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Galen Kopman Formerly with Centaurus Financial and LPL Financial Has 3 Customer Complaints for Alleged Broker Misconduct

Who is Galen Kopman formerly with Centaurus Financial?

Galen Kopman (CRD #3011906) who was formerly registered with Centaurus Financial and located in Vancouver, Washington is a subject of one of our many securities industry sales practice abuse investigations.

Prior to Centaurus Financial, Galen Kopman was associated with LPL Financial and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Galen Kopman Customer Complaints

Galen Kopman has been the subject of 3 customer complaints that we know about. One of Galen Kopman’s 3 customer complaints was settled in favor of investors.

One of Galen Kopman’s customers’ complaints was denied and the customers did not take any further action. The third customer complaint filed against Galen Kopman’s former employer Centaurus Financial, Inc. is still pending.

Allegations Against Galen Kopman

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

  • The claimant alleges that Respondent’s representative Galen Kopman recommended an unsuitable investment in a business development company which conflicted with Claimant’s true investment objectives and needs, ultimately causing her monetary damages. Claimant alleges her representative was motivated by commissions and consequently misrepresented/omitted the illiquid investment’s risks.
  • The customer alleges that the recommendations by Galen Kopman were unsuitable, the documentations was altered, and demands repayment of $172,283. 00.

Galen Kopman Red Flags & Your Rights as An Investor

Of course, Galen Kopman 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 that should put all current and former customers of Galen Kopman at Centaurus Financial and LPL Financial on alert to review carefully the activity and performance of their accounts and question whether Galen Kopman has engaged in any stockbroker misconduct that may have caused them investment losses.

The large number of customer complaints at Centaurus Financial and LPL Financial 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 Due to Galen Kopman

If you have questions about Centaurus Financial, LPL Financial, and/or Galen Kopman 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.

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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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