Published on:

Henry Scheuer Received One Customer Complaint

Henry ScheuerPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on December 25, 2016 indicate that New York-based Oppenheimer & Company broker/adviser Henry Scheuer has been the subject of a customer complaint. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Scheuer (CRD# 1608677).

Henry Scheuer has spent 29 years in the securities industry and has been registered with Oppenheimer & Company in New York, New York since December 2016. Previous registrations include Janney Montgomery Scott in New York, New York; CIBC World Markets in New York, New York; I/B/E/S in New York, New York; and Lynch Jones & Ryan in New York, New York. He is a registered broker and investment adviser with eighteen US states and territories.

According to his BrokerCheck report, Henry Scheuer has received one customer complaint.

In 2012 a customer alleged Henry Scheuer, while employed at Janney Montgomery Scott, recommended unsuitable option and index fund investments. The complaint settled in 2013 for $325,000.

According to FINRA rules and federal securities law, investment professionals like Henry Scheuer must abide by a standard called suitability, meaning they must recommend only investments that are suitable for their clients. Brokers must weigh such factors as the customer’s investment goals, experience, age, income, risk tolerance, and others. They may not misrepresent or omit material facts pertaining to an investment, as misrepresentations or omissions might lead a customer to invest unsuitably. Brokers who fail to recommend suitable investments may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.

If you have lost money investing with Henry Scheuer, you may be entitled to recoup your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.