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Gerald Repasz Has Been the Subject of a Customer Complaint

Gerald Repasz

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 8, 2018 indicate that Illinois-based Ausdale Financial Partners broker/adviser Gerald Repasz has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Repasz (CRD# 1273452).

Gerald Repasz has spent 32 years in the securities industry and has been registered with Ausdal Financial Partners in Peoria, Illinois since 2013. Previous registrations include Berthel Fisher & Company Financial Services in Peoria, Illinois (2002-2013); SII Investments in Appleton, Wisconsin (1998-2002); Fortis Investors in Oakdale, Minnesota (1992-1998); and MidAmerica Management Corporation in Cedar Rapids, Iowa (1985-1992). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 21, 1994; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 6, 1985; Series 7 (General Securities Representative Examination), which he obtained on November 9, 1994; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on March 6, 1985. He is a registered broker and investment adviser with 17 US states and territories: Arizona, Florida, Illinois, Indiana, Iowa, Kentucky, Louisiana, Michigan, Mississippi, Missouri, New Hampshire, New Mexico, Ohio, Pennsylvania, Tennessee, Texas and Wisconsin.

According to his BrokerCheck report, he has received one customer complaint, one pending customer complaint, and three customer complaints that were closed or denied.

In October 2017 a customer alleged Gerald Repasz, while employed at Berthel Fisher & Company Financial Services and Ausdal Financial Partners, recommended unsuitable investments in products including IDF III and IV and a Harvard Behringer REIT. The customer is seeking $62,000 in damages in the pending complaint.

In 2016 a customer alleged Gerald Repasz, while employed at Berthel Fisher & Company Financial Services, misrepresented and recommended unsuitable alternative investments. The complaint settled for $20,000.

In 2011 a customer alleged Gerald Repasz, while employed at Berthel Fisher & Company Financial Services, misrepresented material facts and recommended an unsuitable investment. The customer sought $2,028,000 in damages in the complaint, which was denied.

In 2011 a customer alleged he, while employed at Berthel Fisher & Company Financial Services, misrepresented material facts. The customer sought unspecified damages in the complaint, which was closed with no action taken.

In 2005 a customer alleged he, while employed at SII Investments, misrepresented material facts related to surrender fees. The customer sought $186,000 in damages in the complaint, which was denied.

If you or someone you know has complaints regarding Gerald Repasz, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: 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.