DID BRYON EDWIN MARTINSEN CAUSE YOU INVESTMENT LOSSES?
Bryon Martinsen Formerly With Centaurus Financial, Inc. Has 16 Customer Complaints For Alleged Broker Misconduct
Who is Bryon Martinsen formerly with Centaurus Financial, Inc.?
Bryon Martinsen (CRD #1621649) who was formerly registered with Centaurus Financial, Inc. and located in Kings Park, New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Centaurus Financial, Inc., Bryon Martinsen was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Bryon Martinsen’s at his own regulatory problems. In 2022, he consented to a settlement without admitting or denying the allegations that he participated in private securities transactions, facilitating the sale of approximately $1.1 million in alternative investment, without providing prior notice to his member firm. He was suspended for 15 months in all capacities and fined $10,000.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Bryon Martinsen Customer Complaints
In his career, Bryon Martinsen has been the subject of16customer complaints that we know about. Nine of Bryon Martinsen’s16customer complaints were settled by Centaurus Financial in favor of investors. Two of those customer complaints were denied by his former employer and to date the customer has not pursued any action. There are currently 5 pending customer complaints filed against Bryon Martinsen’s current employer Centaurius Financial, Inc. for investment losses caused by his alleged misconduct.
Allegations Against Bryon Martinsen
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Customer alleges financial advisor recommended unsuitable investments involving real estate securities.
- Client alleges unsuitable investments, misrepresentations, and omission of material risk, in connection with various real estate securities.
- The allegations include breach of fiduciary duty, common law fraud, negligence, misrepresentations/omissions, and negligence/breach of industry rules pertaining to the purchases of non-traded REIT, leasing equipment funds and other private placements.
- Customer complaints about unsuitable variable annuity and mutual fund products were not fully explained.
- Customer alleged unsuitability, misrepresentations, omissions, negligence, fraud, breach of contract, and breach of fiduciary duty in connection with the offer and sale of viatical contracts.
- Customers alleged that the registered representative invested their funds and unsuitable, high risk, and illiquid investments, including variable annuity, limited partnership interests, and real estate securities.
- The registered representative failed to properly invest claimants’ money in accordance with their goals, but instead chose to invest most of the claimants’ money in high-risk, illiquid, non-traded REITs.
Bryon Martinsen Red Flags & Your Rights As An Investor
Of course, Bryon Martinsen 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 Bryon Martinsen at Centaurus Financial, Inc. on alert to review carefully the activity and performance of their accounts and question whether Bryon Martinsen has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Centaurus Financial, Inc. 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.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Centaurus Financial, Inc. Due To Bryon Martinsen
If you have questions about Centaurus Financial, Inc. and/or Bryon Martinsen 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.
Rate this Post
Loading...