Advisor Alert: Our Attorneys Are Investigating Paul Michael Hulen For Investment Fraud
Did You Lose Money Because of Paul Hulen?
Filed: January 29, 2024
Did Paul Michael Hulen of Raymond James & Associates, Inc. (previously with Edward Jones) Cause You to Lose Money?
Paul Hulen has been the subject of one (1) regulatory event and three (3) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Paul Michael Hulen.
Who Is Paul Michael Hulen of Raymond James & Associates, Inc.?
- Advisor Name: Paul Michael Hulen
- Aliases: Paul Hulen
- CRD: 2237101
- Location: St. Louis, Missouri
- Current Employer: Raymond James & Associates, Inc.
- Previous Firms: Edward Jones
- Number of Known Customer Complaints: 3
- Number of Known Regulatory Events: 1
- Can Paul Hulen Be Sued: Yes, in Private Arbitration
- Can Paul Hulen’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $5,000
- Highest Settlement: Unknown
If you have suffered investment losses by Paul Hulen, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Paul Hulen For Broker Misconduct
As of this publication date, Paul Hulen has been the subject of 1 regulatory event and 3 customer disputes. Let’s review them below.
In May 2009, a complaint was filed against or in reference to Paul Hulen by a customer of Edward Jones alleging that Mr. Hulen did not manage the client’s accounts. Per the customer, she lost over $5,000 because of Mr. Hulen’s actions.
In May 2004, Missouri Securities Division initiated a regulatory action against or in reference to Paul Hulen for allegedly investing the customer’s portfolio in a manner inconsistent with the client’s investment objectives.
In February 2002, a complaint was filed against or in reference to Paul Hulen by multiple customers of Edward Jones alleging that due to the mismanagement of their accounts, the value of their portfolio has reduced by 50%. The clients claim the losses “grossly” exceeded their ability and willingness to front such risk to their savings. The clients claim IR, Paul Hulen, did not explain the degree of risk laid out in the investment plan suggested to them nor did the IR follow the risk-tolerant guidelines the clients claim they provided. Per the customers, they lost over $5,000 because of Mr. Hulen’s actions.
In September 1997, a complaint was filed against or in reference to Paul Hulen alleging that Mr. Hulen sold the client a high-risk stock but did not present it as high-risk. The client claimed that Mr. Hulen never advised him of the risks involved with the stock purchase.
How To File A Claim Against Paul Hulen of Raymond James & Associates, Inc. (previously with Edward Jones) To Get Your Money Back
If you have questions about Paul Hulen, Raymond James & Associates, Inc., Edward Jones, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.