Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Atul Makharia (Makharia), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Makharia recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $499,000.00 on October 02, 2023.
The customers allege that the Registered Representative recommended unsuitable, high-risk, speculative, illiquid investments and breached his fiduciary duty. No specific dates for the alleged activity were identified in the Statement of Claim.