Investor Alert: $1 Million Customer Complaint Filed Against Blake Matthew Scherr – Investors May Recover Losses
Blake Scherr
BLAKE MATTHEW SCHERR
CRD#: 5043294
In September 2025, a customer dispute was filed against Blake Matthew Scherr of Merrill Lynch, alleging that between September 2024 and May 2025, he engaged in improper solicitation of an account, resulting in claimed damages of $1,000,000.
Blake Scherr has been registered in the securities industry since 2018 and has worked for Merrill Lynch throughout his career. Although the outcome of the pending complaint has not been determined, claims involving improper solicitation can lead to substantial investor harm and may be violations of FINRA Rules 2111 (Suitability) and 2010 (Standards of Commercial Honor and Principles of Trade).
Investor Alert: $1 Million Customer Complaint Filed Against Blake Matthew Scherr
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $500 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 10/30/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.