The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Pavel Shklyar. According to his publicly available FINRA BrokerCheck report, Pavel Shklyar has been the subject of a FINRA sanction.

Pavel Shklyar operated most recently as a New Jersey based securities broker. He worked in the securities industry for thirteen non-consecutive years. During his career, he was registered with eight different securities firms. He is no longer working as a registered securities broker in any fashion.

His Registrations

  • Josephthal & Co. (1996-1998)
  • Bernard L. Madoff (1998-1999)
  • Credit Suisse First Boston Corporation (1999-2000)
  • Salomon Smith Barney (2000-2001)
  • ICAP/Investment Services and Trading (2002)
  • RBC Professional Trader Group (2006-2008)
  • Merrill Lynch (2012-2015)
  • J.P. Morgan Securities (2015-2018)

The Allegations

Pavel Shklyar was officially sanctioned by FINRA in February 2018. The findings in this matter state that he failed to comply with a FINRA investigation into his alleged participation in private securities transactions. Due to the allegations against him, he was terminated from JP Morgan Chase Bank and barred from acting as a registered 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 Pavel Shklyar, please contact Oakes & Fosher for a free and private consultation.