Jerry McCutchen—Unsuitable Recommendations
Jerry McCutchen Allegedly Made Unsuitable Investment Recommendations Regarding the Purchase of Certain Alternative Investments
Jerry McCutchen allegedly made unsuitable investment recommendations regarding certain alternative investments, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Jason Kane and James Booker.
Jerry McCutchen has been the subject of at least 15 customer complaints and one judgment or lien, FINRA notes. The customer complaints against McCutchen allege numerous securities violations including alleged unsuitable investments and misrepresentations among other claims, the AWC reports.
The Peiffer Wolf Carr & Kane securities lawyers are currently investigating Jerry McCutchen’s alleged unsuitable recommendations regarding alternative investments.
Jerry McCutchen Barred by FINRA for Allegedly Failing to Appear for On-the-record Testimony
On July 22, 2016, FINRA Staff sent a request to McCutchen for on-the-record testimony pursuant to FINRA Rules, according to the aforementioned AWC currently under review by attorneys Jason Kane and James Booker.
The request allegedly required that McCutchen appear in Chicago and provide sworn testimony on August 17 and 18, 2016, the AWC notes.
McCutchen 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.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of unsuitable investment recommendations and are currently investigating Jerry McCutchen’s alleged unsuitable investment recommendations regarding certain alternative investments. 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 Jerry McCutchen’s alleged unsuitable investment recommendations regarding certain alternative investments may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or James Booker, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.