Close Menu
Free Consultation: 888-976-6111

Carlson Law Files Case Involving Matthew Stucke of Cambridge Investment Research

UPDATE: As of March 5, 2025, Carlson Law has now represented six former clients of Matthew Stucke.

Today, Carlson Law filed a FINRA arbitration against Cambridge Investment Research, alleging in excess of $100,000 in damages.

Our client alleges financial losses due to investment recommendations by former Cambridge Investment Research broker Matthew Stucke.

Matthew Stucke was a registered representative with Cambridge Investment Research, Inc. from May 2020 to November 2022. He is no longer with Cambridge and currently registered with Cetera Advisor Networks, LLC. Stucke was previously registered with numerous brokerage firms, including six others from 2005 to 2020.

The Carlson Law client alleges the following in the FINRA claim filed today:

Stucke engaged in extremely risky trading in [client]’s account with investments predominantly in technology and financial technology (“fintech”) stocks as well as various special purpose acquisition companies (“SPACs”). From September 2021 until the account was closed in August 2022, it was between 85% and 95% invested in equities. 

[Client]’s account realized losses of approximately $63,000 in two rival Bitcoin mining companies—Marathon Digital Holdings, Inc. (“Marathon”; Ticker: MARA) and Riot Platforms, Inc. (“Riot”; Ticker: RIOT).

[Client]’s account also realized losses of over $26,000 in two fintech companies—SoFi Technologies, Inc. (“SoFi”; Ticker: SOFI) and Upstart Holdings, Inc. (“Upstart”; Ticker: UPST).

Stucke made several high-risk SPAC investments in [Client]’s account, such as Gores Guggenheim, Inc. (Ticker: GGPI), Digital World Acquisition Corp. (Ticker: DWAC), Switchback Energy Acquisition Corp. (Ticker: SBE), and five of the six offerings by Social Capital Hedosophia Holdings Corp.

Carlson Law is seeking compensatory damages, attorney’s fees, interest, costs, and punitive damages for the our client.

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Robert Alegria: Bond Complaint Against Morgan Stanley Advisor

    Miami financial advisor Robert Alegria (CRD# 5978340) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory...

    Read More
  • Janet Gordon: $1.4mm Complaint Against Ex-Morgan Stanley Advisor

    A recent investor complaint against Coral Gables, Florida financial advisor Janet Gordon (CRD# 1114409) alleges that her advice resulted in...

    Read More
  • David McQuade: High Bluff Advisor Faces Investor Complaint

    San Diego, California financial advisor David McQuade (CRD# 3118389) allegedly failed to follow a customer’s instructions, according to a recent...

    Read More
  • Statement Concerning Recent Reports About Our Client, Reshad Jones:

    “This is yet another troubling example of a professional athlete being exploited by a wealth management firm he trusted. In...

    Read More
  • Previous
  • Next