George Craig Merhoff, Jr. Allegedly Engaged in Negligence, Breach of Fiduciary Duty, Made Unsuitable Investments, & Took Part in Breach of Contract

George Craig Merhoff, Jr. allegedly engaged in negligence and breach of fiduciary duty, according to a Pending Customer Dispute under review by investor rights attorney Alan Rosca.

The aforementioned dispute was filed on April 1, 2019, FINRA states, and damages of $100,000 have been requested.

Merhoff also allegedly engaged in violations of Oregon Securities Laws and FINRA rules, breach of fiduciary duty, unsuitable investments, negligence, and breach of contract, according to a Pending Customer Dispute. Said dispute was filed on February 4, 2019, FINRA states, and damages of $450,000 have been requested.

Yet another Pending Customer Dispute alleges that Merhoff took part in negligence, breach of fiduciary duty and breach of contract, and violation of Oregon Securities Law. Said Dispute was filed on October 29, 2018, and damages of $500,000 have been requested.

Merhoff also allegedly made violations of Oregon Securities law, as well as breach of fiduciary duty, unsuitable investment recommendations, violation of NASD and FINRA Rules, negligence, and breach of contract, according to another Pending Customer Dispute. Said dispute was filed on October 3, 2018, FINRA states, and damages of $$306,635.00 have been requested.

Still another Pending Customer Dispute alleges that Merhoff took part in negligence, breach of fiduciary duty and breach of contract. Said Dispute was filed on August 29, 2018, and damages of $100,000 have been requested.

Investor rights attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to George Craig Merhoff, Jr.’s alleged engagement in negligence, breach of fiduciary duty, unsuitable investments, and breach of contract. Investors who believe they may have lost money in activity related to George Craig Merhoff, Jr.’s alleged engagement in negligence, breach of fiduciary duty, unsuitable investments, and breach of contract are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

George Craig Merhoff, Jr. Discharged by Cetera Advisors LLC after Alleged Violations of Firm Policy; Merhoff, Jr. Has 31 Disclosures on His FINRA BrokerCheck Report

George Craig Merhoff, Jr. has also been discharged by Cetera Advisors, LLC after allegations emerged that he violated firm policies, according to an Employment Separation After Allegation Disclosure filed on Merhoff’s FINRA BrokerCheck Report.

Said Disclosure was filed on April 3, 2019, FINRA notes.

George Craig Merhoff, Jr. has a total of 31 disclosures on his FINRA BrokerCheck Report during his 21 years in the securities industry, FINRA states. Merhoff has worked at the following firms:

  • Cetera Advisors LLC, Klamath Falls, Oregon— February 28, 2012 to April 5, 2019
  • Pacific West Securities, Inc., Klamath Falls, Oregon— June 29, 1998 to February 28, 2012
  • AAG Securities, Inc., Cincinnati, Ohio— September 19, 1997 to March 12, 1998

George Craig Merhoff, Jr also settled a Customer Dispute which had alleged unsuitable investment by lack of diversity, FINRA states. Said Disclosure was filed on September, 10 2018, FINRA notes, had requested damages of $76,795.00, and was ultimately settled for $65,000.00.

Merhoff settled another Customer Dispute which had alleged violation of Oregon and FINRA securities rules, breach of fiduciary duty, unsuitable investment recommendations, negligence, and breach of contract, FINRA reports.

Said Disclosure was filed on June 11, 2018, FINRA notes, had requested damages of $35,562.00, and was ultimately settled for $14,500.00.

George Craig Merhoff, Jr also settled a Customer Dispute which had alleged negligence, breach of fiduciary duty, breach of contract, and violation of Oregon Securities Law, FIRNA reports. The aforementioned Disclosure was filed on September, 2017, FINRA notes, had requested damages of $50,000.00, and was ultimately settled for $4,200.

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints mentioned in this article, unless otherwise indicated.

Securities Lawyer Investigating

The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating George Craig Merhoff, Jr.’s alleged engagement in negligence, breach of fiduciary duty, unsuitable investments, and breach of contract. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of George Craig Merhoff, Jr.’s alleged engagement in negligence, breach of fiduciary duty, unsuitable investments, and breach of contract may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at rosca@lawgsp.com, or through the contact form on this webpage.

filed under: Investigations

Tags: , , ,

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent updates regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases. Also, the brokercheck report linked to some of our blogs is the up-to-date version as of the date of posting. Visitors may check the most recent version of each brokercheck report at www.finra.org.