Advisor Alert: Our Attorneys Are Investigating George Craig Merhoff Jr. For Investment Fraud

Chetan Patil on November 20, 2023

Did You Lose Money Because of George Merhoff Jr.?

Filed: November 15, 2023

George Merhoff Jr. currently has two (2) pending customer complaints and two (2) pending judgment/lien events. Overall, he has been the subject of three (3) regulatory events, one (1) termination event, two (2) criminal events, two (2) judgment/lien events, and fifty (50) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on George Craig Merhoff Jr.

Who Is George Craig Merhoff Jr.?

  • Advisor Name: George Craig Merhoff Jr.
  • Aliases: George Merhoff Jr.
  • CRD: 2918171
  • Location: Klamath Falls, Oregon
  • Current Employer: No Longer Allowed to Practice in the Securities Industry
  • Previous Firms: Cetera Advisors LLC, Pacific West Securities, Inc., and AAG Securities, Inc.
  • Number of Known Customer Complaints: 50
  • Number of Known Regulatory Events: 3
  • Number of Known Termination Events: 1
  • Number of Known Criminal Events: 2
  • Number of Known Judgment/Lien Events: 2
  • Can George Merhoff Jr. Be Sued: Yes, in Private Arbitration
  • Can George Merhoff Jr.’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $4,656,000
  • Highest Settlement: $2,900,000

If you have suffered investment losses by George Merhoff Jr., we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against George Merhoff Jr. For Broker Misconduct

As of this publication date, George Merhoff Jr. has been the subject of 3 regulatory events, 1 termination event, 2 criminal events, 2 judgment/lien events, and 50 customer disputes. Let’s review them below.

In April 2021, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by multiple customers of Cetera Advisors LLC alleging that Mr. Merhoff Jr. over concentrated clients’ accounts with high risk and unsuitable stocks. On December 15, 2021, Mr. Merhoff Jr. settled the claim for $125,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In September 2020, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investment recommendations. Per the customer, he/she lost over $100,000 because of Mr. Merhoff Jr.’s actions. On December 10, 2021, Mr. Merhoff Jr. settled the claim for $180,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In September 2020, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investment recommendations. Per the customer, he/she lost over $100,000 because of Mr. Merhoff Jr.’s actions. On November 17, 2021, Mr. Merhoff Jr. settled the claim for $80,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In August 2020, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investment recommendations. Per the customer, he/she lost over $100,000 because of Mr. Merhoff Jr.’s actions. On January 5, 2022, Mr. Merhoff Jr. settled the claim for $90,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In June 2020, a complaint was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investment recommendations. Per the customer, he/she lost over $45,000 because of Mr. Merhoff Jr.’s actions. On October 2, 2020, Mr. Merhoff Jr. settled the claim for $14,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In April 2020, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging breach of fiduciary duties, negligent misrepresentations, common law fraud, and breach of contract. Per the customer, he/she lost over $500,000 because of Mr. Merhoff Jr.’s actions. On November 5, 2021, Mr. Merhoff Jr. settled the claim for $390,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In April 2020, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging breach of fiduciary duties, negligence, negligent misrepresentations, fraud, and breach of contract. On November 5, 2021, Mr. Merhoff Jr. settled the claim for $235,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In April 2020, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investments, fraud, negligence, fraudulent misrepresentations, breach of fiduciary duty, and violation of FINRA rules. On July 27, 2021, Mr. Merhoff Jr. settled the claim for $35,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In February 2020, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging breach of fiduciary duty, unsuitable investment recommendations, violation of FINRA’s rule 3110, negligence, and breach of contract. Per the customer, he/she lost over $43,000 because of Mr. Merhoff Jr.’s actions. On June 10, 2020, Mr. Merhoff Jr. settled the claim for $11,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In January 2020, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging breach of fiduciary duty, negligence, fraud, and breach of contract. Per the customer, he/she lost over $500,000 because of Mr. Merhoff Jr.’s actions. On January 5, 2022, Mr. Merhoff Jr. settled the claim for $115,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In January 2020, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging breach of fiduciary duty, negligence, fraud, and breach of contract. Per the customer, he/she lost over $500,000 because of Mr. Merhoff Jr.’s actions. On January 5, 2022, Mr. Merhoff Jr. settled the claim for $435,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In January 2020, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging breach of fiduciary duty,  unsuitable recommendations, violation of FINRA rules, negligence, breach of contract, well managed theory of damages. Per the customer, he/she lost over $35,000 because of Mr. Merhoff Jr.’s actions. On June 24, 2020, Mr. Merhoff Jr. settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In December 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging Violation of Oregon and FINRA regulations, breach of fiduciary duty, unsuitable recommendations, negligence, and breach of contract. Per the customer, he/she lost over $460,000 because of Mr. Merhoff Jr.’s actions. On February 23, 2021, Mr. Merhoff Jr. settled the claim for $25,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In October 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging Violation of Oregon Securities Law, Breach of Fiduciary Duty, unsuitable Investments, Violation of FINRA Rules, Negligence, and Breach of Contract. Per the customer, he/she lost over $325,000 because of Mr. Merhoff Jr.’s actions. On February 5, 2021, Mr. Merhoff Jr. settled the claim for $22,500, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In September 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, and violation of Oregon securities law. Per the customer, he/she lost over $100,000 because of Mr. Merhoff Jr.’s actions. On November 13, 2020, Mr. Merhoff Jr. settled the claim for $15,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In September 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging Violation of Oregon Securities Law, violation of California Corporation Code, and Negligence. Per the customer, he/she lost over $610,970 because of Mr. Merhoff Jr.’s actions. On December 30, 2020, Mr. Merhoff Jr. settled the claim for $270,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In July 2019, a complaint was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging incurred investment losses due to over-concentration. As of this publication date, this claim remains pending.

In July 2019, a complaint was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging incurred investment losses due to over-concentration. On September 17, 2020, Mr. Merhoff Jr. settled the claim for $65,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In June 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, violations of Oregon and FINRA rules, unsuitable investments, breach of contract, common law fraud, and poor performance. Per the customer, he/she lost over $350,000 because of Mr. Merhoff Jr.’s actions. On November 13, 2020, Mr. Merhoff Jr. settled the claim for $25,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In June 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging breach of fiduciary duty, fraud, material omissions of fact, breach of contract, professional negligence, violation of Oregon and SEC securities laws. On September 3, 2020, Mr. Merhoff Jr. settled the claim for $86,075.64, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In June 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, and violation of Oregon Securities Law. Per the customer, he/she lost over $250,000 because of Mr. Merhoff Jr.’s actions. On April 28, 2020, Mr. Merhoff Jr. settled the claim for $15,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In June 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, and violation of Oregon Securities Law. Per the customer, he/she lost over $300,000 because of Mr. Merhoff Jr.’s actions. On August 26, 2020, Mr. Merhoff Jr. settled the claim for $50,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In June 2019, FINRA initiated a regulatory action against or in reference to George Merhoff Jr. Without admitting or denying the findings, Merhoff consented to the sanction and to the entry of findings that he 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.

In April 2019, Cetera Advisors LLC terminated George Merhoff Jr. for violating firms policies and procedures by making undisclosed payments to a customer of the firm.

In April 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence and breach of fiduciary. Per the customer, he/she lost over $150,000 because of Mr. Merhoff Jr.’s actions. On June 10, 2020, Mr. Merhoff Jr. settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In April 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence and breach of fiduciary. Per the customer, he/she lost over $100,000 because of Mr. Merhoff Jr.’s actions. On June 24, 2020, Mr. Merhoff Jr. settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In April 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence and breach of fiduciary. Per the customer, he/she lost over $100,000 because of Mr. Merhoff Jr.’s actions. On April 28, 2020, Mr. Merhoff Jr. settled the claim for $15,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In March 2019, Oregon Division of Financial Regulation initiated a regulatory action against or in reference to George Merhoff Jr. for making undisclosed payments to clients. He acknowledged in the firm’s investigation that he made payments to many clients over a number of years for tens of thousands of dollars, none of which was reported. Merhoff subsequently refused to provide documents and information in FINRA’S investigation, resulting in a permanent industry bar. Oregon had a prior consent order in Oregon for negligently failing to ensure that his clients understood the long-term implications of their investment strategies..

In February 2019, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging Violations of Oregon Securities Laws and FINRA Rules, breach of fiduciary duty, unsuitable investments, negligence, breach of contract. Per the customer, he/she lost over $45,000 because of Mr. Merhoff Jr.’s actions. On March 13, 2020, Mr. Merhoff Jr. settled the claim for $15,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In October 2018, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging violation of Oregon securities law, breach of fiduciary duty, unsuitable investment recommendations, violation of NASD and FINRA rules, negligence, and breach of contract. Per the customer, he/she lost over $306,635 because of Mr. Merhoff Jr.’s actions. As of this publication date, this claim remains pending.

In October 2018, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty and contract, and violation of Oregon Securities Law. Per the customer, he/she lost over $500,000 because of Mr. Merhoff Jr.’s actions. On January 13, 2020, Mr. Merhoff Jr. settled the claim for $12,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In October 2018, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging Violation of Oregon Securities Law, Breach of Fiduciary Duty, Unsuitable Investment Recommendations, Violation of NASD and FINRA Rules, and Negligence. Per the customer, he/she lost over $306,635 because of Mr. Merhoff Jr.’s actions. On March 13, 2020, Mr. Merhoff Jr. settled the claim for $99,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In September 2018, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investment by lack of diversity. Per the customer, he/she lost over $76,795 because of Mr. Merhoff Jr.’s actions. On December 18, 2018, Mr. Merhoff Jr. settled the claim for $65,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In August 2018, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, and breach of contract. Per the customer, he/she lost over $100,000 because of Mr. Merhoff Jr.’s actions. On August 12, 2019, Mr. Merhoff Jr. settled the claim for $20,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In June 2018, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging Violation of Oregon and FINRA Securities Rules, Breach of Fiduciary Duty, Unsuitable Investment Recommendations, Negligence, and Breach of Contract. Per the customer, he/she lost over $35,562 because of Mr. Merhoff Jr.’s actions. On October 26, 2018, Mr. Merhoff Jr. settled the claim for $14,500, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In April 2018, George Merhoff Jr. was the subject of a civil judgment or lien in the amount of $15,948.87. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

In September 2017, a complaint was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging Negligence, Breach of Fiduciary Duty, Breach of Contract. and Violation of Oregon Securities Law. Per the customer, he/she lost over $50,000 because of Mr. Merhoff Jr.’s actions. On December 6, 2017, Mr. Merhoff Jr. settled the claim for $4,200, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In August 2017, Oregon Department Consumer and Business Services, Division of Financial Regulation (DFR) initiated a regulatory action against or in reference to George Merhoff Jr. for alleged violation of “unfair” conduct and failure to supervise. Cetera Advisors, LLC and Mr. Merhoff neither admitted nor denied the allegations.

In July 2017, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging Violations of Oregon Securities Law, Breach of Fiduciary Duty, Violation of FINRA rules, and Breach of Contract. Per the customer, he/she lost over $175,000 because of Mr. Merhoff Jr.’s actions. On October 29, 2018, Mr. Merhoff Jr. settled the claim for $75,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In June 2017, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, breach of contract, violation of Oregon Securities law. Per the customer, he/she lost over $500,000 because of Mr. Merhoff Jr.’s actions. On September 20, 2018, Mr. Merhoff Jr. settled the claim for $155,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In May 2017, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable recommendations, violations of common law fraud, breach of fiduciary duty, and negligence. On June 11, 2018, Mr. Merhoff Jr. settled the claim for $15,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In April 2017, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, and breach of contract. Per the customer, he/she lost over $200,000 because of Mr. Merhoff Jr.’s actions. On April 4, 2018, Mr. Merhoff Jr. settled the claim for $50,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In April 2017, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, negligent supervision, and breach of contract. Per the customer, he/she lost over $100,000 because of Mr. Merhoff Jr.’s actions. On April 4, 2018, Mr. Merhoff Jr. settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In March 2017, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging breach of fiduciary duty, negligence, and Oregon securities law violations. Per the customer, he/she lost over $140,000 because of Mr. Merhoff Jr.’s actions. On November 27, 2017, Mr. Merhoff Jr. settled the claim for $135,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In September 2016, George Merhoff Jr. was the subject of a civil judgment or lien in the amount of $139,078.02. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

In July 2016, a complaint was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investments, common law fraud, breach of contract, breach of fiduciary duty, violation of Oregon securities law. Per the customer, he/she lost over $100,000 because of Mr. Merhoff Jr.’s actions. On November 2, 2017, Mr. Merhoff Jr. settled the claim for $15,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In July 2016, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitability, common law fraud, breach of contract and fiduciary duty, and violations of Oregon securities law. On November 9, 2017, Mr. Merhoff Jr. settled the claim for $20,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In June 2016, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, and breach of contract. Per the customer, he/she lost over $60,000 because of Mr. Merhoff Jr.’s actions. On May 17, 2017, Mr. Merhoff Jr. settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In May 2016, a  FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, and breach of contract. Per the customer, he/she lost over $150,000 because of Mr. Merhoff Jr.’s actions. On May 17, 2017, Mr. Merhoff Jr. settled the claim for $65,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In April 2016, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging negligence, breach of fiduciary duty, and breach of contract. Per the customer, he/she lost over $50,000 because of Mr. Merhoff Jr.’s actions. On June 27, 2017, Mr. Merhoff Jr. settled the claim for $20,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In March 2016, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging breach of fiduciary duty, negligence, and Oregon securities law violations. Per the customer, he/she lost over $4,656,000 because of Mr. Merhoff Jr.’s actions. On June 27, 2017, Mr. Merhoff Jr. settled the claim for $2,900,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In March 2016, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investments which resulted in portfolio decline.

In February 2016, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investments and issues with the money market fund. On April 4, 2018, Mr. Merhoff Jr. settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In February 2016, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investments and poor performance. Per the customer, he/she lost over $900,000 because of Mr. Merhoff Jr.’s actions. On June 27, 2017, Mr. Merhoff Jr. settled the claim for $290,000, and some or all of this amount may have been paid by Mr. Merhoff Jr.’s employer and/or insurance carrier.

In February 2016, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investment.

In December 2015, a FINRA arbitration was filed against or in reference to George Merhoff Jr. by a customer of Cetera Advisors LLC alleging unsuitable investments.

In March 1994, felony charges were pressed against George Merhoff Jr. in Benton County Circuit Court for Oregon. George Merhoff Jr. received 4 counts of felony related to theft; 2 of these charges were reduced to misdemeanor and 2 were dismissed.  In May of 1994, Mr. Merhoff Jr. was sentenced to misdemeanor conviction, a fine of $1169.50, 6 days of work crew, and 40 hours of community service along with alcohol counseling and probation.

In March 1994, felony charges were pressed against George Merhoff Jr. in Klamath County, State of Oregon. George Merhoff Jr. received 2 felony counts for theft in 1st degree (class c felony), and burglary in the 2nd degree (class c felony).  In July of 1994, Mr. Merhoff Jr. was convicted of misdemeanor, given probation until community service completed, fined with supervision fees and alcohol counseling.

How To File A Claim Against George Merhoff Jr. (previously with Cetera Advisors LLC, Pacific West Securities, Inc., and AAG Securities, Inc.) To Get Your Money Back.

If you have questions about George Merhoff Jr., Cetera Advisors LLC, Pacific West Securities, Inc., AAG Securities, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.