The securities fraud attorneys at Colling Gilbert Wright & Carter are currently investigating former VSR Financial Services, Inc. ("VSR") registered representative Paul C. Larsen ("Mr. Larsen"), most recently from Naples, Florida. According to FINRA BrokerCheck, Mr. Larsen has at least sixteen customer complaints (all recorded between 2011 and 2016) and was terminated by VSR in September 2010. Many of the customer complaints involve alternative investments including direct private placements (DPP's) and Oil& Gas limited partnership investments. He was subsequently barred by the Financial Industry Regulatory Authority ("FINRA") for allegedly "undisclosed outside business activity and/or private securities transactions."
Mr. Larsen had been employed in the securities industry for twenty-four years with nine different firms. In addition to VSR, he was a registered representative with Proequites, Inc., Roan-Meyers Associates LLP, Dean Witter Reynolds, Inc., FAS Wealth Management Services, Inc. and A.G. Edwards & Sons, Inc.
Clients of Paul Larsen, who have suffered losses may be able recover their losses through FINRA securities arbitration. The experienced securities fraud attorneys at Colling Gilbert Wright & Carter have successfully represented hundreds of investors in cases of unsuitable and unauthorized trading, negligence, breaches of fiduciary duty and failures in supervision. Our case reviews are free of charge and our firm is only compensated if you receive compensation for your losses. Please contact us or call (800) 766-1000 for further information.