Were you the victim of Center Street Securities, Inc. broker Joseph Latour (CRD# 4436861) who is accused of unsuitable investment recommendations? He has been registered with Center Street Securities, Inc. in Springfield, Missouri since 2012 and Latour Asset Management LLC in Springfield, Missouri since 2014.
He faced two regulatory sanctions by the State Of Missouri Department Of Insurance, Financial Institutions And Professional Registration in 2009 and 2010 for unapproved advertising
Joseph Latour Customer Complaints
He has been the subject of two customer complaints in 2022, according to his CRD report:
June 2022. “Beginning in 2018 the clients allege the registered representative recommended unsuitable investments and transactions.” The customer is seeking $500,000 in damages and the case is currently pending. The complaint took place while he was registered with Center Street Securities, Inc. and was regarding alternative products.
March 2022. “unsuitable and illiquid.” The customer is seeking $500,000 in damages and the case is currently pending. The complaint took place while he was registered with Center Street Securities, Inc. and was regarding GWG Holdings Inc. losses.
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 Joseph Latour’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.
"*" indicates required fields