Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on December 21, 2016 indicate that former Vermont-based LPL Financial broker Paul Dorion, also known as Pablo Dorion, has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Dorion (CRD# 1103701).
Paul Dorion has spent 32 years in the securities industry and was most recently registered with LPL Financial in Killington, Vermont (1992-2015). He was previously registered with Nathan & Lewis Securities in New York, New York and American Capital Financial Services. He is currently not registered with any state or firm.
According to his BrokerCheck report, Paul Dorion has received one customer complaint, one pending customer complaint, and one FINRA sanction.
In October 2016 a customer alleged Paul Dorion, while employed at LPL Financial Services, executed excessive trades. The customer is seeking unspecified damages in the pending complaint.
In July 2016 FINRA sanctioned Paul Dorion following allegations he failed to respond to a request for information. He was permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public.
In May 2016 a customer alleged Paul Dorion, while employed at LPL Financial Services, churned the account, failed to supervise, and executed aggressive trades that resulted in losses. The complaint settled in August 2016 for $74,475.
In October 2015 Paul Dorion was terminated from his position at LPL Financial in connection to the following allegations listed on his disclosure form: “Unauthorized trading. Violation of Firm’s document signature policy. Concerns regarding concentrated equity positions in client accounts. Failure to respond to inquiries from the Firm’s compliance department.”
If you or someone you know has complaints regarding Paul Dorion, also known as Pablo Dorion, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.