Former West Palm Beach broker Paul V. Blum Under Investigation

Silver Law Group is investigating claims related to West Palm Beach, Florida broker Paul V. Blum (CRD # 735003).

We have recently been retained to pursue a securities arbitration claim against RBC Capital Markets, LLC (“RBC”), Blum’s former brokerage firm, alleging, amongst other issues, that RBC and Blum engaged in an unsuitable bond trading program which caused losses in energy companies and other investments.

Blum has two recent complaints pending against him. The two complaints, similar to our client’s, allege unsuitable recommendations for the purchase of bonds that have since defaulted and the unauthorized purchase of high-yield bonds.

Blum has been in the securities industry for 34 years, most recently registered with RBC from October 2009 to November 2015. Blum has had a total of six customer disputes settled for an aggregate amount of over $800,000, most of which regard unsuitable bond recommendations.  Blum is currently not registered with any firm and not licensed to act as a broker or investment advisor.

If you have suffered losses while working with Blum, you may be entitled to recover some or all of your losses.

Silver Law Group represents the interests of investors who have been the victims of investment fraud. If you have questions about your legal rights, please contact Scott Silver of the Silver Law Group for a free consultation at ssilver@silverlaw.com or toll free at (800) 975-4345.