1.800.931.8452
We can help recover your investment loss. Free consultations, always. CONTACT US

Barred Financial Advisor, George Merhoff, Has Twenty-Seven Customer Complaints, Including Seven Pending Complaints, Alleging Sales Practice Violations

George C. Merhoff, Jr. was a Financial Advisor at Cetera Advisors LLC and Pacific West Securities, Inc. in Klamath Falls, OR, and at AAG Securities, Inc. in Cioncinnati, OH.  George Merhoff entered the securities industry in 1997. 

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), George Merhoff has twenty-seven customer complaints, alleging sales practice violations, including seven pending complaints.  In addition, George Merhoff has been the subject of multiple regulatory actions, which has resulted in him being barred from the securities industry. 

In June 2019, George Merhoff “failed to provide documents and information requested by FINRA in connection with its review of his issuance of consolidated account reports to customers and his making of undisclosed payments to customers.”  FINRA barred George Herhoff indefinitely from acting as a broker or otherwise associating with a broker-dealer firm. 

For a copy of the FINRA sanction, click http://www.finra.org/sites/default/files/fda_documents/2018057331001%20George%20C.%20Merhoff%20CRD%202918171%20AWC%20va%20.pdf

In August 2017, the Oregon Department of Consumer and Business Services, Division of Financial Regulation, sanctioned George Merhoff and his firm $70,000.      

In addition to the regulatory events, Gabriel Block has been the subject of numerous customer complaints, including the following:

  • April 2019 – “Negligence and Breach of Fiduciary Duty.”  Alleged damages are $150,000, and the matter is currently pending.
  • February 2019 – “Violations of Oregon Securities Laws and FINRA rules, Breach of Fiduciary Duty, Unsuitable Investments, Negligence, Breach of Contract.”  The customer alleges $450,000 in damages, and the matter is currently pending.
  • October 2018 – “Neligence, Breach of Fiduciary Duty and Contract, and Violation of Oregon Securities Law.”  Alleged damages are $500,000. 
  • October 2018 – “Violation of Oregon Securities Law, Breach of Fiduciary Duty, Unsuitable Investment Recommendations, Violation of NASD And FINRA Rules, Negligence, and Breach of Contract.”  Alleged damages are $306,635.

George Merhoff had a $15,948.87 tax lien in April 2018, and another $139,078.02 tax lien in September 2016.  For a copy of George Merhoff’s CRD, click https://brokercheck.finra.org/individual/summary/2918171.

Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients.  To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.

The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis.  Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities.  Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.  We can be reached at 800.931.8452 or by email at mwolper@wolperlawfirm.com.

Now is the time to talk to an investment loss recovery lawyer. We can help recover your investment loss. Free consultations, always.

Main Office - Fort Lauderdale

1250 S. Pine Island Road
Suite 325
Plantation, FL 33324
Phone: (866) 330-5167
(954)-406-1231

We represent clients nationwide, including, but not limited to: Miami, Boca Raton, West Palm Beach, Sarasota, Tampa, Stuart, St. Petersburg, Vero Beach, Orlando, Jacksonville, Austin, Houston, Dallas, Washington DC, Charlotte, Boston, Baltimore, Phoenix, Scottsdale, Las Vegas, Los Angeles, San Diego, San Francisco, Chicago, Seattle, Portland, Denver, Salt Lake City, Fargo, Atlanta, Little Rock, Newark and St. Louis

Additional Office Locations (by appointment only)

Atlanta

3355 Lenox Road
Suite 7
Atlanta, GA 30326

Indianapolis

13295 N. Illinois St.
Suite 314
Indianapolis, IN 46032

New York City

275 Madison Avenue
Suite 705
New York, NY 10016

Dallas

3102 Maple Ave.
Suite 400
Dallas, TX 75201

Irvine

2600 Michelson Drive
Suite 1700
Irvine, CA 92612

Portland

5933 NE Win Sivers Drive
Suite 205
Portland, OR 97220

Denver

7900 E. Union Ave.
Suite 1100
Denver, CO 80237

Naperville

1700 Park Street
Suite 103
Naperville, IL 60563

Seattle

1001 Fourth Ave.
#3200
Seattle, WA 98154

We represent clients nationwide, including, but not limited to: Miami, Boca Raton, West Palm Beach, Sarasota, Tampa, Stuart, St. Petersburg, Vero Beach, Orlando, Jacksonville, Austin, Houston, Dallas, Washington DC, Charlotte, Boston, Baltimore, Phoenix, Scottsdale, Las Vegas, Los Angeles, San Diego, San Francisco, Chicago, Seattle, Portland, Denver, Salt Lake City, Fargo, Atlanta, Little Rock, Newark and St. Louis