The Law Firm of David Chase, representing defrauded stock market investors nationwide, is reviewing allegations concerning former United Planner’s Financial Services of America stockbroker Jerry Lou Guttman after he was sanctioned by the Financial Industry Regulatory Authority, FINRA, and permanently barred from the securities industry.
In or about November 2017, Jerry Lou Guttman consented, without admitting or denying the findings, to FINRA sanctions and to the entry of FINRA findings that he sold more than $7 million of membership interests in at last six (6) limited liability companies to thirty-one (31) firm customers and seven (7) non-customers without disclosing it first to the firm. FINRA’s findings allege that Jerry Lou Guttman solicited the sales of the limited liability membership interests to firm customers and non-customers, communicated with investors regarding their investments, drafted, distributed and collected the investment agreements from the investors, collected and deposited investor checks into the companies’ accounts, and managed the companies as a managing member.
If you invested with Jerry Lou Guttman and United Planner’s Financial Services of America and have lost money doing so, particularly if such investments involved the purchase of membership interests in private limited liability companies, you may be able to recover some or all of your losses. David Chase, a stockbroker fraud lawyer, is experienced in recovering investor losses due to stockbroker misconduct and mismanagement through the FINRA arbitration process.
FINRA arbitration is a fast, efficient way to attempt to recover your lost investment funds due to unsuitable recommendations. The Law Firm of David Chase, a stockbroker fraud law firm, works on a contingency fee basis, meaning you pay it nothing unless it recovers money for you.
The Law Firm of David Chase represents defrauded investors throughout the country. If you have questions about your ability to recover your investment losses, please contact David Chase for a consultation at firstname.lastname@example.org or toll-free at (800) 760-0912.