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DID DAVID BRUCE WHITE CAUSE YOU INVESTMENT LOSSES?

David White Of Centaurus Financial, Inc. Has 15 Customer Complaints For Alleged Broker Misconduct

Who is David White of Centaurus Financial, Inc.?

David White

David White (CRD #1382131) who was formerly registered with Centaurus Financial, Inc. and located in Bloomfield Hills, Michigan, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Centaurus Financial, Inc., David White was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

David White Customer Complaints

David White has been the subject of 15 customer complaints that we know about recovering investment losses. Eight of the customer complaints were settled by Centaurus Financial or David White’s former employer in favor of the investors. Four of the customer complaints were denied by David White’s employers and the investors took no further action. There are currently 3 FINRA arbitration proceedings still pending against Centaurus Financial for David White’s alleged misconduct.

Allegations Against David White

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

  • Misrepresentation of high-risk investment.
  • Advisor improperly recommended and high risk and illiquid investment.
  • Advisor misrepresented and an unsuitable investment.
  • Misrepresentation a variable life contract
  • Failure to follow client’s instructions.
  • Misleading investment advice.
  • Suitability of alternative investments in customer’s account.
  • Unsuitable investment recommendations related to a variable annuity contract.

David White Red Flags & Your Rights As An Investor

Of course, David White 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 David White at Centaurus Financial, Inc. on alert to review carefully the activity and performance of their accounts and question whether David White 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 firm’s 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?

best investment fraud lawyers

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 David White

If you have questions about Centaurus Financial, Inc. and/or David White 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.

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