John Mateyko of Peachcap Securities, Inc. faces multiple claims, including misrepresentation, breach of fiduciary duty, and recommending unsuitable investments—actions that can have serious financial consequences for investors. These allegations highlight the risks associated with brokers who push complex, high-risk products that may not align with an investor’s needs. Understanding the extent of these complaints can help affected investors take action to recover their losses.
If you or someone you know has been impacted by John Mateyko or another broker, don’t hesitate to reach out to Meyer Wilson today. Our attorneys are experienced in broker misconduct cases and will help to guide you through the process with a free consultation.
Allegations Against John Mateyko and Regulatory Oversight
Key Allegations and Settlement Details
John Mateyko (CRD: 3275621), a broker at Peachcap Securities, Inc. (CRD#: 25590) and investment adviser at Peachcap Tax & Advisory, LLC (CRD#: 158729), has a history of regulatory disclosures, including 7 settlements of customer complaints in the last 3 years. His history also includes a 2009 termination for unauthorized access to customer account data, raising concerns about compliance long before the current complaints.
Customer complaints against him date back to 2020 and commonly involve real estate investments and structured notes. Some disputes center on business development companies (BDCs) or non-traded REITs purchased as far back as 2014. Investors have alleged a lack of proper disclosure, unsuitable recommendations, and misrepresentation regarding risks. Listed below are several significant settlements he has been involved in:
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May 6, 2021: $100,000 claim alleging breach of fiduciary duty.
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July 1, 2021: $500,000 complaint about unsuitability and misrepresentation in REITs/BDCs, settled for $330,000.
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April 2, 2022: $2 million breach of fiduciary duty claim, settled for $750,000.
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August 24, 2022: $268,000 unsuitability complaint, settled for $137,500.
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April 21, 2023: $606,000 claim linked to non-traded REITs (including Hospitality Investment Trust), settled for $310,000.
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May 8, 2023: $250,000 complaint over structured notes.
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February 22, 2024: $1 million claim concerning corporate debt securities, settled for $475,000.
These disclosures reveal a recurring pattern of allegations, from smaller claims to high-dollar disputes exceeding $1 million. The total requested damages in these cases have surpassed $1.8 million, reflecting the wide scope of investor losses.
Regulatory Standards and Fiduciary Duties
Brokers like Mateyko must fulfill fiduciary duties. They are required to prioritize clients’ interests with loyalty, honesty, and comprehensive disclosure. When a broker promotes illiquid or complicated products (like non-traded REITs or structured notes) to clients with conservative risk profiles, it may violate suitability rules or Regulation Best Interest (Reg-BI). FINRA guidelines indicate that each recommendation should match an investor’s financial experience, net worth, and risk tolerance. Ignoring these obligations—or recommending high-risk strategies to clients seeking steady returns—can amount to a breach of fiduciary duty.
For more information on non-traded REITs, check out our video below:
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How Meyer Wilson Can Help Victims of John Mateyko
The allegations against John Mateyko at Peachcap Securities span multiple years of complaints, from 2020 onward, and involve several large claims in the last few years. Settlements have reached hundreds of thousands of dollars in several cases, with the most recent dispute ending in a $475,000 settlement. These events bring attention to broader concerns about suitability practices, accurate risk disclosures, and oversight at Peachcap Securities. If such violations persist, the firm itself could face closer regulatory scrutiny or additional disciplinary measures.
If you or someone you know has suffered losses due to the actions of brokers like John Mateyko, the experienced attorneys at Meyer Wilson are here to help. With more than 20 years in the industry and over $350 million recovered for our clients, our focus on investment fraud and securities litigation has helped many investors recover their losses. Contact us today for a free consultation to discuss your case and learn how we can assist you in protecting your financial interests.
Frequently Asked Questions
What Are the Complaints Against John Mateyko?
He faces claims of misrepresentation, breach of fiduciary duty, and unsuitable product recommendations. Complaints involve corporate debt securities, structured notes, BDCs, and non-traded REITs, with losses ranging from thousands to over a million dollars.
How Does FINRA Investigate Broker Misconduct?
FINRA may request relevant documents under Rule 8210, interview parties involved, and assess whether a broker violated suitability or anti-fraud rules. If misconduct is confirmed, FINRA can impose punishments like suspensions, fines, restitution, or permanent bans.
What Evidence Is Needed to Prove a Breach of Fiduciary Duty?
Common proofs include emails or recorded calls showing undisclosed risks, evidence of personal gain at the client’s expense, and documentation of investments that did not align with the client’s risk tolerance. Gathering detailed trade records also helps strengthen a claim. The evidence needed can vary case-by-case, so contacting a securities fraud lawyer can help to gain a full understanding.
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