Category Archives: Paul V. Blum (RBC Capital)

Paul V. Blum Investigation-RBC Capital Markets-West Palm Beach, FL

We are investigating former RBC Capital Markets broker Paul V. Blum of West Palm Beach, Florida. According to his official FINRA record, Blum was employed by RBC Capital Markets from 10/2009-11/2015.

Blum has five pending customer complaints in which the customers make various allegations of wrongdoing, including the following:

  • Accounts were handled on a discretionary basis and the risk to their portfolio was disregarded. Damages alleged, $375,000.
  • Advisor recommended unsuitable and over-concentrated investments in the energy sector. Damages alleged, $886,070.
  • Advisor purchased high yield bonds without prior consultation. Damages alleged, $133,000.
  • Advisor was negligent in recommending the purchase of bonds that have since defaulted. Alleged damages, $450,000.

Total settlement of the prior seven customer disputes that have been resolved is about $1 million.

If you have information you believe would be helpful, please contact us. If you have losses in an account handled by Paul Blum, call to discuss how you may be able to recover damages from his former employer.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

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Rex Securities Law

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