attorney that reviews securities fraud cases throughout the country and Florida, including securities cases in Delray Beach, Boynton Beach, Stuart, Fort Myers, Naples, Deerfield Beach, Fort Lauderdale, and Fort Pierce.  To contact the Law Offices of David A. Carter, P.A., please call 561-750-6999, or email us at contact@carterpa.com.  For more information about the Law Offices of David A. Carter, P.A., you can also visit our website at www.carterpa.com.

Tags: broker fraud, FINRA, Hawaii, Honolulu, investment losses, investor protection, Morgan Stanley, NASD, Ryan Muneo Kimura, SEC, securities arbitration, Securities Attorney, Securities Fraud, Securities Lawyer, Sun Life