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Meyer Wilson Investigating Claims Against Former Broker Jerry Mccutchen

The securities fraud attorneys at Meyer Wilson are currently investigating claims against former broker Jerry D. McCutchen Sr. (CRD# 1076678).

According to the Financial Industry Regulatory Authority (FINRA), former Berthel, Fisher & Company Financial Services, Inc. broker Jerry D. McCutchen Sr. (CRD# 1076678) has six pending customer disputes against him.

The disputes against McCutchen allege that investments purchased by the customers were misrepresented to them, were unsuitable, and that the firm failed to supervise McCutchen’s actions. The disclosed damages requested total nearly $2 million.

While FINRA has not barred McCutchen from acting as a broker or investment advisor, or associating with any firms, he has not been registered with any firm since leaving Berthel, Fisher & Company Financial Services in December of 2014. He is not currently licensed to act as a broker or as an investment advisor according to FINRA.

McCutchen has previously been the subject of approximately 16 other customer disputes between 2008 and 2016 for alleged misrepresentations, unsuitable investments, fraud, breach of fiduciary duty, and negligence.

McCutchen was registered with Berthel, Fisher & Company Financial Services based out of Mobile, AL from January of 2007 to December of 2014. He was previously registered with:

  • NEXT Financial Group, Inc. based out of Mobile, AL
  • FSC Securities Corporation based out of Atlanta, GA
  • Commonwealth Equity Services, Inc. based out of Waltham, MA
  • ProEquities, Inc. based out of Birmingham, AL
  • Walnut Street Securities, Inc. based out of El Segundo, CA
  • MML Investors Services, Inc. based out of Springfield, MA
  • Central Brokerage Services, Inc. based out of Birmingham, AL
  • First Funds Incorporated
  • Bay City Securities, Inc.

If you lost money investing with former Berthel, Fisher & Company Financial Services broker Jerry McCutchen, contact the securities fraud attorneys at Meyer Wilson for a free case consultation today. All of our cases are handled on a contingency fee bases, so you won’t owe any legal fees unless we help you recover your losses.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

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