Can I Recover Losses from Raymond James Financial Services, Inc. Broker Paul Stetter Jr.?
Posted on Tuesday, December 8th, 2020 at 7:56 pm
Erez Law is interested in speaking with investors who may have suffered losses due to investments with Raymond James Financial Services, Inc. broker Paul Stetter Jr. (CRD# 4513517). Stetter has been registered with Raymond James Financial Services, Inc. in Ephrata, Pennsylvania since 2008.
Stetter has been the subject of two customer complaints between 2019 and 2020, according to his CRD report:
July 2020. “Client alleges advisor mismanaged accounts by providing unsuitable investment advice and misrepresenting investments.” The customer is seeking $170,000 in damages and the case is currently pending. The complaint was regarding promissory notes.
November 2019. “Client alleges unsuitable investments.” The case was settled for $62,047. The complaint was regarding private securities.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Raymond James Financial Services, Inc. may be liable for investment or other losses suffered by Stetter’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.