Gerald Roger Dewes (Gerald Dewes) Financial Advisor/Broker Gerald Dewes Barred from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses

Gerald Dewes CRD #2465538

Gerald Dewes was a previously licensed East Amherst, New York financial advisor/broker with Cadaret, Grant & Co. Inc. Gerald Dewes entered the securities industry in 1994.  From August 2014 through November 2019 Gerald Dewes was registered with Cadaret Grant out of the firm’s East Amherst, New York office location. FINRA reports that Gerald Dewes was barred from the securities industry in March 2020. According to Gerald Dewes’ publicly disclosed records his outside business activities include Sunbridge Management.

In March 2020 FINRA found that Gerald Dewes consented to the sanctions and a bar from them industry as well as to the entry of findings that he refused to appear for testimony before FINRA during the course of an investigation into his potential participation in undisclosed private securities transactions and outside business activities.  In addition, Cadaret Grant terminated Gerald Dewes alleging that he sold away from the firm by soliciting client investments into an undisclosed outside business activity called Elite Roasters, Inc. (Elite Roasters) for which he was an officer and director.

According to FINRA: 

Gerald Dewes consented to the sanction and to the entry of findings that he refused to appear for on-the-record testimony requested by FINRA in connection with an investigation into Gerald Dewes’ potential participation in undisclosed private securities transactions and outside business activities.

According to his CRD report, Gerald Dewes Has Been Involved in Multiple Customer Complaints: 

November 2019. “Independent RIA client [REDACTED] alleged that he heard nothing from advisor Gerald Dewes despite repeat promises of 10% returns three years earlier.” The case is currently pending. The complaint took place while Dewes was registered with Sunbridge Management Inc.

September 2002. “Client alleges broker traded client in a manner inconsistent with the stated investment objectives, and was not adequately supervised by broker dealer.” The customer sought $91,000 in damages and the case was settled for $25,500. The case was regarding a managed account and took place while Gerald Dewes was registered with John Hancock Financial Services in 1997.

Goodman & Nekvasil P.A. May Recover Investor Losses

If you lost money on investments with Gerald Dewes and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Gerald Dewes’ conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Gerald Dewes and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.

Some of the information in this blog post on Gerald Dewes was obtained on 4/1/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.

Gerald Dewes, Financial Advisor, Broker, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, SEC, Financial Advisor, Broker, Gerald Dewes