Unsuitable Investment Recommendations by Center Street Securities, Inc. Broker Michael Mirich

Center Street Securities, Inc.

There are options for clients of Center Street Securities, Inc. broker Michael Mirich (CRD# 1979328), who suffered losses due to unsuitable investment recommendations. He has been registered with Center Street Securities, Inc. in Escondido, California, since 2015, and with Arete Wealth Advisors, LLC in Escondido, California, since 2023. Previously, he was registered with Center Street Advisors, Inc. in Escondido, California, from 2015 to 2023. 

Michael Mirich Customer Complaints

He has been the subject of one customer complaint, according to his CRD report:

April 2023. “Client alleges the registered representative recommended an unsuitable investment.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint took place while he was registered with Center Street Securities, Inc., and it was regarding alternative investments. 

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 Michael Mirich’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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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.