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.

One or more investors apparently complained about securities broker Matthew Ryan Stucke (also known as Matt Stucke) [CRD: 4840895, Milton, Georgia], according to publicly available disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It seems that Stucke has worked for Cetera Advisor Networks LLC since October 26, 2022, and Cetera Investment Advisers LLC since March 23, 2023. His prior affiliations include Cambridge Investment Research and Raymond James Associates. Below, you can find important information about the disclosures involving this investment adviser and broker.
Particularly, a client of Cambridge Investment Research Inc. contested Matt Stucke’s sales practices, according to a complaint. Allegedly, Stucke recommended unsuitable and risky investments. Allegedly, Stucke caused the client to sustain damages through investments in stocks. Consequently, Cambridge Investment Research Inc. chose to settle the matter on February 21, 2025, by compensating the client in the amount of $315,000.00.
Also, a client of Cambridge Investment Research Inc. contested Stucke’s sales practices by filing FINRA Arbitration No. 24-01459. Allegedly, Stucke made unsuitable recommendations and recommended risky stocks. As a result, Cambridge Investment Research Inc. opted to settle the matter on January 15, 2025, by compensating the client in the amount of $80,235.00.
Particularly, a Cambridge Investment Research Inc. client filed FINRA Arbitration No. 24-00183 about Matt Stucke. Supposedly, Stucke was negligent and engaged in discretionary trading concerning stocks. Therefore, on December 2, 2024, Cambridge Investment Research Inc. settled this matter by paying the client $2,500,000.00 in damages.
Additionally, a Cambridge Investment Research Inc. client filed FINRA Arbitration No. 24-00035 about Matthew Stucke. Allegedly, Stucke made unsuitable recommendations of speculative products, resulting in damages. Consequently, on December 16, 2024, Cambridge Investment Research Inc. settled this matter by paying the client $110,000.00 in damages.
Also, a client of Cambridge Investment Research Inc. contested Matt Stucke’s sales practices by filing FINRA Arbitration No. 23-03131. Allegedly, Stucke recommended risky investments and made unsuitable recommendations regarding equities. For this reason, Cambridge Investment Research Inc. chose to settle the matter on November 27, 2024, by compensating the client in the amount of $103,500.00.
Are you concerned regarding investments you made with Matt Stucke? You can reach out to Soreide Law Group online or at (888) 760-6552 and talk with 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 basis and advances all costs. Stucke and the securities firms Stucke worked for deny 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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