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.
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.
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.
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.
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.
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.
Robert Averwater (CRD 5614514) is a Memphis, Tennessee broker. FINRA fined him $10,000, suspended him from association with any member firm in all capacities for four months, and required him to complete 10 hours of continuing education, according to an AWC issued August 18, 2026.
Qi Yang (CRD 7439718) is a San Francisco, California broker. FINRA suspended him from association with any member firm in all capacities for six months and assessed a deferred fine of $5,000, according to an AWC issued August 10, 2026.
Thomas Jacobs (CRD 4139430) is a Bay City, Michigan broker. FINRA suspended him from association with any member firm in all capacities for two months and assessed a deferred fine of $2,500, according to an AWC issued August 3, 2026.
Phone:
Fax: 1-954-760-6553
Email: [email protected]