July 24, 2021

Jeff Meyers Facing Cetera, JP Turner Investor Disputes

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Investors File Disputes About Securities Broker Jeff Meyers

The Financial Industry Regulatory Authority (“FINRA”) reports six disclosures on the BrokerCheck record of securities broker Jeffrey “Jeff” Gerard Meyers (CRD#: 2192759, Overland Park, Kansas). One of these disputes concerns Meyers’ sales practices at Cetera Advisor Networks, where he works as a securities broker since 2019. It appears that Meyers is also a financial advisor of Cetera Advisor Network (2021 to present) and Cetera Investment Advisers (2015 to present). Other investor disputes concern Meyers’ actions at prior securities firms, JP Turner and QA3 Financial. Here’s a summary of these disclosures.

Jeff Meyers’ Cetera Advisor Networks Client Alleges Unsuitable REIT

Evidently, a client of Cetera Advisor Networks brought a dispute about Jeff Meyers in June 2021. Particularly, the client alleged that Meyers sold an unsuitable REIT. It appears that this non-liquid REIT unperformed and caused the client to experience damages. For this reason, the client asked for compensation. This suitability dispute is currently ongoing.

JP Turner Client Alleges Unsuitable Recommendations Of DPP, LP

Before working for Cetera, Jeff Meyers was a securities broker and financial advisor for JP Turner. Evidently, a client of that firm brought a dispute about Meyers’ sales practices. Specifically, in this October 2020 complaint, they contended that the securities broker recommended unsuitable alternative investments. It appears that the client sustained damages on direct investments (DPPs, LPs) and REITs. For this reason, the Cetera investor seeks compensation in this pending matter.

Jeff Meyers’ QA3 Financial Client Alleges Misrepresentation Relating To Provident Shale

Also, a client of QA3 – Jeff Meyers’ prior employer – brought a dispute about a Provident Shale investment. Particularly, the client claimed that the securities broker misrepresented information regarding the investment. Supposedly, the client experienced $100,000 in damages because of this. However, QA3 denied the dispute.

Meyers Involved In QA3 Investor’s Dispute Alleging Breach Of Fiduciary Duty, Breach Of Contact

Evidently, a second client of QA3 took issue with Jeff Meyers’ sales practices. In this FINRA Arbitration Claim, the client first alleged negligence relating to Provident Shale. Secondly, the securities broker supposedly made misrepresentations in regard to investing in the security. Finally, the client claimed that the securities firm or Meyers breached both a fiduciary duty and breached a contract. Although the client asked for $75,000 in compensation, the securities firm denied this investor’s claim.

Did You Lose Money By Investing Through Jeff Meyers?

Did Jeff Meyers cause you to incur investment losses? If so, call Soreide Law Group at (888) 760-6552 and speak with an experienced securities lawyer about a potential recovery. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The firm has recovered compensation for hundreds of United States investors who experienced damages because of their financial advisors or securities brokers. Please note: Meyers denies all allegations of his sales practice violations.Lars Soreide AVVO 2020 Top Lawyer
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