RICHARD BAREND PAUL

RICHARD BAREND PAUL is currently employed as a Broker and/or Investment Adviser at RAYMOND JAMES FINANCIAL SERVICES, INC. located at 870 MARKET STREET, SUITE 711, SAN FRANCISCO, CA, 94102.

RICHARD BAREND PAUL has worked at RAYMOND JAMES FINANCIAL SERVICES, INC. since July 30, 2004

Disclosure History

RICHARD BAREND PAUL has 1 Disclosure Event(s).

Date: October 27, 2004
Category: Customer Dispute
Allegations: CLIENT ALLEGES THAT HER FA HAD A FIDUCIARY DUTY TO BE AWARE OF HARTFORD'S POLICY OD APPLYING DEATH CERTIFICATES TO THEIR ANNUITY CONTRACTS. DEATH BENEFIT PAID TO CONTRACT WITHOUT CLIENT KNOWLEDGE.
Damage Amount Requested: $63,694.67
Settlement Amount: $20,000.00
Broker Comment: PIPER JAFFRAY CHOSE TO SETTLE A CLIENT COMPLAINT THAT, IN MY OPINION, HAD NO BASIS IN FACT. PIPER'S ACTIONS WERE UNDERTAKEN WITHOUT MY PERMISSION OR APPROVAL. I DO NOT BELIEVE THAT ANY OF MY ACTIONS IN REGARD TO THIS MATTER REPRESENTED ANYTHING LESS THAN PROFESSIONAL EXCELLENCE. AS OF THIS DATE, I STILL HAVE NOT BEEN PROVIDED WITH A COPY OF THIS COMPLAINT DATED 10/27/04. AGAIN, THIS SETTLEMENT IS PURELY A CREATURE OF PIPER JAFFRAY'S CORPORATE DECISION MAKING.

More Information

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