Raymond James Financial Advisor Matt Werthe Has Three Pending Customer Complaints
The Wolper Law Firm is currently investigating claims against Matt Werther, a Financial Advisor at Raymond James in Murrieta, California. Matt Werthe has been in the securities industry since the 2009 and previously worked at Edward Jones.
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in 2018 alone, Matt Werthe has had two customer complaints filed against him for alleged sales practice misconduct.
In April 2018, a customer alleged “fraud, excessive trading, churning, unauthorized trading, Ohio consumer fraud, breach of fiduciary duty, unsuitability…” The customer alleged damages of $728,000 and the matter remains pending.
In January 2018, another customer alleged “fraud, excessive trading, churning, unauthorized traded, Maryland consumer fraud, breach of fiduciary duty, unsuitability…” The customer alleged damages of $362,000 and the matter remains pending.
In August 2016, Matt Werthe was the subject of a third customer complaint alleging “catastrophic losses” in oil and gas equities.” The alleged damages are $252,000 and the matter remains pending.
If you or someone you know was a customer of Matt Werthe at Raymond James and you experienced investment losses, please contact the Wolper Law Firm at 800.931.8452 or by email at email@example.com to discuss your specific situation and the legal options available. The Wolper Law Firm represents investors nationwide in securities litigation and arbitration.