Paul McCabe Jr.— Failure to Provide Documents

investment fraud attorney ClevelandPaul J. McCabe Jr. Allegedly Failed to Provide Documents and Information as Requested by FINRA

Paul McCabe Jr. allegedly failed to provide documents and information as requested by FINRA, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Paul McCabe Jr., in or around June 2016, allegedly became the subject of a FINRA examination as FINRA began a so-called cycle examination of Olympus Securities, LLC, according to the aforementioned AWC.

On September, 30 2016, FINRA Staff sent McCabe a request for on-the-record testimony pursuant to FINRA Rules, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

Paul McCabe Jr. acknowledges that he received FINRA’s request and would not appear for on-the record testimony at any time, and hence, violated FINRA Rules and has been barred by FINRA, the AWC reports.

The Peiffer Rosca Wolf securities lawyers are currently investigating Paul McCabe Jr.’s alleged refusal to respond to a FINRA investigation.

Paul McCabe Jr. Barred by FINRA after Allegedly Violating FINRA Rules

Paul McCabe Jr. barred by FINRA after allegedly violating FINRA Rules, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) presently being examined by attorneys Alan Rosca and James Booker.

McCabe allegedly acknowledged that he received FINRA’s requests and made statements that he would not provide FINRA with the requested documents and information at any time, the AWC notes.

McCabe, as he allegedly refused to provide information and documents as requested pursuant to FINRA Rules, allegedly violated FINRA Rules and has been barred by FINRA from associating with any FINRA firm in any capacity.

McCabe’s FINRA BrokerCheck Report also alleges that McCabe has been permanently barred by FINRA.

McCabe’s FINRA BrokerCheck Report also reports that McCabe, in 2012, allegedly faced breach of contract in a pending case which requests $7 million in damages, the AWC reports.

McCabe reportedly first became registered with a FINRA member firm in July 1996, and from September 2015 to October 2016 McCabe was allegedly registered as a General Securities Representative and an Investment Company Products/Variable Contracts Representative through Olympus Securities, LLC , according to the AWC.

One should also note that, according to the AWC, Paul McCabe Jr. neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged investment schemes and are currently investigating Paul McCabe Jr.’s alleged refusal to answer a FINRA investigation. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Paul McCabe Jr.’s alleged refusal to answer a FINRA investigation may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

Alan Rosca (1159 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.