Financial Advisor Fraud

Investors have been left reeling after a serious allegation was made against a Registered Representative, William Burks, and his firm, Centaurus Financial, Inc. The customers claim that between August 2017 and February 2019, Burks recommended unsuitable, high-risk, and illiquid investments, and breached his fiduciary duty. The dispute, which is pending, is seeking damages of $580,000. […]

Investors put their trust in financial advisors with the expectation that they will act in their best interests. Unfortunately, this is not always the case. One such allegation has come to light, where a customer alleges that a certified financial advisor failed to explain the details and risks of their investment. This case involves Saimir

Investors are often faced with a myriad of investment opportunities, each with its own set of risks and rewards. However, when these investment decisions result in losses due to alleged unsuitable investments, it becomes a matter of serious concern. This is the case with a pending customer dispute involving Eric Kiblen from Purshe Kaplan Sterling

The seriousness of an allegation against a registered representative can have far-reaching implications for investors. Recently, the Securities and Exchange Commission (SEC) alleged that Dana Hawkins, a broker at Centaurus Financial, Inc., potentially violated Rule 151-1(a) of the Securities Exchange Act of 1934, known as Regulation Best Interest, by failing to comply with the Care