Financial Advisor George Oldoerp (H. Beck, Inc.) Customer Complaints

The Wolper Law Firm, P.A. is currently investigating claims against George Oldoerp, a former Financial Advisor at H. Beck, Inc. in Corona, California.  George Oldoerp first entered the securities industry in the 1980s and has been employed by H. Beck, Inc.

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), on April 12, 2018, George Oldoerp was suspended by FINRA for failing to provide information in response to a subpoena request.  FINRA has indicated that it will convert the suspension into a permanent bar unless George Oldoerp complies with the request for information.


In addition, in November 2017, a customer filed a complaint against George Oldoerp, alleging “Registered Representative recommended unsuitably illiquid direct investments including equipment leasing, oil and gas, BDC and non-traded REIT securities. Date of Activity -8/27/2003-11/7/2017.”  The alleged damages ae $500,000 and the matter remains pending.

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.

If you or someone you know was a customer of George Oldoerp and you experienced investment losses, please contact the Wolper Law Firm, P.A. at 800.931.8452 or by email at mwolper@wolperlawfirm.com to discuss your specific situation and the legal options available.  The Wolper Law Firm, P.A. represents investors nationwide in securities litigation and arbitration.

Matt Wolper, the Managing Principal of the Wolper Law Firm, P.A., is a trial lawyers 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.  His industry insight, experience and knowledge gives his clients a competitive advantage.

Attorney Matthew Wolper

Attorney Matthew WolperMatt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]