Cort Meinelschmidt (CRD #: 4757304), an investment adviser registered with Sentinel Capital Solutions, is involved in a dispute regarding the Hard Rock Drilling Program, according to his Investment Adviser Public Disclosure record, accessed on April 23, 2021. This is his fourth investor dispute.

Hard Rock Drilling Disputes

On March 26, 2021, an investor alleged that Cort Meinelschmidt breached his fiduciary duty in relation to the Hard Rock 2014 Drilling Program. Registered investment advisers have an obligation to only recommend investments that fit their needs, and oil and gas investments are inherently high risk. The investor is seeking $75,000; the dispute is pending.

There is another dispute on his record related to the Hard Rock Drilling Program. On February 20, 2019, an investor alleged that Cort Meinelschmidt breached his fiduciary duty and engaged in negligence when he recommended shares of Hard Rock Partners 2012 Drilling Program. The investor sought $55,000; the dispute settled for $11,000.

Disputes Involving Annuities

There are two investor disputes on Meinelschmidt’s record that involve annuities.

On October 12, 2011, an investor allege he failed to put the money from an IRA annuity into a retirement account. The investor states the money was supposed to be rolled over.

On July 22, 2010, an investor alleged that Cort Meinelschmidt misrepresented an annuity as guaranteed. The investor further alleged that Meinelschmidt told him he could start withdrawing money at 59 but did not mention penalties. The dispute was denied by the firm, which simply means that the firm did not agree their representative engaged in misconduct. Investors can still pursue arbitration following a denial.

Cort Meinelschmidt has passed the Series 66 Uniform Combined State Law Examination, the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, and the Series 7 General Securities Representative Examination. He is a registered investment adviser in Maryland.

Cort Meinelschmidt has worked for the following firms:

  • Capital Investment Group (CRD #: 14752)
  • WFG Advisors LP (CRD #: 125073)
  • WFG Investments (CRD #: 22704)
  • LPL Financial (CRD #: 6413)
  • Edward Jones (CRD #: 250)

If you worked with Cort Meinelschmidt and you have questions about the suitability of your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email info@fkesq.com for a free case consultation.

Leave a Comment