Center Street Securities, Inc. Broker Christopher Wright Faces GWG Capital Holdings L Bonds Losses Complaint

Center Street Securities, Inc.

Erez Law is currently investigating Center Street Securities, Inc. broker Christopher Wright (CRD# 4134973) regarding GWG Capital Holdings L Bonds losses. He has been registered with Center Street Securities, Inc. in Prescott, Arizona since 2010 and with Wright Wealth Management Group in Prescott, Arizona since 2014.. 

Christopher Wright Customer Complaints

He has been the subject of four customer complaints between 2009 and 2022, according to his CRD report:

June 2022. “Clients allege registered representative recommended an unsuitable investment.” The customer is seeking $135,000 in damages and the case is currently pending. The complaint was regarding GWG Capital Holdings L Bonds losses and it took place while he was registered with Center Street Securities, Inc.

April 2020. “Nov 2019.client is complaining that rep rolled an annuity with 3 years to go into another annuity which restarted the surrender period. client states that he did not want more annuities” The case was settled for $197,000. The complaint was regarding fixed annuity losses and took place while he was registered with Center Street Securities, Inc.

June 2019. “8/14/2015. Respondent mishandled the Claimants’ assets by failing to properly allocate and diversify Claimants’ retirement portfolios.” The customer sought $14,000 in damages and the case was settled for $36,000. The complaint was regarding alternative investment losses and took place while he was registered with Center Street Securities, Inc.

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Center Street Securities, Inc. may be liable for investment or other losses suffered by Christopher Wright’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.