The law firm of Oakes & Fosher is presently investigating the possible misconduct of former securities broker Paul Soll. According to his publicly available FINRA BrokerCheck report, Paul Soll has been the subject of a customer dispute and a FINRA sanction.

Paul Soll was a California based securities broker. He worked in the securities industry for forty-one years. During his career, he was registered with six different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

  • Newburger, Loeb & Co. (1970-1971)
  • Oppenheimer & Co. (1977-1983, 1984-1986)
  • Cantor Fitzgerald & Co. (1983-1984)
  • SRM Securities Incorporated (1986-2012)
  • Financial West Group (2012-2017)
  • Western International Securities (2017-2018)

The Allegations

  • A customer alleged that Paul Soll breached contract, breached his fiduciary duty, and misrepresented material details concerning the sale of US Treasury Bonds on a leveraged basis. This case was settled for $660,574.
  • In July 2018, Paul Soll was sanctioned by FINRA. The findings state that while he was being investigated for potential trading abuses in an elderly customer’s account, he refused to appear for on-the-record testimony. Due to these allegations, he was barred by FINRA from acting as a securities broker in any fashion.

Oakes & Fosher Can Help

Many investors are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who have lost money in this fashion may actually be entitled to damages.

Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Paul Soll, please contact Oakes & Fosher for a free and private consultation. We handle cases on a contingency basis, which means there are no fees charged unless we collect for you.