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FINRA Broker Allegations

Allegations against: Paul Charles Fragakis

Allegation type: Customer Dispute

Allegation status: Denied

The allegations read: This client filed a complaint which alleged that an august 8, 1997 sale of 2,5000 shares of isolyser co. inc. Stock was unauthorized. The complaint also alleged that i misrepresented having insider information concerning cityscape financial cp. We have determined that the damages from the alleged conduct would be more than $5,000 (employing firm when events occurred-bear, stearns & co. Inc.)

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