DID PAUL MICHAEL FURLONG CAUSE YOU INVESTMENT LOSSES?
Paul Furlong Of Janney Montgomery Scott LLC Has 4 Customer Complaints For Alleged Broker Misconduct
About Paul Furlong of Janney Montgomery Scott LLC?
Paul Furlong (CRD #2177795) boasts extensive experience in the securities industry. Currently employed with Janney Montgomery Scott LLC since June 2018, he operates out of their Yardley, Pennsylvania and Naples, Florida locations. Over his career, Furlong has been affiliated with multiple firms, including notable tenures at Stifel, Nicolaus & Company, and Ryan Beck & Co., evidencing his broad industry involvement. He holds registrations with three Self-Regulatory Organizations and is licensed across 27 U.S. states and territories. Furlong has successfully completed 2 General Industry/Product Exams and 2 Multi-State Securities Law Exams. His prior registrations include affiliations with firms like Raymond James & Associates and Legg Mason Wood Walker.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Paul Furlong Customer Complaints and Reviews
- Total Disclosures: 5 incidents reported
- Customer Dispute (4 incidents):
- A 2000 dispute involved allegations of misrepresentation related to CD sales, settled with $11,540, although Furlong contributed $0. This was at Raymond James & Associates.
- A 2024 complaint was denied, where a client alleged unauthorized trades in ETFs; however, Furlong demonstrated the client had authorized discretionary trading.
- In 2005, a complaint about unauthorized trading in OTC equities was denied by the firm, Janney Montgomery Scott LLC, claiming losses of $54,000.
- Termination (1 incident):
- Discharged in 2000 from Raymond James & Associates following allegations that Furlong signed a client’s name on an annuity application without proper authorization.
Allegations Against Paul Furlong
- Regulatory Actions, Customer Complaints, Terminations, Financial Disclosures:
- Misrepresentation: In 2000, Furlong faced allegations of misrepresentation concerning CDs, which was settled for $11,540.
- Unauthorized Trading:
- In 2024, Furlong was accused of making unauthorized trades in a client’s account concerning ETFs, which was denied, as trades were pre-authorized.
- Another accusation in 2005 involved unauthorized trading in OTC equities with alleged losses of $54,000, which was also denied.
Paul Furlong Red Flags & Your Rights As An Investor
Of course, Paul Furlong did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Paul Furlong at Janney Montgomery Scott LLC on alert to review carefully the activity and performance of their accounts and question whether Paul Furlong has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Janney Montgomery Scott LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Janney Montgomery Scott LLC Due To Paul Furlong
If you have questions about Janney Montgomery Scott LLC and/or Paul Furlong and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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