Jerry Lou Guttman — Private Securities Transactions
Jerry Lou Guttman Allegedly Participating in Private Securities Transactions without Providing Proper Notification to His Firm United Planners;
Jerry Lou Guttman, of Phoenix, Arizoan, allegedly participated in private securities transactions without first providing notice to the his member firm, United Planners, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.
Investors who believe they may have lost money in activity related to Jerry Lou Guttman’s alleged private securities transactions are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.
The Peiffer Rosca Wolf securities lawyers are currently investigating Jerry Lou Guttman’s alleged private securities transactions.
Guttman purportedly solicited the membership interests, drafted, distributed, and collected investment agreements, collected and deposited investors’ checks into the companies’ bank accounts, according to the aforementioned AWC.
What is more, Guttman also allegedly managed the companies as one of only two managing members, the AWC states.
Furthermore, Guttmanm, who has also allegedly been the subject of three customer complaints, has been affiliated with Guttman Financial Group, Nationwide Planning & Benefits, Champion Entertainment Group, Walled Lake Properties, and Serenity Management, the AWC notes.
Guttman Allegedly Sold over $7 Million worth of Membership Interests in at Least Six Different Limited Liability Companies to 31 Firm Customers and Seven Non-customers; Guttman Barred by FINRA
Jerry Lou Guttman, from September 2008 through May 2017, allegedly made sales of over $7 million worth of membership interests in at least six different limited liability companies to 31 firm customers and seven non-customers without first disclosing the sales to United Planners, according to the aforementioned AWC presently under review by attorneys Alan Rosca and James Booker.
United Planners purportedly discharged Guttman for offering clients an unapproved investment when the aforementioned allegations came to the public’s eye in 2017, the AWC states.
Jerry Lou Guttman was first associated with a FINRA member firm in November 1982 and first registered with a member firm in January 1983, and between January 1983 and October 2001, the AWC states.
Finally one should also note that, according to the AWC, Jerry Lou Guttman neither admitted nor denied the FINRA findings.
Securities Lawyers Investigating
The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Jerry Lou Guttman’s alleged private securities transactions. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Jerry Lou Guttman’s alleged private securities transactions may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at firstname.lastname@example.org or email@example.com.