WARNING! Paul Smyth from Fairfield, Connecticut
Have you lost money with financial advisor Paul Smyth of Fairfield, Connecticut? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Paul E. Smyth. FINRA barred Smyth from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Smyth regarding allegations that he misappropriated or stole customer premiums for life insurance policies, and that he forged signatures on policies.
Paul Smyth was a financial advisor and registered representative of MML Investors Services from November 2010 to October 2015. He worked at a branch office in Fairfield, Connecticut. Smyth also was affiliated with Mass Mutual Life Insurance Company. Smyth has also been the subject of at least one customer complaint, and a 2015 tax lien of over $82,000.
Brokerage firms like MML Investor Services have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Portland, Seattle, Ann Arbor, and Chicago. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Connecticut in the past. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including MML Investors Services.
Click to view: Smyth, Paul FINRA AWC
Click to view: Smyth, Paul BrokerCheck 10.3.16
HAVE YOU LOST MONEY WITH PAUL SMYTH OR MML INVESTORS SERVICES?
CONTACT ISRAELS & NEUMAN, PLC FOR A FREE CASE EVALUATION
Denver Office: (720) 599-3505
Seattle Office: (206) 795-5798
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.