Recovery of Investment Losses with Jerry McCutchen
Have you suffered losses investing with former financial advisor Jerry McCutchen? If so, The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
According to FINRA, Jerry McCutchen was permanently barred from the securities industry in September 2016. FINRA staff allegedly sent a written request to McCutchen to appear for on-the-record testimony in connection with an investigation into allegations that McCutchen made unsuitable recommendations to customers with regard to the purchase of certain alternative investments. Jerry McCutchen allegedly acknowledges that he received FINRA’s request and will not appear for on-the-record testimony.
According to FINRA BrokerCheck, McCutchen was registered with Berthel, Fisher & Company in Mobile, AL from 01/2007 – 12/2014. He has 31 disclosures listed on his broker report.
For FINRA’s full findings see FINRA Case #2015048347401.
Failure to Supervise?
The White Law Group continues to investigate the liability that McCutchen’s employers may have for losses sustained by his clients. Brokerage firms are required to supervise their advisors to ensure that they are complying with FINRA rules. If it can be determined that McCutchen violated FINRA rules and his employers failed to adequately supervise him, these firms can be held responsible for any resulting losses in a FINRA arbitration claim.
The foregoing information, which is all publicly available on FINRA’s website, is being provided by The White Law Group. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.
For more information on the firm and it’s representation of investors, visit www.whitesecuritieslaw.com.
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