How to Bring a Claim Against Center Street Securities, Inc. Broker Kenneth New

Center Street Securities, Inc.

Erez Law is interested in speaking with investors who may have suffered losses due to investments with Center Street Securities, Inc. broker Kenneth New (CRD# 2836918). He has been registered with Center Street Securities, Inc. in Merritt Island, Florida since 2017. Previously, he was registered with Pinnacle Financial Wealth Management, LC in Merritt Island, Florida from 2015 to 2017 and with Brookstone Capital Management LLC in Bristol, Virginia from 2009 to 2015.

Kenneth New Customer Complaints

He has been the subject of two customer complaints in 2022, according to his CRD report:

September 2022. “Client alleges the registered representative recommended unsuitable investments.” The customer is seeking $393,000 in damages and the case is currently pending. The complaint was regarding alternative investment losses and took place while he was registered with Center Street Securities, Inc. 

June 2022. “Client alleges registered representative recommended an unsuitable investment.” The customer is seeking $50,000 in damages and the case is currently pending. The complaint was regarding GWG Holdings Inc. L Bonds 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 Kenneth New’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.