DID PAUL THOMAS PAVELSKI CAUSE YOU INVESTMENT LOSSES?
Paul Pavelski Of Morgan Stanley Has 4 Customer Complaints For Alleged Broker Misconduct
About Paul Pavelski of Morgan Stanley?
Paul Pavelski (CRD #1843721) currently serves as a financial advisor and registered broker with Morgan Stanley in Barrington, Illinois, a position he has held since February 2024. Pavelski is highly credentialed, having passed 3 Principal/Supervisory Exams, 6 General Industry/Product Exams, and 2 Multi-State Securities Law Exams. His extensive registration covers 46 U.S. states and territories and includes multiple roles with Self-Regulatory Organizations (SROs), such as FINRA and the New York Stock Exchange. His career spans several firms, including Landolt Securities, Inc., and Oberweis Securities, Inc., reflecting a diverse and significant experience in the securities industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Paul Pavelski Customer Complaints and ReviewsCustomer Disputes (4):
One dispute settled for $75,000 concerning 12(b)-1 fees, initially filed in 2008 against Landolt Securities, where Pavelski was accused of improperly receiving fees after a dealer of record change.
Another settled dispute from 2002 involved allegations of selling unsuitable investments, specifically low-grade bond mutual funds, which was resolved with a payment of $5,325.
A complaint in 2022 alleging more risk than agreed upon in an investment was denied.
A pending case from June 2024 involves allegations of misrepresentation and unsuitable investment recommendations related to the purchase of GWG L Bonds, with potential damages estimated at $100,000.
Allegations Against Paul Pavelski
- Settled Disputes:
- In 2009, Pavelski and Landolt Securities settled a dispute for $75,000 after being accused of unauthorized retention of 12(b)-1 fees following a change in dealer of record.
- In 2003, a complaint regarding the sale of an unsuitable mutual fund investment was settled for $5,325.
- Denied Dispute:
- A 2022 dispute involving dissatisfaction with the risk level of a corporate debt investment was denied.
- Pending Dispute:
- A 2024 complaint is still under review, where the customer alleges misrepresentations and unsuitable recommendations for investments in GWG L Bonds, with claimed damages of $100,000.
Paul Pavelski Red Flags & Your Rights As An Investor
Of course, Paul Pavelski 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 Pavelski at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Paul Pavelski has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Morgan Stanley 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 Morgan Stanley Due To Paul Pavelski
If you have questions about Morgan Stanley and/or Paul Pavelski 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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