Public records provided by the Financial Industry Regulatory Authority (FINRA) on February 29th, 2016 indicate that former New York-based Joseph Stone Capital broker Christopher Paul is the subject of several settled or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Christopher Paul (CRD# 3226861).
Christopher Paul has spent 14 years in the securities industry and was most recently registered with Joseph Stone Capital in Mineola, New York (2014-2015). Previous registrations include Aegis Capital in New York, New York (2012-2014); Rockwell Securities in New York, New York (2008-2012); Arjent Services in New York, New York (2006-2008); VC Arjent, which has since been expelled by FINRA, in New York, New York (2006); Granite Associates in Melville, New York (2005-2006); Whitaker Securities in Melville, New York (2006); and SW Bach & Company in Port Washington, New York (2001-2005). He is currently not registered with any state or firm.
According to his BrokerCheck report, Christopher Paul is the subject of two customer complaints and two pending customer complaints.
In September 2015 a customer alleged Christopher Paul, while employed at Aegis Capital and Joseph Stone Capital, engaged in churning and recommended an unsuitable investment strategy. The customer is seeking $300,000 in damages in the pending complaint.
In 2014 a customer alleged Christopher Paul, while employed at Rockwell Securities, made unsuitable investment recommendations, breached his fiduciary duty, acted professionally negligent, committed fraud, excessively used margin, and charged excessive commissions in connection to an investment in exchange traded funds and other securities. The customer is seeking $40,000 in damages in the pending complaint.
In 2013 a customer alleged Christopher Paul, while employed at Rockwell Securities, committed fraud, breached contract, breached his fiduciary duty, made unsuitable recommendations, and churned the account. The complaint settled for $30,000.
In 2008 a customer alleged Christopher Paul, while employed at Arjent Services, engaged in churning. The complaint settled for $20,000, to which Mr. Paul individually contributed $20,000.
If you or someone you know has a complaint regarding Christopher Paul, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup losses. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free