Advisor Alert: Our Attorneys Are Investigating Matthew Jay Kutcher For Investment Fraud
Did You Lose Money Because of Matt Kutcher?
Filed: March 4, 2024
Matthew Kutcher (also known as Matt Kutcher) currently has two (2) pending customer complaints. Overall, he has been the subject of four (4) 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 Matthew Jay Kutcher.
Who Is Matthew Jay Kutcher of Wells Fargo Clearing Services, LLC?
- Advisor Name: Matthew Jay Kutcher
- Aliases: Matt Kutcher
- CRD: 2456469
- Location: Palm Beach, Florida
- Current Employer: Wells Fargo Clearing Services, LLC
- Previous Firms: J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC
- Number of Known Customer Complaints: 4
- Can Matthew Kutcher Be Sued: Yes, in Private Arbitration
- Can Matthew Kutcher’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,000,000
- Highest Settlement: $350,000
If you have suffered investment losses by Matthew Kutcher, 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 Matt Kutcher For Broker Misconduct
As of this publication date, Matthew Kutcher has been the subject of 4 customer disputes. Let’s review them below.
In November 2023, a FINRA arbitration was filed against or in reference to Matthew Kutcher by multiple customers of Wells Fargo Clearing Services, LLC alleging that during an unspecified period of time, unsuitable investments were made. As of this publication date, this claim remains pending.
In November 2023, a FINRA arbitration was filed against or in reference to Matthew Kutcher by a customer of Wells Fargo Advisors, LLC alleging unsuitable investment recommendations were made resulting in alleged losses. The customer complained that Mr. Kutcher did not follow instructions regarding discretionary accounts to only invest in money market funds and Treasuries. As of this publication date, this claim remains pending.
In August 2008, a complaint was filed against or in reference to Matthew Kutcher by a customer of Citibank alleging unsuitability from December 2007 through March 2008. Per the customer, he/she lost over $1,000,000 because of Mr. Kutcher’s actions. On August 18, 2008, Mr. Kutcher settled the claim for $350,000, and some or all of this amount may have been paid by Mr. Kutcher’s employer and/or insurance carrier.
In May 2008, a complaint was filed against or in reference to Matthew Kutcher by a customer of CitiGroup Global Markets Inc. alleging that products were unsuitable.
How To File A Claim Against Matt Kutcher of Wells Fargo Clearing Services, LLC (previously with J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC) To Get Your Money Back
If you have questions about Matt Kutcher, Wells Fargo Clearing Services, LLC, J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, 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.