Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lawrence Depaul (Depaul), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Depaul 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 $100,001.00 on February 21, 2024.
The customer alleges that during the period of 2019 through 2021, the Registered Representative recommended unsuitable, high-risk, illiquid investments, and breached his fiduciary duty.