Gerry Nemetz is a Missouri based securities broker. He has worked in the securities industry for thirty-eight years. During his career, he has been registered with seven different securities firms.
His registrations include; E.F. Hutton & Company (1980-1988), Lehman Brothers (1988-1990), Blunt Ellis & Loewi Incorporated (1990), Everen Securities (1990-1993), CIBC World Markets Corp. (1993-2001), Sitfel, Nicolaus & Company Inc. (2001-2016), and LPL Financial (2016-Present).
Gerry Nemetz’ publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In June 1999, a customer alleged that Nemetz recommended unsuitable securities. This case went to arbitration where the customer was awarded $18,850 in damages.
In August 1999, a customer alleged unsuitable investment recommendations and negligence against Gerry Nemetz. This case was settled for $33,850 in damages.
In December 2017, customers alleged unsuitable investment recommendations and over-concentration. This case is currently pending. The customer is seeking $322,000 in damages.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Gerry Nemetz, please contact Oakes & Fosher for a free and private consultation.