Paul Weinberger The Focus Of Cetera Financial Investor’s Unsuitable Recommendations Claim

Investors possibly experienced sales practice violations by securities broker Paul Michael Weinberger [CRD: 2757427, Clearwater, Florida], based on publicly available information on FINRA BrokerCheck. Evidently, Weinberger has worked for Cetera Financial Specialists LLC since February 5, 2021, and for Cetera Investment Advisers LLC since February 26, 2021. Previously, he was registered with National Asset Management Inc. and National Securities Corporation in Tampa, Florida. Continue reading for details about the disclosures concerning Weinberger.

Cetera Financial Specialists LLC Investor Accused Weinberger Of Unsuitable Advice

Additionally, a client filed a complaint about Paul Weinberger. Primarily, the client alleged that Weinberger made unsuitable recommendations by advising a Roth conversion that created unexpected tax consequences. For this reason, the client allegedly incurred damages connected to variable annuities. As a result, on April 22, 2024, Cetera Financial Specialists LLC settled this matter by paying the client $31,170 in damages.

Weinberger Disclosed Misrepresentation Allegations By Prime Capital Services Inc. Client

Evidently, a client of Prime Capital Services Inc. contested Paul Weinberger’s sales practices, according to a complaint. Allegedly, Weinberger made misrepresentations of material fact relating to a variable annuity rider purchased in January 2000. It appears that Weinberger caused the client to sustain damages. Consequently, Prime Capital Services Inc. opted to settle the matter on October 7, 2010, by compensating the client in the amount of $12,520.27.

Prime Capital Services Inc. Investor Accused Weinberger Of Unsuitable Recommendations

Specifically, a client filed a complaint about Paul Weinberger. Mainly, the client alleged that Weinberger made unsuitable recommendations concerning variable annuities purchased in February 2000. Because of this, the client allegedly sustained damages. Therefore, on May 14, 2010, Prime Capital Services Inc. settled this matter by paying the client $4,000 in damages.

Were You Impacted By Financial Advisor / Securities Broker Paul Weinberger?

Did you suffer any investment-related losses because of Paul Weinberger? You should contact Soreide Law Group at (888) 760-6552 or online and consult with a securities lawyer about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee arrangement and advances all costs. Weinberger and brokerage firms Weinberger worked for deny accusations of sales practice violations.