Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jon Rustad (Rustad), previously associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Rustad recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $343,475.00 on January 31, 2023.
Previous Broker Dealer states: Allege that clients were overconcentrated in illiquid investments that were not suitable or in line with their stated objectives and risk tolerance.