Erez Law is currently investigating Centaurus Financial, Inc. broker Marcus Dickerson (CRD# 1053338) regarding unauthorized trading that lead to investment losses. Dickerson has been registered with Centaurus Financial, Inc. in Livonia, Michigan since 2001.
Dickerson has been the subject of four customer complaints between 2003 and 2020, according to his CRD report. The three past settled complaints were regarding misrepresentation, unsuitable investment recommendations, and unauthorized trading, among other allegations. The most recent complaint is regarding:
July 2020. “During the period March 23, 2020 through June 26, 2020, the customer alleges that the Registered Representative initiated several unauthorized trades.” The case is currently pending. The complaint was regarding mutual fund investment 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, Centaurus Financial, Inc. may be liable for investment or other losses suffered by Dickerson’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.