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Jerry McCutchen Has 16 Customer Complaints

Jerry McCutchenPublicly available records published by the Financial Industry Regulatory Authority (FINRA) on June 22, 2016 indicate that former Alabama-based Berthel Fisher broker Jerry McCutchen has received more than 20 settled or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. McCutchen (CRD# 1076678).

Jerry McCutchen has spent 27 years in the securities industry and was most recently registered with Berthel Fisher in Mobile, Alabama. Previous registrations include Next Financial Group in Mobile, Alabama; FSC Securities Corporation in Atlanta, Georgia; Commonwealth Equity Services in Waltham, Massachusetts; ProEquities in Birmingham, Alabama; Walnut Street Securities in El Segundo, California; MML Investors Services in Springfield, Massachusetts; Central Brokerage Services in Birmingham, Alabama; First Funds Incorporated; and Bay City Securities. He is currently not registered with any state or firm.

According to his BrokerCheck report, Jerry McCutchen has received 16 customer complaints and six pending customer complaints.

In June 2016, a customer alleged Jerry McCutchen, while employed at Berthel Fisher and Next Financial Group, misrepresented and recommended unsuitable investments. The customer is seeking unspecified damages in the pending complaint.

In May 2016, a customer alleged Jerry McCutchen, while employed at Berthel Fisher, misrepresented and recommended unsuitable investments. The customer is seeking $50,000 in damages in the pending complaint.

In January 2016, a customer alleged Jerry McCutchen, while employed at Berthel Fisher, misrepresented and recommended unsuitable investments. The customer is seeking $800,000 in damages in the pending complaint.

In December 2015, a customer alleged Jerry McCutchen, while employed at Berthel Fisher and Next Financial, recommended and sold unsuitable and illiquid investments. The complaint settled for $145,000.

In December 2015, a customer alleged Jerry McCutchen, while employed at Berthel Fisher and Next Financial, misrepresented material facts and made unsuitable recommendations. The customer is seeking $500,000 in damages in the pending complaint.

In 2014, a customer alleged Jerry McCutchen, while employed at Berthel Fisher, misrepresented material facts and made unsuitable investment recommendations. The complaint settled in July 2015 for $34,000.

In 2014, a customer alleged Jerry McCutchen, while employed at Berthel Fisher, recommended unsuitable investments. The complaint settled for $240,000, to which Mr. McCutchen individually contributed $37,500.

In 2012, a customer alleged Jerry McCutchen, while employed at Next Financial, breached his fiduciary duty, acted negligently, and committed fraud. The complaint settled in 2013 for $70,000.

If you have complaints regarding Jerry McCutchen, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.