DID PAUL EUGENE SOUTHARD CAUSE YOU INVESTMENT LOSSES?
Complaints For Alleged Broker Misconduct
About Paul Southard of Equitable Advisors, LLC?
Paul Southard (CRD #1291554) has been registered with Equitable Advisors, LLC as a registered broker in 1984 and an investment advisor in 2002 in East Islip, New York, as an investment advisor and a registered broker since September 18, 1984. Over his extensive career, Southard has also been associated with various other financial firms, including The Equitable Life Assurance Society of the United States, MONY Securities Corp., and The Mutual Life Insurance Company of New York. He is registered in 12 U.S. states and territories and has passed three general industry/product exams along with two multi-state securities law exams.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Paul Southard Customer Complaints and Reviews
Paul Southard’s disclosure events include:
- Customer Disputes (2 reported):
- One dispute was closed with no action taken. In March 2004, a customer alleged that Southard circumvented New York Insurance Department Regulation 60 during the rollover of pension plan funds to a Nationwide variable annuity. The firm found no basis for the complaint.
- A pending dispute from May 2024 involves allegations of misrepresentation related to the sale of a variable annuity. The exact damages are unspecified but estimated to be over $5,000.
Allegations Against Paul Southard
- Allegations from Closed Dispute:
- Regulation Circumvention and Deception: Allegations that Southard engaged in deceptive practices by circumventing regulation during a pension plan rollover, which the firm investigated and found unsubstantiated.
- Allegations from Pending Dispute:
- Misrepresentation: Current allegations involve a misrepresentation of a variable annuity sold in 2021, with the dispute still under review.
Paul Southard Red Flags & Your Rights As An Investor
Of course, Paul Southard 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 Southard at Equitable Advisors, LLC on alert to review carefully the activity and performance of their accounts and question whether Paul Southard has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Equitable Advisors, LLC also raises questions about the brokerage firm’s 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 Equitable Advisors, LLC Due To Paul Southard
If you have questions about Equitable Advisors, LLC and/or Paul Southard 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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