Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
Investors apparently complained about securities broker Andrew Templeton Murdoch [CRD: 4348536, Portland, Oregon], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Murdoch has been registered with Somerset Securities Inc. since July 16, 2019, and was previously associated with Somerset Wealth Management LLC from August 1, 2019, to August 30, 2022. Continue reading to learn more about the reported disclosures involving this broker.
A client of Somerset Securities Inc. filed FINRA Arbitration No. 24-000137 concerning Andrew Murdoch. The claim alleged that Murdoch recommended an investment in an iCap Equity private placement that was unsuitable, noting that the issuer later filed for bankruptcy on September 12, 2023. As a result, the client reported losses tied to private placements. On March 25, 2024, the firm resolved the matter by paying $150,359.00 to the client.
In another matter, a client of Somerset Securities Inc. challenged Murdoch’s handling of investments through FINRA Arbitration No. 23-03533. The allegations indicate that Murdoch recommended a private placement involving iCap Equities, which subsequently declared bankruptcy on September 12, 2023. The client claimed damages connected to private placements. The firm ultimately settled the dispute on March 25, 2024, with a payment of $20,000 to the client.
Do you have questions or concerns regarding investments you made with Andrew Murdoch? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for many clients throughout the United States. Also, the firm works on a contingency fee basis and advances all costs. Murdoch and brokerage firms Murdoch worked for deny any accusations of sales practice violations.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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