Berthel

There are Recent Customer Complaints with Broker Rickey Tiedemann in Firm Berthel, Fisher & Company Financial Services, Inc.

March 19, 2025 | by Staff Attorney

Currently financial advisor Rickey Tiedemann (Tiedemann), currently employed by brokerage firm Berthel, Fisher & Company Financial Services, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $35,000.00 on September 16, 2024.

The client alleges the two investments he purchased in 2013 & 2014 were negligent and improper recommendations that left him exposed to unnecessary investment losses in illiquid investment products and non-traded securities.

Broker James Martin in Berthel, Fisher & Company Financial Services, Inc. Firm Has Customer Complaint

March 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Martin (Martin), previously associated with Berthel, Fisher & Company Financial Services, Inc., has at least one disclosable event. These events include one tax lien, alleging that Martin recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 20, 2024.

Without admitting or denying the findings, Martin consented to the sanctions and to the entry of findings that he refused to provide documents and information requested by FINRA in connection with its investigation into the circumstances surrounding a Form U5 filed by his member firm. The findings stated that the firm submitted the Form U5 stating that it had discharged Martin because he borrowed money from a client.

Broker Joseph Weinbauer in Berthel, Fisher & Company Financial Services, Inc. Firm Has Customer Complaint

February 15, 2025 | by Staff Attorney

Currently financial advisor Joseph Weinbauer (Weinbauer), currently employed by brokerage firm Berthel, Fisher & Company Financial Services, Inc. has been subject to at least 2 disclosable events. These events include 2 customer complaints. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint on January 13, 2025.

The claimants allege that the Firm and representative failed to make a suitable recommendation and over-concentrated claimants account in alternative investments and private placements in October 2014. The claimants further allege that the Firm and representative misrepresented the investments and induced the claimants to retain the investment and caused them to suffer a loss.

Broker Daniel Lovercheck in Berthel, Fisher & Company Financial Services, Inc. Firm Has Customer Complaint

February 15, 2025 | by Staff Attorney

Previously financial advisor Daniel Lovercheck (Lovercheck), previously employed by brokerage firm Berthel, Fisher & Company Financial Services, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint on January 13, 2025.

The claimant alleges that the Firm and representative failed to make a suitable recommendation and over-concentrated claimants account in alternative investments and private placements in 2014. The claimant further allege that the Firm and representative misrepresented the investments and induced the claimant to retain the investment and caused them to suffer a loss.

Broker Kurt Stahl in Berthel, Fisher & Company Financial Services, Inc. Firm Has Customer Complaint

February 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kurt Stahl (Stahl), previously associated with Berthel, Fisher & Company Financial Services, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Stahl recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,750,000.00 on November 20, 2024.

Breach of fiduciary duty, negligence, negligent misrepresentation, intentional misrepresentations/omissions, breach of contract, violation of florida securities and investor protection act.