Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Morando Jr (Morando Jr), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Morando Jr 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 $125,000.00 on April 10, 2026.
The customer alleges that in or around 2016, the Registered Representative recommended high-risk, speculative and illiquid investments.