There are options for customers of Centaurus Financial, Inc. broker Samuel Sutterfield (CRD# 5988560) who lost money due to illiquid investments. He has been registered with Centaurus Financial, Inc. in Tucson, Arizona since 2018. Previously, he was registered with Wells Fargo Clearing Services, LLC in Tucson, Arizona from 2011 to 2018.
Samuel Sutterfield Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
May 2022. “During 2020 through 2021, the customers allege that the Registered Representatives recommended illiquid investments.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint was regarding corporate debt and real estate securities. The complaint took place while he was registered with Centaurus Financial, 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, Centaurus Financial, Inc. may be liable for investment or other losses suffered by Samuel Sutterfield’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.