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Jeffrey Werdesheim Allegedly Engaged in Negligence

Jeffrey Werdesheim (CRD #: 1892046), a broker registered with Oppenheimer & Co. Inc., is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 8, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On September 3, 2024, an investor alleged that Jeffrey Werdesheim engaged in negligence and recommended unsuitable investments. The investor is seeking $940.941. 

Investors should know that this broker has five denied disputes on his record. Firms can deny disputes without any external review, and investors can still recover losses following a denial. 

Negligence

Many types of broker misconduct may qualify as negligence. Typical examples include unsuitable investment recommendations, misrepresentations or omissions of material fact, and failure to follow instructions.

Investors who believe their losses are the result of broker negligence may be able to recover their funds through FINRA arbitration.

Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable.

Background Information 

Jeffrey Werdesheim has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 3 National Commodity Futures Examination 
  • Series 7 General Securities Representative Examination 

He is a registered broker in 37 states and is a registered investment adviser in California and Texas. 

Jeffrey Werdesheim has registered with the following firms: 

  • Oppenheimer & Co. (CRD #: 249) 
  • Oppenheimer Asset Management (CRD #: 105559) 
  • Fahnestock Asset Management (CRD #: 249) 
  • CIBC World Markets (CRD #: 630) 
  • Lehman Brothers (CRD #: 7506) 

Kurta Law Can Help 

If you worked with Jeffrey Werdesheim and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.

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