| Read Time: 2 minutes | Centaurus Financial Complaints |


Atul Makharia Of Centaurus Financial, Inc. And Formerly With J.P. Turner & Company, LLC Has 9 Customer Complaints For Alleged Broker Misconduct

Who is Atul Makharia of Centaurus Financial, Inc.?

Atul Makharia (CRD #5070762) who is currently registered with Centaurus Financial, Inc. and located in Lexington, South Carolina is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Centaurus Financial, Inc., Atul Makharia was associated with J.P. Turner & Company, LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Atul Makharia Customer Complaints

Atul Makharia has been the subject of 9 customer complaints that we know about, 3 of those complaints were filed in the last year to recover investment losses. One of Atul Makharia’s customer complaints was denied and, to date, the customer has not taken any further action.

Allegations Against Atul Makharia

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Overconcentration of customer’s accounts and unsuitable corporate debt investments.
  • Multiple clients in separate arbitration’s alleged overconcentration and unsuitable, complex, high-risk, speculative, and illiquid investments.
  • Multiple clients in separate arbitration’s alleged unsuitable investments in breach of fiduciary duties.

Atul Makharia Red Flags & Your Rights As An Investor

Of course, Atul Makharia did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Atul Makharia at Centaurus Financial, Inc. and J.P. Turner & Company, LLC on alert to review carefully the activity and performance of their accounts and question whether Atul Makharia has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Centaurus Financial, Inc. and J.P. Turner & Company, LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Centaurus Financial, Inc. Due To Atul Makharia

If you have questions about Centaurus Financial, Inc., J.P. Turner & Company, LLC and/or Atul Makharia and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars