Paul W. Murphy Investigation
May 2022-Ocala, FL
The FINRA records of Paul W. Murphy , a stock broker who is currently employed by Calton & Assoc. & Swan Financial Services, disclose 2 pending customer disputes and 4 prior customer disputes.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Two customers of Calton & Assoc. have filed FINRA arbitrations which seek total damages of nearly $600,000 and allege that Murphy made unsuitable recommendations and breached his fiduciary duty in connection with the purchase of real estate securities.
Four of the prior customer disputes were settled with payments of monetary compensation totaling about $100,000.
Murphy has been with Calton & Assoc. since 2/2015. Prior to that he was with Newport Coast Securities from 3/2008-2/2015. Newport Coast Securities was expelled from the securities industry by FINRA in 6/2018.
Paul W. Murphy discloses a business affiliation with Swan Financial Services in Ocala, FL.
Investors who suffered losses in an account handled by Paul W. Murphy , may be entitled to recover damages through FINRA arbitration. Call for a no charge consultation with an experienced securities attorney.
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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