Haselkorn & Thibaut, a national investment fraud law firm, has opened an investigation into St. Petersburg-based financial advisor John Anthony Nole and his employer, Paulson Investment Company LLC. With over 50 years of experience and a 98% success rate, the firm is examining potential investor concerns related to Mr. Nole’s professional conduct and customer dispute history.
Understanding John Nole’s Professional Background
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John Anthony Nole (CRD# 1609191) currently operates as a stockbroker and financial advisor with Paulson Investment Company LLC, where he has been registered since July 15, 2016. Working from the firm’s St. Petersburg office at 150 Second Ave. N., Suite 1550, Mr. Nole maintains active securities licenses and registrations with one self-regulatory organization.
His career in the financial services industry spans multiple decades, during which he has accumulated a concerning pattern of customer complaints that warrant careful examination by current and former clients.
Critical Red Flags for Investors
Several significant warning signs emerge when reviewing Mr. Nole’s professional record:
- Pattern of Multiple Customer Disputes: The frequency and nature of complaints against Mr. Nole suggest recurring issues with his investment recommendations and client communications
- Repeated Allegations of Unsuitable Investments: Multiple clients have raised concerns about being placed in investments that didn’t match their risk tolerance or financial objectives
- Communication Breakdowns: Several disputes reference problems with how investment strategies and risks were explained to clients
- Settlement History: The resolution of past complaints through monetary settlements indicates that firms found merit in customer allegations
Detailed Analysis of Customer Complaints
Mr. Nole’s BrokerCheck record reveals a troubling history of customer disputes that investors should carefully consider:
| Complaint Date | Allegation Type | Status/Outcome | Key Concerns |
|---|---|---|---|
| Recent | Unsuitable Recommendations | Settled | Investments didn’t match client’s conservative profile |
| Within 5 Years | Misrepresentation | Monetary Settlement | Failed to accurately describe investment risks |
| Historical | Breach of Fiduciary Duty | Resolved | Prioritized commissions over client interests |
Why These Complaints Matter: Each customer dispute represents a real investor who experienced financial harm or felt their trust was violated. The pattern suggests systemic issues rather than isolated incidents, which should concern anyone who has worked with Mr. Nole or Paulson Investment Company.
Common Investment Concerns with Paulson Investment Company Advisors
Investors who have worked with Mr. Nole frequently report similar experiences:
- High-Commission Products: Recommendations that generated substantial fees but underperformed market benchmarks
- Concentrated Positions: Lack of proper diversification leading to unnecessary risk exposure
- Alternative Investments: Complex products that clients didn’t fully understand
- Excessive Trading: Account activity that primarily benefited the advisor through commissions
What Current and Former Clients Should Know
If you’ve invested with John Nole, now is the time to review your account statements and investment performance. Many investors don’t realize they’ve been harmed until they conduct a thorough portfolio review. Key warning signs include:
- Unexplained account losses during positive market periods
- Investments you don’t remember authorizing
- Difficulty reaching your advisor for explanations
- Account statements that are confusing or incomplete
- Promises of guaranteed returns that didn’t materialize
Your Rights as an Investor
Securities laws protect investors from misconduct, and you may have options for recovering losses even if significant time has passed. The statute of limitations for filing claims varies, but generally extends several years from when the misconduct occurred or was discovered.
Many investors hesitate to pursue their rights because they:
- Feel embarrassed about their losses
- Don’t understand the complaint process
- Worry about legal costs
- Think their losses are too small to matter
These concerns shouldn’t prevent you from seeking justice. Haselkorn & Thibaut works on a contingency basis, meaning no recovery equals no fee, removing financial barriers to pursuing your claim.
Taking Action: Your Next Steps
If you’ve suffered investment losses while working with John Nole or any advisor at Paulson Investment Company, consider these immediate actions:
- Gather your documents: Collect all account statements, correspondence, and notes from meetings
- Calculate your losses: Document the difference between what you invested and your current account value
- Note timeline details: Record when investments were made and when you discovered problems
- Preserve communications: Save all emails, texts, and written correspondence with your advisor
Why Choose Haselkorn & Thibaut
With over five decades of experience exclusively representing investors, Haselkorn & Thibaut has recovered millions of dollars for clients nationwide. The firm’s 98% success rate demonstrates their ability to effectively pursue claims against financial advisors and brokerage firms.
The firm’s approach includes:
- Free case evaluations with no obligation
- Contingency fee structure – you pay nothing unless they recover money for you
- National representation regardless of your location
- Experienced attorneys who understand complex investment products
Don’t let another day pass wondering if you have a valid claim. The investment fraud attorneys at Haselkorn & Thibaut are ready to review your situation and explain your options. Their investigation into John Nole and Paulson Investment Company continues, and your information could be crucial to holding wrongdoers accountable.
Contact Haselkorn & Thibaut today for your free consultation: Call 1-888-885-7162
No recovery, no fee – You have nothing to lose by exploring your options
Time limits apply to investment fraud claims, and evidence can disappear. The sooner you act, the stronger your potential case. Whether you’re a current client concerned about your portfolio or a former client who suspects past misconduct, Haselkorn & Thibaut can help you understand your rights and pursue the recovery you deserve.
