Paul Pavelski At Center Of Landolt Securities Investors’ Unsuitable Advice Allegations

Investors have reportedly disputed the sales practices of securities broker Paul Thomas Pavelski [CRD: 1843721, Barrington, Illinois], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Pavelski worked for Landolt Securities Inc. from September 30, 2005, to March 14, 2024, and joined Morgan Stanley in February 2024. See the following summary for details about Pavelski’s disclosures.

Landolt Securities Inc. Investor Accused Pavelski Of Misrepresentation

Particularly, a client filed a complaint about Paul Pavelski. Mainly, the client alleged that Pavelski made misrepresentations of material fact, omitted material information, made unsuitable investment recommendations, failed to perform due diligence, violated firm policies, and violated securities industry rules concerning a July 2020 purchase of GWG L-Bonds. For this reason, the client allegedly incurred damages. Consequently, on August 9, 2024, Landolt Securities Inc. settled this matter by paying the client $18,500 in damages.

Paul Pavelski Disclosed Unsuitable Advice Allegations By Landolt Securities Inc. Client

Specifically, a client of Landolt Securities Inc. disputed Paul Pavelski’s sales practices, according to a complaint dated May 18, 2022. Allegedly, Pavelski made unsuitable recommendations and exposed the client to more risk than agreed upon. It appears that Pavelski allegedly caused the client to sustain damages relating to corporate bonds. Therefore, the client sought compensation from Landolt Securities Inc. or Pavelski in the amount of $50,000 in this matter. However, the firm denied this complaint.

Oberweis Securities Inc. Investor Accused Pavelski Of Making Unsuitable Recommendations

Additionally, an Oberweis Securities Inc. client filed FINRA Arbitration No. 02-02644 about Paul Pavelski. Primarily, the client alleged that Pavelski made unsuitable recommendations. Because of this, the client allegedly sustained damages connected to mutual funds that invested in low-grade bonds. As a result, on February 5, 2003, Oberweis Securities Inc. settled this matter by paying the client $5,325 in damages.

Did You Sustain Losses Due To Financial Advisor / Securities Broker Paul Pavelski?

Do you have concerns or questions regarding investments you made with Paul Pavelski? Contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Pavelski and brokerage firms Pavelski worked for deny allegations of sales practice violations.