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§ Named party · No finding entered
Matthew J. Werthe, dba HSR Wealth Management
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Full registry record
CLASS ACTION JX-SEC-LR-26497Opened AUG 21 2026Quick look

Matthew J. Werthe, dba HSR Wealth Management

Where this class action stands
Stage 5 of 7 · Filed
organizing · next rung: Resolved
§ Right of reply

No reply on file from Matthew J. Werthe, dba HSR Wealth Management on this matter.

Claims entered

No claim has been entered on this docket.

1 filed · 1 on the record. The chronology below carries every filing, docket event and outcome — open a row there for its source.

Open to posting — anyone may add to this file, subject to the review queue.

The chronology

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Docket event

Opened at stage filed

Entered on the record AUG 21 2026Occurred AUG 21 2026
On the record
Crime

No crime on the record yet.

Statutes

No statutes on the record yet.

Place
California

"Cal. filed May 4, 2023) SEC Obtains Final Judgment as to Investment Adviser in Cherry-Picking Scheme On February 2, 2026, the United States District Court for the Southern District of California entered a final judgment as to Defendant Matthew J."

Status
Charged

"Werthe, dba HSR Wealth Management, a formerly state-registered investment adviser, whom the SEC previously charged with engaging in a cherry-picking scheme, making misrepresentations to his clients, and violating his fiduciary duties."

Case 3:23-cv-815-L

"Werthe dba HSR Wealth Management , No. 3:23-cv-815-L-DDL (S.D."

Parties

No parties on the record yet.

Amounts
$112,340.03 Penalty

"On February 2, 2026, the Court granted the SEC’s motion for monetary and injunctive relief and entered a final judgment permanently enjoining Werthe from violating the charged provisions of the federal securities laws and ordering Werthe to pay disgorgement in the amount of $507,996.42, prejudgment interest in the amount of $112,340.03, and a civil penalty in the amount of $507,996.42."

$507,996.42 Penalty

"On February 2, 2026, the Court granted the SEC’s motion for monetary and injunctive relief and entered a final judgment permanently enjoining Werthe from violating the charged provisions of the federal securities laws and ordering Werthe to pay disgorgement in the amount of $507,996.42, prejudgment interest in the amount of $112,340.03, and a civil penalty in the amount of $507,996.42."