Kevin Richard Graetz of New York New York a stockbroker employed by Paulson Investment Company LLC has been identified in a customer initiated investment related arbitration claim which was resolved for $225,000.00 damages founded on accusations that the customer was placed into unregistered and fraudulent investments during the time that Graetz was employed by Paulson Investment Company. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-00503 (Feb. 12, 2020).
Graetz is the subject of eight more customer initiated investment related disputes pertaining to allegations of his bad business practices while employed by securities broker dealers including Paulson Investment Company and Maxim Group LLC. FINRA Public Disclosure indicates that a customer initiated investment related complaint involving Graetz’s conduct was settled for $75,000.00 in damages based upon allegations that Graetz mishandled the Maxim Group customer’s account causing the customer to suffer unwarranted losses on over-the-counter equities.
On December 22, 2016, a customer filed an investment related complaint pertaining to Graetz’s conduct in which the customer requested $1,000,000.00 in damages supported by allegations including fraudulent misrepresentations concerning promissory notes during the period in which Graetz was employed by Paulson Investment Company. The claim alleges that Graetz was selling away from the securities broker dealer.
Graetz is also referenced in a customer initiated investment related arbitration claim which was resolved for $165,000.00 in damages based upon accusations of negligence and misrepresentations being made to the customer by Graetz. FINRA Arbitration No. 17-00876 (Sept. 25, 2018). According to the claim, Graetz was unjustly enriched while the customer was defrauded upon purchasing a promissory note.
Graetz has been barred from associating with any FINRA member in any capacity based upon allegations that the stockbroker neglected to respond to FINRA’s request for information about his activities. FINRA Case No. 2016052540602. Graetz received a Notice of Suspension on November 10, 2017. The stockbroker was provided time to resolve the suspension but was barred on February 13, 2018 for failing to correspond with the regulator by the deadline.
Graetz was discharged by Paulson Investment Company on April 28, 2017 founded on accusations that he had been identified in one or more customer initiated investment related disputes that contained accusations of his customers being defrauded.