Advisor Alert: Our Attorneys Are Investigating Louis Stephen Nemeth Jr. For Investment Fraud
Did You Lose Money Because of Louis Nemeth Jr.?
Filed: March 12, 2024
Louis Nemeth Jr. has been the subject of one (1) customer complaint. 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 Louis Stephen Nemeth Jr..
Who Is Louis Stephen Nemeth Jr. of Grove Point Investments, LLC and Grove Point Advisors, LLC?
- Advisor Name: Louis Stephen Nemeth Jr.
- Aliases: Louis Stephen Nemeth Jr
- Location: Bethlehem, Pennsylvania
- Current Employer: Grove Point Investments, LLC and Grove Point Advisors, LLC
- Previous Firms: H. Beck, Inc. and Transamerica Financial Advisors, Inc.
- Number of Known Customer Complaints: 1
- Can Louis Nemeth Jr. Be Sued: Yes, in Private Arbitration
- Can Louis Nemeth Jr.’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $50,000
- Highest Settlement: $25,000
If you have suffered investment losses by Louis Nemeth 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 Louis Nemeth Jr. For Broker Misconduct
As of this publication date, Louis Nemeth Jr. has been the subject of 1 customer dispute. Let’s review it below.
In February 2023, a complaint was filed against or in reference to Louis Nemeth Jr. by multiple customers of Grove Point Investments, LLC alleging unsuitable and unauthorized investment in a penny stock. Per the customer, he/she lost over $50,000 because of Mr. Nemeth’s actions. On March 30, 2023, Mr. Nemeth settled the claim for $25,000, and some or all of this amount may have been paid by Mr. Nemeth’s employer and/or insurance carrier.
How To File A Claim Against Louis Nemeth Jr. of Grove Point Investments, LLC and Grove Point Advisors, LLC (previously with H. Beck, Inc. and Transamerica Financial Advisors, Inc.) To Get Your Money Back
If you have questions about Louis Nemeth Jr., Grove Point Investments, LLC, Grove Point Advisors, LLC, H. Beck, Inc., Transamerica Financial Advisors, 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.