Paul ChavensonThe securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Pennsylvania-based Morgan Stanley broker/adviser Paul Chavenson (CRD# 1101754).

Paul Chavenson has spent 32 years in the securities industry and has been registered with Morgan Stanley in Blue Bell, Pennsylvania since 2009. Previous registrations include Morgan Stanley & Company in Blue Bell, Pennsylvania (2007-2009); Morgan Stanley DW in Blue Bell, Pennsylvania (2001-2007); Legg Mason Wood Walker in Baltimore, Maryland (1997-2001); Prudential Securities in New York, New York (1989-1997); Drexel Burnham Lambert (1985-1989); Halpert Oberst & Company (1984-1985); Charles Schwab & Company (1983-1984); and Patten Securities (1983). He is a registered broker and investment adviser in twelve US states and territories.

According to his BrokerCheck report, Paul Chavenson is the subject of two customer complaints and four denied customer complaints.

  • In 2006 a customer alleged Paul Chavenson, while employed at Legg Mason Wood Walker, breached his fiduciary duty, made an unsuitable investment recommendation, and failed to supervise. The complaint settled in 2007 for $45,000.
  • In 2005 a customer alleged Paul Chavenson, while employed at Morgan Stanley DW, recommended unsuitable investments. The customer sought $100,000 in damages in the complaint, which was denied.
  • In 2003 a customer alleged Paul Chavenson, while employed at Legg Mason Wood Walker, recommended unsuitable investments. The complaint settled in 2005 for more than $41,600.
  • In 2002 a customer alleged Paul Chavenson, while employed at Morgan Stanley Smith Barney, acted negligently and made unsuitable recommendations. The customer sought $110,479 in damages in the complaint, which was denied.
  • In 2001 a customer alleged Paul Chavenson, while employed at Morgan Stanley Smith Barney, failed to advise him of an alternative process for bond conversions, resulting in losses. The customer sought more than $25,400 in damages in the complaint, which was denied.

If you have lost money investing with Paul Chavenson, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. Fitapelli Kurta takes every case on a contingency basis, which means Fitapelli Kurta only gets paid if and when you collect money. By law there may be a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.