Kevin Richard Graetz of Portland Oregon a stockbroker formerly registered with Paulson Investment Company has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by allegations that Graetz neglected to respond to FINRA’s information request potentially relating to his disclosures of customer initiated investment related disputes or his discharge from Paulson Investment Company. Case No. 2016052540602 (Feb. 13, 2018).
According to FINRA Public Disclosure, Graetz’s lack of cooperation initially resulted in him being suspended by the regulator on February 13, 2018. in the Suspension from Association letter provided to Graetz by FINRA, he was warned that his ongoing failure to correspond with FINRA could result in more serious sanctions. Graetz failed to furnish information to FINRA by the February 12, 2018 deadline resulting in him being automatically barred by the regulator on February 13, 2018.
FINRA Public Disclosure reveals that Graetz is referenced in nine customer initiated investment related disputes pertaining to allegations of his misconduct when he was associated with securities broker dealers including Paulson Investment Company. In fact, on December 22, 2016, a customer filed an investment related complaint involving Graetz’s activities in which the customer requested $1,000,000.00 in damages based upon accusations that misleading statements and omissions had been made concerning the terms of a promissory note linked to a private investment purchase that Graetz facilitated while associated with Paulson Investment Company.
Graetz is the subject of a customer initiated investment related arbitration claim which was resolved for $165,000.00 in damages based upon allegations that the customer’s account was handled with poor care; misrepresentations were made concerning investments; and the customer had been defrauded on investments purchased through Graetz. FINRA Arbitration No. 17-00876 (Sept. 25, 2018). Also, a customer filed an investment related arbitration claim involving Graetz’s conduct where the customer sought $500,000.00 in damages supported by accusations that the customer was defrauded by Graetz through his sale of an unregistered and unapproved investment. FINRA Arbitration No. 19-00503 (Feb. 14, 2019).
Graetz was discharged by Paulson Investment Company on April 28, 2017 supposedly based upon a customer initiated investment related arbitration claim that contained accusations of unjust enrichment, negligence and fraud.
