DID PAUL MICHAEL WEINBERGER CAUSE YOU INVESTMENT LOSSES?
Paul Weinberger Of Cetera Financial Specialists LLC Has 6 Customer Complaints For Alleged Broker Misconduct
About Paul Weinberger of Cetera Financial Specialists LLC?
Paul Weinberger (CRD #2757427) has an extensive background in financial services. Currently, he is registered with Cetera Investment Advisers LLC and Cetera Financial Specialists LLC in Clearwater, FL, where he has been since February 2021. His career includes prior registrations with National Asset Management, Inc., National Securities Corporation, Asset & Financial Planning, Ltd., and other firms, showcasing a diverse professional history that spans over two decades. Weinberger is registered with one self-regulatory organization (SRO) and licensed in 26 U.S. states and territories. He has passed two general industry/product exams and two state securities law exams, demonstrating his comprehensive knowledge and compliance with industry standards.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Paul Weinberger Customer Complaints and Reviews
Paul Weinberger’s report indicates a number of customer disputes:
- Customer Disputes (6):
- Settled Dispute: Involving allegations of misrepresentation and unsuitable investment recommendations concerning variable annuities and other financial products. Specific disputes were settled with amounts ranging from $4,000 to $31,170, reflecting resolutions that often involved financial restitution to clients.
- Total Settlements: His settlements have contributed significantly to the clients’ financial recoveries, with Weinberger personally contributing to the settlement amounts in some instances.
Allegations Against Paul Weinberger
- Misrepresentation and Unsuitability: Weinberger faced multiple allegations related to the misrepresentation of investment products’ features, specifically variable annuities, and unsuitability of the investments based on the clients’ profiles.
- Tax Consequences: One dispute involved a Roth conversion that reportedly led to unforeseen tax consequences for the client, highlighting the complexity and risks involved in financial planning and the need for clear communication and understanding of all implications of financial decisions.
Paul Weinberger Red Flags & Your Rights As An Investor
Of course, Paul Weinberger 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 Weinberger at Cetera Financial Specialists LLC on alert to review carefully the activity and performance of their accounts and question whether Paul Weinberger has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Financial Specialists 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 Cetera Financial Specialists LLC Due To Paul Weinberger
If you have questions about Cetera Financial Specialists LLC and/or Paul Weinberger 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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