Paul Raehpour Involved In Merrill Lynch Investor’s Dispute

Investors might have sustained losses due to financial advisor / securities broker Paul Raehpour [CRD: 4508598, McKinney, Texas], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Paul Raehpour has worked for Merrill Lynch Pierce Fenner Smith Incorporated at their McKinney, Texas location since December 12, 2014. Keep reading to learn more about the disclosures involving Paul Raehpour and how these may have impacted investors.

Merrill Lynch Investor Accused Raehpour Of Unauthorized Trading

Particularly, on June 5, 2024, a Merrill Lynch Pierce Fenner Smith Incorporated client filed a complaint about Paul Raehpour. Evidently, the client alleged unauthorized trading. Because of this, the investor supposedly sustained damages on exchange traded funds. However, the firm denied this complaint.

Paul Raehpour Disclosed Unauthorized Trading Allegations By Morgan Stanley Co. Incorporated Client

Specifically, a client of Morgan Stanley Co. Incorporated contested Paul Raehpour’s sales practices, according to a complaint. Notably, the investor alleged unauthorized trading. Allegedly, Raehpour caused the client to sustain damages on corporate bonds. Therefore, Morgan Stanley Co. Incorporated opted to settle the matter on December 18, 2008, by compensating the client in the amount of $6,392.40.

Morgan Stanley Terminated Raehpour’s Registration Amid Allegations

Also, on October 3, 2008, Morgan Stanley Co. Incorporated disaffiliated with Raehpour. Evidently, Morgan Stanley Co. Incorporated alleged that Raehpour admitted to making improper investment recommendations to his clients.

Paul Raehpour Disclosed Unsuitable Recommendations Allegations By Morgan Stanley Co. Incorporated Client

Additionally, a client of Morgan Stanley Co. Incorporated contested Paul Raehpour’s sales practices, according to a complaint. Notably, the investor alleged unsuitable and unauthorized trading. Allegedly,  Raehpour caused the client to sustain damages on auction rate securities. Therefore, Morgan Stanley Co. Incorporated opted to settle the matter on May 6, 2008, by compensating the client in the amount of $200,000.

Experience Financial Harm Due To Securities Broker Raehpour?

Did you suffer financially because of Paul Raehpour? If so, contact Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Raehpour and brokerage firms Raehpour worked for deny accusations of sales practice violations.