George MerhoffPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on May 24, 2019 indicate that former Oregon-based Cetera Advisors broker/adviser George Merhoff, who has received numerous resolved or pending customer complaints, was recently discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is investigating allegations of misconduct against Mr. Merhoff (CRD# 2918171).

George Merhoff has spent 21 years in the securities industry and was most recently registered with Cetera Advisors in Klamath Falls, Oregon (2012-2019). Previous registrations include Pacific West Securities in Klamath Falls, Oregon (1998-2012) and AAG Securities in Cincinnati, Ohio (1997-1998). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 20, 1999; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on August 1, 1997; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 31 (Futures Managed Funds Examination), which he obtained on July 29, 2009; Series 7 (General Securities Representative Examination), which he obtained on November 8, 1999; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on July 31, 1997. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received 20 customer complaints and five pending customer complaints, and he was discharged from his former employer in connection to alleged rule violations

In April 2019 he was terminated from his position at Cetera Advisors in connection to allegations he violated firm policies and procedures by making undisclosed payments to one of the firm’s customers.

In 2019 a customer alleged George Merhoff, while employed at Cetera Advisors, violated Oregon securities law, breached his fiduciary duty, recommended unsuitable investments, breached contract, and acted negligently. The customer is seeking $450,000 in damages in the pending complaint.

In October 2018 a customer alleged George Merhoff, while employed at Cetera Advisors, acted negligently, breached his fiduciary duty, breached contract, and violated Oregon securities law. The customer is seeking $500,000 in damages in the pending complaint.

In 2018 a customer alleged George Merhoff, while employed at Cetera Advisors, recommended an unsuitably un-diversified investment. The complaint settled fro $65,000.

In 2017 a customer alleged he, while employed at Cetera Advisors, violated Oregon securities law, breached his fiduciary duty, violated FINRA rules, and breached contract. The complaint settled for $75,000.

In 2017 a customer alleged he, while employed at Cetera Advisors, breached his fiduciary duty, acted negligently, breached contract, and violated Oregon securities law. The complaint settled for $155,000.

If you or someone you know has a complaint regarding George Merhoff, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.