DID PAUL DARIUS RAEHPOUR CAUSE YOU INVESTMENT LOSSES?
Paul Raehpour Of Merrill Lynch, Pierce, Fenner & Smith Incorporated Has 3 Customer Complaints For Alleged Broker Misconduct
About Paul Raehpour of Merrill Lynch, Pierce, Fenner & Smith Incorporated?
Paul Raehpour (CRD #4508598) is currently registered as a broker and investment advisor with Merrill Lynch, Pierce, Fenner & Smith Incorporated in McKinney, Texas, where he has been employed since December 2014. Throughout his career, Raehpour has worked with multiple firms, including UBS Financial Services Inc. and Morgan Stanley & Co. Incorporated. He is licensed in 30 U.S. states and territories and has passed three General Industry/Product Exams and one Multi-State Securities Law Exam. Raehpour has a long-standing presence in the financial industry, with extensive experience in securities and investment advisory services.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Paul Raehpour Customer Complaints and Reviews
Paul Raehpour has four disclosure events in his record:
- Settled Customer Dispute (December 2008): A client claimed unauthorized bond purchases in September 2006, resulting in alleged damages of $9,000. The dispute was settled for $6,392.40.
- Settled Customer Dispute (May 2008): Clients asserted that auction rate securities purchased for them were unsuitable and unauthorized. The matter was settled for $200,000, with the firm repurchasing the securities at full par value.
- Pending Customer Dispute (June 2024): A client alleges unauthorized trading in exchange-traded funds (ETFs). The dispute is currently pending, with damages claimed to be $5,000 or more.
Allegations Against Paul Raehpour
- Unauthorized Trading Allegations:
- December 2008: The client alleged that Raehpour made unauthorized bond purchases, leading to a settlement of $6,392.40.
- June 2024: A client claimed that Raehpour engaged in unauthorized trading of ETFs, with the case currently pending.
- Suitability and Authorization Issues:
- May 2008: Clients alleged that auction rate securities were unsuitable and purchased without their authorization, resulting in a $200,000 settlement.
Paul Raehpour Red Flags & Your Rights As An Investor
Of course, Paul Raehpour 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 Raehpour at Merrill Lynch, Pierce, Fenner & Smith Incorporated on alert to review carefully the activity and performance of their accounts and question whether Paul Raehpour has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Merrill Lynch, Pierce, Fenner & Smith Incorporated 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 Merrill Lynch, Pierce, Fenner & Smith Incorporated Due To Paul Raehpour
If you have questions about Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Paul Raehpour 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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