Investor Alleges Gordon Tuthill Failed to Follow Investment Plan

Gordon Tuthill (CRD #: 2223175), a broker registered with Goldman Sachs & Company, was the subject of a recent investor dispute, according to his BrokerCheck record, accessed on December 6, 2022. If you want to know more about his alleged conduct as a broker, keep reading.

Investor Dispute

On September 21, 2022, an investor filed a dispute alleging that Gordon Tuthill invested money in corporate bonds in a discretionary investment account, which did not follow an agreed-upon investment plan. The client sought $441,600 in damages but the firm denied the dispute.

However, investors should know that firms can deny disputes without an external review. Investors may be able to recover their funds by seeking out FINRA arbitration after a denial.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must use the information contained in an investor’s profile, such as their tax status, age, and overall financial situation.

Investors who rely on brokers for investment recommendations can seek out FINRA arbitration and potentially recover their losses.

Background Information

Gordon Tuthill has passed the following exams:

• Series 65 – Uniform Investment Adviser Law Examination
• 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

Gordon Tuthill is a registered broker in all 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands.

Kurta Law Can Help

If you worked with Gordon Tuthill 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.