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Investor Alleges Sean Pahut Engaged in Misappropriation

Mar 30, 2023 Misappropriation

Sean Pahut (CRD #: 2954713), a broker registered with LPL Financial, was recently the subject of an investor dispute, according to his BrokerCheck record, accessed on March 21, 2023. If you want to know more about his alleged conduct as a broker, read on.

Investor Dispute

On January 27, 2023, an investor alleged that Sean Pahut engaged in misappropriation between March 15, 2021, and February 10, 2023. The firm denied the dispute.

However, investors should know that firms don’t need to allow an outside review before denying a dispute. Investors may be able to recover their losses after a denial by seeking out FINRA arbitration.

FINRA Rule 2150

FINRA Rule 2150 forbids brokers from misusing investors’ funds.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Sean Pahut has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Sean Pahut is a registered broker in Arizona, California, Montana, and Virginia. He is also a registered investment adviser in Montana.

He has also worked for the following firms:

  • Wells Fargo Clearing Services (CRD#:19616)
  • U.S. Bancorp Investments (CRD#:17868)
  • PrimeVest Financial Services (CRD#:15340)
  • Dain Rauscher (CRD#:31194)
  • Edward Jones (CRD#:250)

Kurta Law Can Help

If you worked with Sean Pahut and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.

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