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Investors Allege Eric Kuchherzki Recommended High-Risk and Illiquid Investments

Eric Kuchherzki (CRD #: 2529623), a broker registered with Centaurus Financial, allegedly recommended unsuitable investments, according to his BrokerCheck record, accessed on March 1, 2025. If you want to know more about his alleged conduct as a broker, read on.

Investor Disputes

On December 31, 2024, multiple investors filed a dispute alleging that Eric Kuchherzki made unsuitable recommendations of a high-risk and illiquid investment. He allegedly also misrepresented this investment. The clients seek $150,000 in this pending dispute.

Two disputes, filed on March 23, 2022, and July 12, 2023, alleged that Eric Kuchherzki gave unsuitable recommendations of high-risk and illiquid investments during a collective time frame spanning 2019-2021. These disputes were settled for a total of $189,500.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that sufficiently suit an investor’s financial goals. Brokers must consult the investor’s profile, which contains information about their age, risk tolerance, and tax status.

Investors who rely on brokers for recommendations may be able to recover their losses by seeking out FINRA arbitration.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence the purchase and sale of securities. Misrepresenting an investment’s limitations, risks, requirements, or other features violates this rule.

Background Information

Eric Kuchherzki has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 55 – Limited Representative-Equity Trader Exam
  • Series 7 – General Securities Representative Examination

Eric Kuchherzki is a registered broker in seven states.

He has also worked for the following firms:

  • Taylor Capital Management (CRD#:43559)
  • Questar Capital (CRD#:43100)
  • Princor Financial Services Corporation (CRD#:1137)
  • Emerson Equity (CRD#:130032)
  • Foresters Equity Services (CRD#:18464)
  • A.B. Watley (CRD#:797)
  • Millenium Brokerage (CRD#:47728)
  • PreferredTrade (CRD#:10993)
  • Gilford Securities (CRD#:8076)
  • Discover Brokerage Direct (CRD#:34925)
  • L. H. Alton & Company (CRD#:15682)

Kurta Law Can Help

If you worked with Eric Kuchherzki and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and 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. 

 

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