Investor Alert: Tony (Zvi) Pechthalt — Two Cannabis-Related Customer Complaints – May Recover Investor Losses
Edward Jones Investment Adviser, TONY PECHTHALT is Facing Two Customer Complaints for Selling Cannabis Investments.
Why this alert?
FINRA BrokerCheck shows two recent customer dispute disclosures for broker Tony (Zvi) Pechthalt. We summarize what’s publicly reported so investors can make informed decisions and understand their recovery options.
The Two Most-Recent Customer Complaints
1) Customer Dispute – Pending (Received July 15, 2025)
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Allegation: The client alleges the advisor invested in a marijuana company against the client’s goals and preferences.
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Product Type: Equity Listed (Common & Preferred Stock).
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Firm notation: No dollar amount alleged by the client; the firm made a good-faith determination that potential damages exceed $5,000.
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Status: Pending. BrokerCheck
2) Customer Dispute – Settled (Received January 3, 2025; Settled February 6, 2025)
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Allegations: Unsuitable purchase of Aurora Cannabis (ACB) and Tilray (TLRY).
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Alleged Damages: $5,000 (per disclosure).
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Status: Settled. (Settlement details are shown in BrokerCheck.)
Note: A disclosure does not prove wrongdoing. Allegations are reported as stated in the public record and outcomes are shown as “pending,” “denied,” “settled,” etc., by FINRA.
How Have ACB and TLRY Performed Over 5 Years?
Because the settled complaint specifically cites ACB and TLRY, many investors ask how those stocks have done over time. As of late August 2025, the 5-year total return figures (price-only) reported by reputable market data sites show deep declines:
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Aurora Cannabis (ACB): ~–94.7% over 5 years.
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Tilray Brands (TLRY): roughly –92% over 5 years (depending on the dataset view and methodology).
Why the range for TLRY? Corporate actions, index baselines, and quote sources can lead to slightly different 5-year calculations. Regardless of source, both ACB and TLRY show very large 5-year drawdowns.
What These Complaints May Mean for Investors
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Suitability matters. If an advisor recommends or purchases securities inconsistent with your stated objectives or risk tolerance, that can be grounds for a claim.
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Concentrated bets in volatile sectors (e.g., cannabis equities) can magnify losses, especially over multi-year periods.
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BrokerCheck is your friend. Review your advisor’s disclosures periodically—especially before new investments.
Your Potential Recovery Options
If you invested with Tony (Zvi) Pechthalt and believe recommendations were unsuitable or your account wasn’t handled according to your goals:
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Preserve your records: monthly statements, confirmations, new-account forms, emails/texts, and notes from calls/meetings.
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Act promptly: FINRA arbitration has time limits; delaying can affect your rights.
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Get a free case evaluation: Goodman & Nekvasil, P.A. represents investors nationwide in FINRA arbitration and may be able to help you recover investment losses.
If you believe you suffered losses, call Goodman & Nekvasil, P.A. at (800) 500-4442 for a free consultation.
Investor Alert: Broker TIM ROARK Facing $1 Million Customer Complaint – May Recover Investor Losses
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 8/27/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.