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George Merhoff (Cetera Advisors) Has Customer Complaints

 George MerhoffPublic records published by the Financial Industry Regulatory Authority (FINRA) on June 30, 2016 indicate that Oregon-based Cetera Advisors broker/adviser George Merhoff is the subject of pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Mr. Merhoff (CRD# 2918171).

George Merhoff has spent 18 years in the securities industry and has been registered with Cetera Advisors in Klamath Falls, Oregon since 2012. Previous registrations include Pacific West Securities in Klamath Falls, Oregon (1998-2012) and AAG Securities in Cincinnati, Ohio (1997-1998). He is a registered broker and investment adviser with 20 US states and territories.

According to his BrokerCheck report, George Merhoff is the subject of nine pending customer complaints.

In May 2016, a customer alleged George Merhoff, while employed at Cetera Advisors, breached his fiduciary duty, acted negligently, and breached contract. The customer is seeking $150,000 in damages in the pending complaint.

In June 2016, a customer alleged George Merhoff, while employed at Cetera Advisors, breached his fiduciary duty, breached contract, and acted negligently. The customer is seeking $60,000 in damages in the pending complaint.

In April 2016, a customer alleged George Merhoff, while employed at Cetera Advisors, acted negligently, breached contract, and breached his fiduciary duty. The customer is seeking $50,000 in damages in the pending complaint.

In March 2016, a customer alleged George Merhoff, while employed at Cetera Advisors, recommended unsuitable investments “which resulted in portfolio decline.”  The customer is seeking unspecified damages in the pending complaint.

In March 2016, a customer alleged George Merhoff, while employed at Cetera Advisors, breached his fiduciary duty, acted negligently, and violated Oregon securities law. The customer is seeking $4,656,000 in damages in the pending complaint.

In February 2016, a customer alleged George Merhoff, while employed at Cetera Advisors, made unsuitable investment recommendations and provided poor performance. The customer is seeking $900,000 in damages in the pending complaint.

If you or someone you know has complaints regarding George Merhoff, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.