Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Philip Board (Board), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Board 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 $60,000.00 on July 22, 2022.
During the period 2020 through the filing of this arbitration, the customers allege that the Registered Representative misrepresented an unsuitable high-risk, illiquid investment and breached his fiduciary duty.