Jeffrey Werdesheim Facing Oppenheimer Client Dispute Concerning Negligence

Investors potentially experienced sales practice violations because of securities broker Jeffrey Lane Werdesheim (also known as Jeffrey Lanne Werdesheim) [CRD: 1892046, Los Angeles, California], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Werdesheim has worked for Oppenheimer Co. Inc. since January 3, 2003, in Los Angeles, and works for their Westlake Village, California, office since November 5, 2007. Check out the following information about the pending client dispute disclosure involving Werdesheim.

Oppenheimer Investor Accused Werdesheim Of Negligence

Specifically, on September 3, 2024, an Oppenheimer Co. Inc. client filed FINRA Arbitration No. 24-01885 about Jeffrey Werdesheim. Supposedly, Werdesheim breached his fiduciary duty, breached a contract, made unsuitable recommendations, and was negligent. The client also alleged negligent supervision. Because of this, the client allegedly incurred damages through investing in money market funds, municipal bonds, and mutual funds. Therefore, the client requested $940,941.00 in compensation from Oppenheimer Co. Inc. or Werdesheim. This arbitration is pending a resolution.

Oppenheimer Co. Inc. Investor Accused Jeffrey Werdesheim Of Misrepresentation, Omissions

Notably, on February 25, 2014, an Oppenheimer Co. Inc. client filed a complaint about Jeffrey Werdesheim. Allegedly, Werdesheim made misrepresentations and made omissions of material fact relating to direct investments. Consequently, the client requested damages from Oppenheimer Co. Inc. or Werdesheim. However, the firm denied this complaint.

Werdesheim Disclosed Unsuitable Recommendations Allegations By Oppenheimer Co. Inc. Client

Particularly, a client of Oppenheimer Co. Inc. contested Jeffrey Werdesheim’s sales practices, according to a denied complaint dated August 17, 2009. Allegedly, Werdesheim made unsuitable recommendations. Allegedly, Werdesheim allegedly caused the client to sustain damages through investments in over-the-counter equities and stocks. As a result, the client sought compensation from Oppenheimer Co. Inc. or Werdesheim in the amount of $7,000,000 in this matter.

CIBC World Markets Corp. Investor Accused Jeffrey Werdesheim Of Misrepresentation

Also, on July 1, 2005, a CIBC World Markets Corp. client filed a complaint about Jeffrey Werdesheim. Supposedly, Werdesheim made unsuitable recommendations and made misrepresentations about risks of investments. Because of this, the client allegedly sustained damages. Therefore, the client requested $25,000 in compensation from CIBC World Markets Corp. or Werdesheim. However, the firm denied this complaint.

Did You Invest Through Financial Advisor / Securities Broker Jeffrey Werdesheim?

Are you concerned regarding investments you made with Jeffrey Werdesheim? You can reach out to Soreide Law Group online or at (888) 760-6552 and speak to a securities lawyer concerning a potential recovery. Soreide Law Group has substantial experience recovering losses for clients located throughout the country. The law firm also takes cases on a contingency fee arrangement and advances all costs. Werdesheim and securities firms / investment advisories Werdesheim worked for deny accusations of sales practice violations.