Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 9, 2018 indicate that New Jersey-based Oppenheimer & Company broker/adviser Paul Dangelo has been involved in customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Dangelo (CRD# 1837472).
Paul Dangelo has spent 28 years in the securities industry and has been registered with Oppenheimer & Company in Saddle Brook, New Jersey since 2015. Previous registrations include Wells Fargo Advisors in New City, New York (2005-2015); Morgan Stanley DW in Purchase, New York (1999-2005); Painewebber in Weehawken, New Jersey (1994-1999); David Lerner Associates in Syosset, New York (1990-1994); American Express Financial Advisors in Minneapolis, Minnesota (1990); IDS Life Insurance Company in Minneapolis, Minnesota (1990); and Painewebber, Incorporated in Weehawken, New Jersey (1988-1990). He has passed six securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on October 31, 1990, and Series 7 (General Securities Representative Examination), which he obtained on November 19, 1988. He is a registered broker and investment adviser with six US states—Connecticut, Florida, New Jersey, New York, North Carolina, and Pennsylvania—and with nine self-regulatory organizations: the Chicago Board Options Exchange, the Chicago Stock Exchange, FINRA, NYSE American LLC, NYSE Arca, Nasdaq ISE, Nasdaq PHLX, the Nasdaq Stock Exchange, and the New York Stock Exchange.
According to his BrokerCheck report, he has received two customer complaints and four denied customer complaints, and he resigned from a former employer in connection to alleged rule violations.
In January 2017 a customer alleged Paul Dangelo, while employed at Wells Fargo Advisors, recommended unsuitable investments in Puerto Rico municipal bonds. The customer sought unspecified damages in the complaint, which was denied.
In 2016 a customer alleged Paul Dangelo, while employed at Wells Fargo Advisors, recommended investments in municipal bonds that went bankrupt and resulted in losses. The customer sought unspecified damages in the complaint, which was denied.
In 2016 a claimant alleged Paul Dangelo, while employed at Oppenheimer & Company, executed excessive trades in municipal debt investments, unit investment trusts, and common and preferred stock. The claimant sought unspecified damages in the complaint, which was denied.
In 2015 he submitted his voluntary resignation from Wells Fargo Advisors in connection to allegations he made trades in a client’s account without her knowledge or consent.
In 2009 a customer alleged he, while employed at Wachovia Securities, executed excessive trades and made unsuitable investments. The complaint settled for $80,000.
In 1999 a customer alleged he, while employed at UBS Painewebber, churned investments and made unsuitable investments and asset allocations. The complaint settled for $45,000.
If you or someone you know has a complaint regarding Paul Dangelo, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.