DID GERALD LEE REPASZ CAUSE YOU INVESTMENT LOSSES?
Gerald Lee Repasz Formerly with Ausdal Financial Partners, Inc. And Berthel, Fisher & Company Financial Services, Inc. Has 6 Customer Complaints for Alleged Broker Misconduct
Who is Gerald L. Repasz formerly with Ausdal Financial Partners and Berthel, Fisher & Company Financial Services?
Gerald Repasz (CRD #1273452) who was formerly registered with Ausdal Financial Partners, Inc. and located in East Peoria, Illinois is a subject of one of our many securities industry sales practice abuse investigations.
Prior to Ausdal Financial Partners, Inc., Gerald Repasz was associated with Berthel, Fisher & Company Financial Services, Inc., and 4 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Ausdal Financial Partners and Berthel, Fisher & Company Financial Services Broker Misconduct
In his career, Gerald Repasz has been the subject of 6 customer complaints that we know about, one of those complaints were filed in the last year to recover investment losses. Two of Gerald Repasz’s 6 customer complaints were settled in favor of investors.
There is currently one pending customer complaints filed against Gerald Repasz’s former employer Ausdal Financial Partners, Inc., and with Berthel, Fisher & Company Financial Services, Inc. for investment losses caused by his alleged misconduct.
Allegations Against Gerald Repasz
A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:
- The client alleged Gerald Repasz made unsuitable investment recommendations to invest in UDF III and IV, and Behringer Harvard REIT.
- The client alleged that the financial advisor made unsuitable investment recommendations and misrepresented alternative investments he sold.
- The customer alleged that the stockbroker misrepresented to surrender fees of a variable annuity product.
- Claimants alleged that Gerald Repasz recommended unsuitable investments and falsified their net worth on applications to justify the sales.
Gerald Repasz Red Flags & Your Rights as An Investor
Of course, Gerald Repasz did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags that should put all current and former customers of Gerald Repasz at Ausdal Financial Partners, Inc. and Berthel, Fisher & Company Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Gerald Repasz has engaged in any stockbroker misconduct that may have caused them investment losses.
There have been a large number of customer complaints at Ausdal Financial Partners, Inc. and Berthel, Fisher & Company Financial Services, Inc. which also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim to Recover Your Investment Losses at Ausdal Financial Partners, Inc. And Berthel, Fisher & Company Financial Services
If you have questions about Ausdal Financial Partners, Inc., Berthel, Fisher & Company Financial Services, Inc., and/or Gerald Repasz and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.