Unsuitable Investment Recommendations by Former Centaurus Financial, Inc. Broker Deborah Anderson

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Erez Law is currently investigating former Centaurus Financial, Inc. broker Deborah Anderson (CRD# 1795405) regarding unsuitable investment recommendations. She was registered at LPL Financial LLC in San Diego, California from 2020 to 2021, when she was terminated regarding, “Customers allege misrepresentations of value of alternative investments held by customers.” Previously, she was registered with Centaurus Financial, Inc. in Redlands, California from 2006 to 2020.

Deborah Anderson Customer Complaints

She has been the subject of five customer complaints in 2022, one of which was withdrawn, according to her CRD report:

August 2022. “The customers allege that the Registered Representative recommended unsuitable, high-risk and illiquid investments. No dates for the alleged activity were disclosed in the Statement of Claim.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint was regarding government debt and real estate securities and took place while she was registered with Centaurus Financial, Inc.

August 2022. “The customers allege that the Registered Representative recommended an unsuitable and illiquid investment. No dates for the alleged activity were disclosed in the Statement of Claim.”  The customer is seeking $50,000 in damages and the case is currently pending. The complaint was regarding government debt and took place while she was registered with Centaurus Financial, Inc.

August 2022. “During the period December 2018, the customer alleges that the Registered Representative recommended an unsuitable and illiquid investment.” The customer is seeking $10,000 in damages and the case is currently pending. The complaint was regarding government debt and took place while she was registered with Centaurus Financial, Inc.

March 2022. “During June 2020, the customer alleges that the Registered Representative misrepresented the investment and breached her fiduciary duties.” The customer is seeking $40,000 in damages and the case is currently pending. The complaint was regarding government debt and took place while she was registered with Centaurus Financial, 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, Centaurus Financial, Inc. may be liable for investment or other losses suffered by Deborah Anderson’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.

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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 below for a free consultation.

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