Were you the victim of corporate debt losses due to recommendations by Centaurus Financial, Inc. broker Michael Hamilton (CRD# 2038138)? He has been registered with Centaurus Financial, Inc. in Ft. Myers, Florida, since 2015.
In February 2025, the United States Securities and Exchange Commission (SEC) sanctioned him to pay a $12,500 civil and administrative penalty and fine as well as $5,204.30 in disgorgement and a $1,240.74 monetary penalty. The complaint was related to GWG Holdings, Inc. L Bonds recommended to retail customers.
Michael Hamilton Customer Complaints
He has been the subject of two customer complaints between 2006 and 2026, according to his CRD report. The most recent complaint was regarding:
March 2026. “The customer alleges that in September 2019 through February 2021, the Registered Representative recommended unsuitable, high-risk, illiquid investments.” The customer is seeking $224,500 in damages, and the case is currently pending. The complaint was regarding corporate debt 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 Michael Hamilton’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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