JACK DRAPACZ Terminated After PAULSON INVESTMENT COMPANY LLC Allegations – Goodman & Nekvasil, P.A., May Recover Investor Losses
JACK DRAPACZ Terminated After PAULSON INVESTMENT COMPANY LLC Allegations. Drapacz is now a registered representative of DEVELOPMENT CORPORATION FOR ISRAEL out of Boca Raton, FL.
CRD#: 3109596
JACK WAYNE DRAPACZ (CRD#: 3109596), a former broker for PAULSON INVESTMENT COMPANY LLC in Fort Lauderdale, FL, was terminated after employer allegations. According to PAULSON INVESTMENT COMPANY LLC, Mr. Drapacz engaged in an investment related outside business activity without seeking prior approval from the firm.
Banerjee is now a registered representative for DEVELOPMENT CORPORATION FOR ISRAEL
FINRA RULES:
Rule 3270 (Outside Business Activities): Brokers must notify their firms before acting as an employee, independent contractor, sole proprietor, officer, director, or partner for any outside business.
Rule 3280 (Private Securities Transactions): If an outside business involves securities transactions (e.g., selling private placements or raising capital), the broker must notify the firm in writing. If the broker receives compensation for this, the firm must formally approve, record, and supervise the transaction.
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your broker.
JACK DRAPACZ Terminated After PAULSON INVESTMENT COMPANY LLC Allegations
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $500 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 5/12/26. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.