Paulson Investment Company Financial Advisor, Matthew Albers, Recently Suspended By FINRA For Alleged Sales Practice Violations
Matthew D. Albers (CRD # 2917814) is currently a Financial Advisor at Paulson Investment Company in Vienna, VA. Matthew D. Albers has been in the securities industry since 1998 and previously worked at Newport Coast Securities, Meyers Associates, Anderson & Strudwick, Jesup & Lamont Securities, Empire Financial Group, Berthel, Fisher & Company, Continental Capital Investments Services, Triad Advisors and Investacorp.
According to publicy available records released by the Financial Industry Regulatory Authority (FINRA), FINRA recently suspended Matthew Albers for 15 days for allegedly exercising “disrectionary trading on behalf of his customers without prior written authorization from the customers and written approval from his member firm.”
In addition, in May 2014, a customer filed a complaint alledging “MISREPRESENTATIONS, UNSUITABILITY, OMISSION OF MATERIAL FACTS.” That matter settled for $50,000
For a copy of Paul Bonaccini’s BrokerCheck report, click https://brokercheck.finra.org/individual/summary/2917814.
Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. We can be reached at 800.931.8452 or by email at firstname.lastname@example.org.