Paul William Murans Allegedly Executed Unsuitable Investments & Unauthorized Trades, Made an Unauthorized Credit Line Agreement, & Lost Market Opportunity
Paul Murans allegedly executed unsuitable investments and unauthorized trades, made an unauthorized credit line agreement, and allegedly took part in uninvested funds and lost market opportunity, according to a pending Customer Dispute filed on Murans’ FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.
Said Dispute was filed on May 16, 2018, and is requesting $183,000 in damages, FINRA notes.
Alan Rosca, of theRosca Scarlato LLC law firm, is investigating activity related to Paul Murans’ alleged unsuitable investments and unauthorized trades. Investors who believe they may have lost money in activity related to Paul Murans’ alleged unsuitable investments and unauthorized trades are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Paul Murans also settled a customer dispute filed on November 7, 2018 for $250,000 which covered the time period from December 2, 2013 to October 20, 2017. The client alleges that the life settlement contract was purportedly misrepresented and unsuitable, took part in unauthorized trading of structured products, and she also alleges that she had no idea she was borrowing from her loan account, FINRA reports.
Paul Murans Has Been Registered with Thurston Springer Financial in Indianapolis, Indiana Since 2017 & Has Worked for 4 Other Firms in His 19 Years in the Industry
Paul Murans has been registered with Thurston Springer Financial in Indianapolis, Indiana since October 23, 2017, and has worked for 4 other firms during his 19 years in the securities industry, FINRA notes.
Paul Murans has also worked for UBS Financial Services Inc. in Indianapolis, Indiana from March 11, 2011 until November 6, 2017 and also was registered with Merrill Lynch, Pierce, Fenner & Smith Inc. in Indianapolis, Indiana from April 11, 2003 until March 28, 2011, FINRA states.
Paul Murans has 6 disclosures on his FINRA BrokerCheck Report including 3 settled customer disputes, FINRA states.
Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.
Securities Lawyer Investigating
The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Paul Murans’ alleged unsuitable investments and unauthorized trades. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.
Investors who believe they lost money as a result of Paul Murans’ alleged unsuitable investments and unauthorized trades may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.