Skip to content
(888) 637 5510
White Securities Law
  • Attorneys
    • D. Daxton White, Managing Partner
    • Michael D. Kennedy, Partner
  • Practice Areas
    • Securities Fraud Attorneys
    • Securities Employment Attorneys
  • Resources
    • Contingency Fees
    • Types of Investment Fraud
    • Complex Investment Products
    • Common Securities Claims
    • FINRA Arbitration Attorney
    • FAQ
    • Press and Media
    • FINRA-Registered Broker Dealer Reviews
    • What is FINRA?
    • Testimonials
  • Locations
    • Chicago Securities Fraud Attorneys
    • Seattle Securities Fraud Attorneys
  • Blog
    • Broker Investigations
    • Current Investigations
    • FINRA and the SEC
    • Investment Loss Recovery
    • Podcasts
    • Publications
    • Securities Fraud Articles
  • Contact Us
  • Attorneys
    • D. Daxton White, Managing Partner
    • Michael D. Kennedy, Partner
  • Practice Areas
    • Securities Fraud Attorneys
    • Securities Employment Attorneys
  • Resources
    • Contingency Fees
    • Types of Investment Fraud
    • Complex Investment Products
    • Common Securities Claims
    • FINRA Arbitration Attorney
    • FAQ
    • Press and Media
    • FINRA-Registered Broker Dealer Reviews
    • What is FINRA?
    • Testimonials
  • Locations
    • Chicago Securities Fraud Attorneys
    • Seattle Securities Fraud Attorneys
  • Blog
    • Broker Investigations
    • Current Investigations
    • FINRA and the SEC
    • Investment Loss Recovery
    • Podcasts
    • Publications
    • Securities Fraud Articles
  • Contact Us
Free Consultation

Written by The White Law Group• October 19, 2016• 3:56 pm• Current Investigations, Securities Fraud Articles

Paul Lebel Barred by SEC

Caldwell Securities
Share at:
ChatGPT Perplexity Grok Google AI

Investment Losses with Paul Lebel?

Former LPL Financial  broker, Paul Lebel was barred on Tuesday by the Securities and Exchange Commission for churning and excessively trading mutual funds in customer accounts and generating excessive fees.

Paul Lebel, was registered as a broker with LPL broker from 2008 to 2014 and during his employment allegedly defrauded four customers by churning several of their accounts.

According to the report, Lebel bought and sold mutual fund A shares, which are meant to be long-term investments, generating $50,000 in commissions.

Lebel will reportedly pay $56,500 as part of the settlement.

The document stated that Lebel’s allegedly excessive trading was inconsistent with the customers’ investment objectives, and willfully disregarded the customers’ interest.

According to FINRA BrokerCheck, Lebel was registered with Wood (Arthur W.) Company in Boston, MA from 12/2014 – 01/2015 and with LPL Financial in Cambridge, MA from 08/2008 – 11/2014. His disclosures include eight (8) reports of judgement/liens for taxes with the total amount in excess of $90,000.

Brokerage firms are required to adequately supervise their agents to ensure they are complying with FINRA rules and they can held responsible for any losses in a FINRA arbitration claim if it is determined that they failed to properly supervise their agent.

Recovery of Investment Losses

If you suffered losses investing with Paul Lebel and LPL Financial, the attorneys at The White Law Group may be able to help. For a free consultation, please call (888) 637-5510.

The foregoing information, which is all publicly available on FINRA’s website, is being provided by The White Law Group. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.

For more information on The White Law Group and it’s representation of investors, visit www.whitesecuritieslaw.com.

 

Tags: broker churning, Chicago broker fraud attorney, Chicago churning attorney, Chicago FINRA attorney, Chicago investment fraud attorney, Chicago securities attorney, Chicago securities lawyer, churning turnover ratio, Excessive brokerage fees, Excessive buying and selling securities, excessive financial advisor commissions, excessive financial advisor fees, Excessive stockbroker commissions, Excessive stockbroker fees, financial advisor account churning, financial advisor Churn & burn, financial advisor churning attorney, financial advisor churning lawyer, financial advisor Excessive commissions, Financial advisor Excessive fees, financial advisor excessive trading, financial advisor Excessive transactions, Financial advisor frequent trades, Florida churning attorney, Florida churning lawyer, Frequent broker commissions, Frequent brokerage fees, how much trading is too much, how prove churning, Illinois churning attorney, Illinois churning lawyer, investment advisor account churning, investment advisor churn and burn, investment advisor excessive commissions, investment advisor excessive fees, investment advisor excessive transactions, investment advisor frequent trades, Paul Lebel barred SEC, Paul Lebel churning, Paul Lebel class action, Paul Lebel complaints, Paul Lebel excessive trading, Paul Lebel financial advisor, Paul Lebel Investment advisor, Paul Lebel losses, Paul Lebel LPL financial, Paul Lebel Mutual fund A shares, Paul Lebel securities fraud, stockbroker Account churning, stockbroker churning and burn, stockbroker churning attorney, stockbroker churning lawyer, stockbroker excessive commissions, stockbroker excessive fees, stockbroker excessive transactions, Stockbroker frequent trades, Vero Beach investment fraud attorney, Vero Beach securities attorney, Vero Beach securities lawyer, what is churning, what is excessive trading, what turnover ratio is considered churning Last modified: March 17, 2017

Related Posts

Chicago Securities Fraud /Investment Fraud Lawyer, featured by top securities fraud attorneys, The White Law Group

Blog, Securities Fraud Articles

September 2, 2025

Chicago Securities Fraud Attorneys | Investment Fraud Lawyers

Share at: ChatGPT Perplexity Grok Google AIChicago Securities Fraud Attorneys Are you seeking to recover investment losses incurred as a...

Read More →
Wall Street sign in front of the New York Stock Exchange building

Blog, Current Investigations

April 9, 2025

Franklin BSP Lending Corp. (BDCA) Merger and Liquidation

Share at: ChatGPT Perplexity Grok Google AIHow to Recover Investment Losses involving Franklin BSP Lending Corp. (Formerly BDCA) The White...

Read More →
Berthel, Fisher & Company Complaints and Regulatory Actions featured by top securities fraud attorneys, the White Law Group

FINRA SEC Sanctions

April 6, 2025

Berthel, Fisher and Co.: Complaints and Regulatory Actions

Share at: ChatGPT Perplexity Grok Google AIThe White Law Group reviews the regulatory history of Berthel, Fisher and Company Financial...

Read More →
UDF IV-United Development Funding IV- Lawsuits to Recover Financial Losses, featured by top securities fraud attorneys, The White Law Group

Blog, Investment Loss Recovery

March 17, 2025

United Development Funding IV (UDF IV) Merger

Share at: ChatGPT Perplexity Grok Google AIUDF IV shareholders Approve Merger with Ready Capital Corp. (NYSE: RC) United Development...

Read More →
← Hines REIT Previous Story
United Development Fund IV (UDF IV) Delisted by NASDAQ
→ First Capital Real Estate Trust Incorporated Suspends Distributions, featured by top securities fraud attorneys, The White Law Group Next Story
First Capital Real Estate Trust Suspends Distributions

Comments are closed.

THE WHITE LAW GROUP
Investment Losses? Contact us now for a free consultation!

Investment Losses?

Contact us now for a free consultation!
Loading
Committed to helping investors in all 50 states pursue claims against financial professionals and brokerage firms.
(888) 637-5510 . (312) 238-9650 . (312) 238-8950

Chicago Office: 125 South Wacker Dr., Suite 300 Chicago, IL 60606

Seattle Office: 450 Alaskan Way S., Suite 200 Seattle, WA 98104

Our Attorneys
  • D. Daxton White
  • Michael D. Kennedy
Our Locations
  • Chicago Securities Fraud Attorneys
  • Seattle Securities Fraud Attorneys
Our Practice Areas
  • Selling Away
  • Elder Financial Exploitation
  • Margin Trading
  • Broker Negligence
  • Unsuitable Investments
  • Misrepresentation
  • Excessive Trading/Churning
  • Ponzi Schemes
  • Unauthorized Trading
Other Information Links
  • Contact Us
  • Blog
  • Press and Media
  • Client Testimonials
  • Frequently Asked Questions
  • Privacy Policy
  • Sitemap
© 2025 by The White Law Group, LLC All rights reserved.