PAUL STEVENS CARLSON

PAUL STEVENS CARLSON is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 130 SW 2ND AVE., SUITE 102, CANBY, OR, 97013.

PAUL STEVENS CARLSON has worked at LPL FINANCIAL LLC since June 19, 2015

Disclosure History

PAUL STEVENS CARLSON has 1 Disclosure Event(s).

Date: June 15, 2004
Category: Customer Dispute
Allegations: CLIENT ALLEGES HE INVESTED $130,638.78 IN MARCH 2004 IN MUNICIPAL BONDS AND PRIOR TO THIS CLIENT HAD HIS FUNDS INVESTED IN CDS. CLIENT CLAIMS THE IR CONVINCED HIM TO INVEST IN THE BONDS BECAUSE THE BONDS WERE SAFE AND "NO ONE HAD EVER LOST ON THEM." CLIENT STATES THAT HE SOLD THE BONDS APPROXIMATELY TWO MONTHS LATER AND SUFFERED A LOSS OF $12,862.02. CLIENT NOW CLAIMS HE DID NOT FULLY APPRECIATE THE LENGTH OF TIME THE BONDS WERE TO BE HELD OR COSTS ASSOCIATED WITH HIS INVESTMENT.
Damage Amount Requested: $12,862.02
Broker Comment: IR STATED THAT HE RECOMMENDED MUNICIPAL BONDS BASED ON THE INVESTMENT OBJECTIVES AS STATED BY THE CLIENT. IR STATED THAT HE BELIEVES THE INVESTMENTS WERE FULLY EXPLAINED, INCLUDING PRICE FLUCTUATION VERSUS INTEREST PAYMENTS RECEIVED. IR STATED THAT HE FELT THAT THE CLIENT UNDERSTOOD THE INVESTMENTS AND THAT IR WAS COMFORTABLE EXECUTING THE TRANSACTIONS BASED ON CLIENT'S UNDERSTANDING AND AUTHORIZATION OF THE INVESTMENT. THE LOSSES NOTED BY THE CLIENT APPEAR TO BE, IN PART, COMMISSIONS ASSOCATED WITH THE PURCHASES ALONG WITH INTEREST RATE FLUCTUATION, AND THESE EFFECTS ON THE BONDS' VALUE ARE REFLECTED IN THE MONTHLY STATEMENTS. CLAIM DENIED.

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