Jerry McCutchen—Sales of Securities, Including Untraded Securities and REITs
Jerry McCutchen Allegedly Subject of 15 Customer Complaints, Involving Sales of Untraded Securities Including REITs
Jerry McCutchen, who from January 2007 through December 2014, was associated with Berthel Fisher & Company Financial Services, Inc., is the subject of fifteen customer complaints and one judgment or lien, according to a recent FINRA BrokerCheck Report currently being reviewed by attorneys Jason Kane and Joe Peiffer.
The aforementioned customer complaints against McCutchen allege a number of securities law violations including that the broker made unsuitable investments, involving untraded securities including REITs, negligence, and misrepresentations among other claims.
The Peiffer Wolf Carr & Kane securities lawyers are investigating Jerry McCutchen’s alleged unsuitable investments involving untraded securities including REITs.
Jerry McCutchen Allegedly Placed a Couple’s Retirement Funds in Purported Speculative, Illiquid Alternative Investments
Jerry McCutchen, while still registered with Berthel Fisher & Company Financial Services, Inc., has been accused of placing an elderly couple’s retirement funds in speculative, illiquid, alternative investments which he purportedly misrepresented as safe investments, according to a recent FINRA BrokerCheck Report presently being examined by attorneys Jason Kane and Joe Peiffer.
FINRA also reports that the Tier REIT, the Icon Leasing Fund Twelve LLC, and other REITs did not have proper diversity or allocation and were not suitable for the aforementioned couple.
Jerry McCutchen is reportedly not presently registered with any firm nor is he a licensed broker at the moment, but was registered with Berthel Fisher & Co., Bay City Securities, Next Financial Group, First Funds Inc., FSC Securities Corp, Central Brokerage Services, Commonwealth Equity Services, MML Investors, Proequities Inc., and Walnut Street Securities, FINRA notes.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of alleged unsuitable private securities recommendations and are currently investigating Jerry McCutchen’s alleged unsuitable investments involving untraded securities including REITs. 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 alleged unsuitable private securities recommendations may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.