The investment fraud attorneys at Meyer Wilson are investigating Broker
Matthew Werthe of Raymond James Financial Services. Werthe's conduct
is currently the subject of three pending customer arbitrations. Those
customers allege fraud, excessive trading, unauthorized trading, unsuitable
investment recommendations, churning, failure in his supervisory duties,
and breach of fiduciary duty. Werthe is registered as a broker and financial
advisor in nine states, including California, Florida, Arizona, Delaware,
Ohio, Oregon, New York, Virginia, and Washington.
According to Werthe's
FINRA BrokerCheck report, the alleged activities took place during his employment with Raymond
James Financial Services. In 2016, a customer alleged that Werthe made
unsuitable investment recommendations that were too aggressive given her
situation and resulted in "catastrophic losses" to her account.
In 2017 another customer alleged that Werthe made unsuitable investment
investment fraud, executed excessive and
unauthorized trades, churned investments, and breached his fiduciary duty. In 2018, allegations
were made that Werthe committed fraud, forged signatures, churned investments,
and made unsuitable recommendations.
Many investors lose substantial amounts of money before they realize that
broker misconduct has occurred. By familiarizing themselves with the signs
of investment misconduct, keeping close watch of their account activity,
carefully reviewing account statements and addressing any concerns right
away, investors can better protect themselves from the wrongdoings of
Have you lost money investing with Matthew Werthe?
The attorneys at Meyer Wilson are interested in speaking with investors
who may have suffered financial losses due to the misconduct of Matthew
Werthe. If you invested with Werthe and you suspect that he may have committed
wrongdoings that have resulted in monetary harm, call the investment fraud
lawyers at Meyer Wilson today at 888-390-6491
for a free case evaluation.