Centaurus Financial, Inc. Financial Advisor Michael Fassi Unsuitable Investment Recommendations
Posted on Friday, May 3rd, 2019 at 9:18 am
Were you the victim of Centaurus Financial, Inc. financial advisor Michael Fassi (CRD# 828921) who recommended unsuitable investment? Fassi has been registered with Centaurus Financial, Inc. in Fort Collins, Colorado and Reno, Nevada since 2006.
Fassi has been the subject of one customer complaint, according to his CRD report:
November 2018. “Customer primarily alleges that the financial advisor recommended unsuitable investments in 2012 and several other allegations associated therewith.” The customer is seeking $275,498 in damages and the case is currently pending. This case is regarding real estate securities.
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 Fassi’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.